Alongside more coercive measures, China’s government also uses financial incentives to ensure that private firms prioritize China’s technological goals, including in AI.
Monthly Archives For June 2021
INSIGHTS | Making sense of China’s big tech crackdown
China’s ongoing big tech crackdown is broader than anti-monopoly, fintech, or Jack Ma. I guess you’d call it a zeitgeist.
China’s economy grew by 189 times in 70 years: CPC official
China’s economy has grown by 189 times over the past 70 years since the founding of the People’s Republic of China (PRC), a Chinese official said Monday at a press conference in honor of the…
CapitaLand to divest partial stakes in six Raffles City properties in China for $9.6 billion
CapitaLand expects to gain net proceeds of more than $2 billion from the transaction with Ping An Life Insurance Company of China.. Read more at straitstimes.com.
Chinese export insurer chose DIFC for first office in Middle East
China Export and Credit Insurance Corp (SINOSURE) has chosen Dubai International Financial Centre (DIFC) as the location for its first office in the Middle East, the Dubai Media Office said on Monday.
In backlash against foreign brands, Chinese consumers pick local
Nationalism is pushing sales of local brands, including pride in China’s recovery from COVID as other nations struggle.
Didi’s $4 billion IPO order books to close Monday – sources
China’s biggest ride-sharing firm Didi Global Inc will close the investor order books for its U.S. initial public offering (IPO) to raise up to $4 billion one day early on Monday, two people with …
Singapore’s CapitaLand To Sell Stakes In Six Shopping Malls Across China For $7.2 Billion To Ping An
CapitaLand agreed to sell part of its stakes in a portfolio of six shopping malls across China to Ping An Life Insurance for 46.7 billion yuan ($7.2 billion) as the Singapore-based real estate …
Doctors Vaccinated With China’s SinoVac Die Of COVID-19 In Indonesia
More than a dozen doctors in Indonesia have died of COVID-19 even after receiving shots of China’s SinoVac vaccine, a medical association said. Dr. Adib Khumaidi, who leads the …
Asian shares strike cautious tone as COVID-19 cases spike
Asian shares started the week in a cautious mood on Monday, as a spike in coronavirus cases across the region over the weekend hurt investor sentiment while oil hovered around 2-1/2 year highs. MSCI’s …
China’s cyber power ‘exaggerated,’ at least decade behind US, new study says
The International Institute for Strategic Studies, a think tank, published a new study on Monday that ranked the U.S. as the world’s only “top tier” cyber power and said China is firmly within the …
Over 1.14 bln doses of COVID-19 vaccines administered in China
Over 1.14 bln doses of COVID-19 vaccines administered in China. People’s Daily Online (Xinhua) 09:43, June 27, 2021. BEIJING, June 26 (Xinhua) — More than 1.14 billion doses of C …
Crossing the Red Line: Behind China’s Takeover of Hong Kong
One year ago, the city’s freedoms were curtailed with breathtaking speed. But the clampdown was years in the making, and many signals were missed.
