HONG KONG, March 28 (Reuters) – China has urged Apple (AAPL.O) to strengthen its data security and personal privacy protection, the country’s state planner said in a statement on Tuesday. Chairman of …
Monthly Archives For March 2023
Column: China’s 2023 crude oil imports set for 6.2% rise, but risks prevail
China’s crude oil imports will average 10.8 million barrels per day (bpd) in 2023, matching the previous record high from 2020, according to the think tank of the country’s leading energy group.
Boss of failed crypto firm accused of China bribe
Fried, head of failed crypto firm FTX, has been accused of bribing at least one Chinese official. In new charges unveiled in the US, officials accuse the entrepreneur of authorising a bribe of “at …
FTX founder Bankman-Fried charged with paying $40 million bribe to China
On Tuesday, Bankman-Fried is accused in new indictment of paying $40 million bribe to unlock frozen crypto in China. (AP Photo/John Minchillo, File) NEW YORK — FTX founder Sam Bankman-Fried was …
China tech giant Alibaba to split into six companies, pursue IPOs
Both Alibaba’s announcement and Ma’s return came as Beijing attempts to reignite confidence in China’s approach to business. The country’s economy has suffered in the wake of a significant regulatory …
Smuggler tries to sneak 239 CPUs past Chinese customs by strapping them to his body
Facepalm: One might imagine that with so many individuals caught smuggling hardware into China, people would decide it just wasn’t worth the risk. But no. Not only has another person tried to avoid …
China spent $240 billion bailing out ‘Belt and Road’ countries – study
China has lent hundreds of billions of dollars to build infrastructure in developing countries, but lending has tailed off since 2016 as many projects have failed to pay the expected financial …
Alibaba stock jumps 10% as the Chinese tech giant begins its biggest reorganization ever and eyes new IPOs
The news comes just a day after cofounder Jack Ma was seen in China for the first time in nearly a year after Beijing’s crackdown on top tech firms. Alibaba plans to divide its business…
Jack Ma’s Alibaba empire to be broken up after Beijing crackdown
China’s regulatory crackdown has weighed on Alibaba’s share price, which has fallen around 70pc since November 2020, when Mr Ma attracted the ire of Beijing officials … and potentially to seek its …
Alibaba to split into 6 groups, separate IPOs expected
Alibaba founder Jack Ma has kept a low profile since late 2020, when a speech he made attacking Chinese regulators was followed by Beijing pulling the plug on Alibaba affiliate Ant Group’s planned IPO …
Alibaba, China’s E-Commerce Giant, Will Split Into Six Units
Anyone can read what you share. By Daisuke Wakabayashi China’s Alibaba Group said on Tuesday that it would become a holding company with six different business groups, in a major reshuffle of the …
China ambassador arrives in North Korea as sign of reopening
Tuesday, March 28, 2023 9:31 a.m. | Tuesday, March 28, 2023 9:31 a.m. BEIJING — China said Tuesday its new ambassador to North Korea has taken up his post, in a sign the North is…
Rep. Eli Crane calls World Health Organization ‘corrupt pawn’ of China
Crane called the agency, which is part of the United Nations, a “corrupt pawn of Communist China.” “How many of you guys liked … The three representatives have focused much of their attention on …
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