The digital economy is a key focus in the 14th Five-Year Plan (2021-2025), during which China aims to push forward the digitalisation of a raft of industries. The plan also highlighted the necessity …
Monthly Archives For April 2021
Computer chip shortage, corporate America caught between US and China
The boom in Bitcoin mining is having an unintended consequence: it has driven up the cost of computer chips. Plus, the FT’s US-China correspondent, Demetri Sevastopulo, explains how China’s repressive …
China resumes oil imports from Sudan after 4 months’ halt: Customs
Beijing buys 14,000 tonnes with more to come if this weekend’s Juba-Khartoum talks bring an end to hostilities …
Kevin O’Leary says he will only buy bitcoin mined with clean energy, and none mined in China
Celebrity investor Kevin O’Leary says he will only buy bitcoin mined sustainably in countries that use clean energy — and not “blood coin” mined in China. “I see over the next year or two, two…
NFTs in Beijing — ‘Who gets to decide the value of art?’
opened in late March at Beijing’s UCCA Lab. An exhibition of NFT art … many of the artists in the exhibition see the relationship between creativity and finance as fraught. Innovation in fundraising …
TikTok parent ByteDance says India’s freeze on bank accounts is harassment
Beijing has repeatedly criticised India over that ban and those of other Chinese apps. An Indian tax intelligence unit in mid-March ordered HSBC and Citibank in Mumbai to freeze bank accounts of …
Ant Listing Pull Sends 76 Chinese Tech IPOs To The Exits
Chinese tech companies reacting to increased regulatory scrutiny tied to the delay of Ant Group’s planned $37B IPO are dropping their own plans to go public.
Shenzhen Airlines traffic and yield decline in 2020
CAPA publishes more than 400 global News Briefs every weekday, covering all aspects of the aviation and travel industry. It’s the most comprehensive source of market intelligence in the world, with …
China’s ‘wolf warrior’ diplomats howl at Xinjiang critics
China’s “wolf warrior” diplomats are back after a brief lull, firing insults over Twitter, smearing critics and suggesting conspiracies. The hyperactivity of the envoys follows renewed global pressure …
Alibaba, Tencent are still China’s ‘benchmark’ techs — even as Beijing ramps up pressure, says investor
In this article Alibaba and Tencent remain China’s top technology stocks — even as Beijing continues to ramp up regulatory pressure on its big internet firms, says Jackson Wong of Amber Hill Capital. …
ByteDance says India’s freeze on bank accounts is harassment
MUMBAI: China’s ByteDance has told an Indian court that a government freeze on its bank accounts in a probe of possible tax evasion amounts to …
China reports biggest daily COVID-19 case jump in over two months
(Reuters) – China reported its biggest daily jump in new COVID-19 cases in more than two months, as a city on the border with Myanmar in southwestern Yunnan province accounted for all new local cases.
John Kerry says Biden’s ambitious climate plan is ‘not a counter to China’
China accounts for around 30% of the world’s CO2 emissions, more than twice that of the U.S., but it’s spending more on clean energy development.
