Governments around the world are grappling with the overreaching power of Big Tech. Recent events indicate Beijing will take on its technology giants as well. ( read original story …)
NEWS
China’s recipe for rescuing retail: virtual pets, walnuts — and Katy Perry
Consumers hit websites in droves for the country’s annual shopping frenzy, though some say they are more frugal this year. ( read original story …)
China’s tech shares slide as Beijing unveils antitrust crackdown – business live
Shares in China’s technology industry have taken a tumble after Beijing’s market regulator took its first major step towards tackling the monopolistic power of its tech giants. The State … ( read original story …)
Four Hong Kong lawmakers unseated as Beijing moves to silence opposition
Four pro-democracy Hong Kong lawmakers were stripped of their seats on Wednesday after Beijing passed a resolution giving local authorities broad new powers to quash dissent, in a move that could … ( read original…
Beijing Ousts Four Opposition Lawmakers in Hong Kong
Four pro-democracy Hong Kong lawmakers were stripped of their seats after Beijing empowered local officials to unseat dissenting politicians without going through the courts. ( read original story …)
Four Hong Kong lawmakers unseated as China moves to silence opposition
Four Hong Kong lawmakers were stripped of their seats on Wednesday after China passed a resolution giving local authorities broad new powers to quash dissent, in a move that could signal the end of ……
China breaks national record for Mariana Trench manned-dive amid race for deep sea resources
China has broken its own record for deepest manned dive into the world’s oceans, sinking an estimated 10,909 meters (35,790 feet) into the Mariana Trench, state-run news agency Xinhua said. ( read original story …)
Beijing passes resolution to make ‘patriotism’ mandatory for Hong Kong lawmakers
China’s top legislative body passed a resolution on Wednesday to make patriotism a legal requirement for Hong Kong lawmakers, according to multiple reports. ( read original story …)
China ousts pro-democracy Hong Kong lawmakers in new crackdown
One of the sanctioned opposition LegCo members warned the move signalled the end of ‘one country, two systems’ … ( read original story …)
Exclusive: Huawei to sell phone unit for $15 billion to Shenzhen government, Digital China, others – sources
Huawei plans to sell budget-brand smartphone unit Honor in a 100 billion yuan ($15.2 billion) deal to a consortium led by handset distributor Digital China and the government of its home town of … (…
Hong Kong disqualifies pro-democracy lawmakers as China quashes opposition
For the first time since Britain returned the city to Chinese sovereignty in 1997, there is likely to be no political opposition in the legislature. ( read original story …)
Bridgewater’s Dalio supports Ant IPO suspension, bullish on China
Ray Dalio, founder of Bridgewater Associates, expressed support on Wednesday for China’s abrupt decision to suspend Ant Group’s record $37 billion listing, citing the need to curb risks from financial … ( read original story…
Alibaba records billions in sales as China’s first post-virus Singles’ Day kicks off
Chinese e-commerce giant Alibaba Group Holding Ltd said orders made during its Singles’ Day mega-shopping festival had exceeded $56 billion by Wednesday morning, as consumers sought to cash in on a … ( read original…
