Huawei established a new cloud computing company in South China’s Shenzhen on Friday, the same day that Huawei’s CFO Meng Wanzhou reached a landmark deal with the US Justice Department that allowed …
Monthly Archives For September 2021
Elon Musk praises China, says Tesla will continue to expand investments there
It’s the second time this month Musk was highly complimentary of the nation that’s imperative to his electric vehicle company, saying it’s a “global leader digitalization.” …
China’s latest crypto crackdown is its toughest yet
In China, the crypto market has been under constant threat, but it’s never fully been shut down. That may be about to change. China’s regulators clarified on Friday (Sept. 24) that cryptocurrency …
China steps up funding oversight of Evergrande property projects: Report
BEIJING: Several local governments in China have set up special custodian accounts for property projects of its most indebted developer, Evergrande, to protect funds earmarked for housing projects …
China’s crypto crackdown shows a global shift in power
China’s multiyear crackdown on the crypto industry may have reached its apex on Friday, cementing a shift in the balance of power away from one of the countries that first embraced the digital …
STARTUP DIGEST: Freshworks lists on Nasdaq, OYO IPO to have $300-mn secondary component, China bans crypto
There were several important developments in the startup space during the day on Sunday. Here’s a wrap of top headlines from the startup space this week.
How China’s crackdown could benefit Indian tech
Beijing’s recent regulatory actions have spooked many tech investors. Will China’s loss be India’s gain?.India in July surpassed China in monthly venture capital deals for the first time since 2013, …
Coronavirus Hong Kong: ‘Macau model’ raised at Shenzhen talks on border reopening; city confirms 8 new cases
Experts and officials from Hong Kong and mainland China on Sunday wrapped up their first meeting exploring a “orderly” reopening of the border, with the option of emulating Macau’s earlier gradual …
China eyes its Gobi desert for uranium alternative thorium to use in nuke reactors: Report
China may soon test a new inexpensive nuclear energy that will not need water to cool nuclear fuel rods nor uranium on the edge of its Gobi Desert at a place called Wuwei, a media…
Elon Musk says Tesla is glad to see new data-security laws after several Beijing-led regulatory crackdowns on big tech
Elon Musk’s collaborative tone about data security came despite China’s richest tech titans being hurt by Beijing’s regulatory crackdown.
China roundup: Meng Wanzhou’s release and Huawei’s future
Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. On Friday, Huawei’s chief …
How China Plans to Avert an Evergrande Financial Crisis
Control of the banking system gives Beijing the tools to stop a broader collapse, officials believe, while censorship and police powers can stifle protests.
Government’s ‘eyes are wide open’ on China: Garneau
Foreign Affairs Minister Marc Garneau says the Canadian government’s “eyes are wide open” when it comes to normalizing relations with China after the return of Michael Kovrig and Michael Spavor.
