China has launched an antitrust investigation into the Alibaba Group and will summon the tech giant’s Ant Group affiliate to meet in the coming days, regulators said Thursday, … ( read original story …)
BUSINESS
China Will Continue to Pose Risks for Investors. Here’s What to Expect in 2021.
China risks are on multiple fronts—from the technology rivalry with the U.S. to more regulatory scrutiny inside China of internet giants. ( read original story …)
Brands can take steps to stamp out China’s ‘slave’ cotton
Last week, the BBC documented the forced labour of Uyghur people in the cotton industry of the Xinjiang region of west China, where many are being moved … ( read original story …)
Chinese brands to launch new 5G phones to compete with iPhone 12
China’s handset vendors reportedly are ready launch an array of 5G high-end and budget phones starting January, seeking to recover lost ground from Apple’s iPhone 12 lineup, according to industry … ( read original story…
China remains most important pillar of global car industry: report
The Chinese market once again proved to be the “most important pillar” of the global automotive industry and of German manufacturers in particular, according to a report published by global consulting … ( read original…
The Crypto Bubble And Inflation
Crypto-ATM machines started to appear … Some types of cryptocurrency trading are banned in China, which accounted for as much as 90% of overall trading up until the beginning of 2017.1 … ( read original…
China Begins Anti-monopoly Probe Into Tech Giant Alibaba
China has launched an anti-monopoly investigation into Alibaba, regulators said Thursday, sending the share price of the e-commerce giant tumbling and intensifying the troubles of its billionaire … ( read original story …)
China reportedly demanded that big Chinese tech companies like Alibaba process stolen US data for the nation’s top spies upon request
Foreign Policy spoke to 36 US officials, who said China forcing its firms to process stolen data represents the “commercial wing of the party.” … ( read original story …)
China Begins Anti-monopoly Investigation Into Alibaba
China has launched an anti-monopoly investigation into Alibaba, regulators said Thursday, heaping further pressure on the e-commerce giant and sending its share price tumbling. Regulators will also … ( read original story …)
Bit Digital: Crypto Miner Benefiting From The Bitcoin Bull Market
Summary Bit Digital has quickly transformed into a major player among crypto mining stocks … mining machines across facilities in China and the U.S. If you’re not familiar with BTBT, this … ( read original…
China Is on Track to Become the World’s Biggest Luxury Market By 2025
China’s role in the global luxury sector just got a whole lot bigger. As the Covid pandemic continues to cause economic strife around the world, China’s severe lockdown and rapid turnaround have … ( read…
Comment: Brands can take steps to stamp out China’s ‘slave’ cotton
Last week, the BBC documented the forced labour of Uyghur people in the cotton industry of the Xinjiang region of west China, where many are being moved … ( read original story …)
China reportedly demanded that big Chinese tech companies like Alibaba and Tencent process stolen US data for the nation’s top spies
Foreign Policy spoke to 36 US officials, who said China forcing its firms to process stolen data represents the “commercial wing of the party.” … ( read original story …)
