As if the existing tech crackdown wasn’t sufficient, China just rolled out new regulations for internet insurance companies.
TECHNOLOGY
China Tells Companies to Follow the ‘Rule of Law’
Political slogans mean a lot more in China than they do elsewhere. For one thing, they have resonance in a country with a rich history of studying philosophical sayings. In a one-party state, they can…
China Mobile Posts 6% Profit Gain on Strong Jump in 5G Users
China Mobile Ltd., the world’s largest wireless carrier by subscribers, reported a 6% rise in profit for the first half of this year, boosted by new 5G users and cost-paring efforts.
China’s beverage industry records solid H1 growth
China beverage industry registered solid growth in revenue and profits in the first half of this year H1 official data showed T …
China should root out online games that distort history – China National Radio
Chinese regulators should strengthen the vetting of online games and have “zero tolerance” toward those that distort history, state broadcaster China National Radio (CNR) said in commentary on its …
TCL Technology Announces Results for First Half of 2021, Net Profit Hits USD1.426 Billion
TCL Technology Group Corporation (“TCL Technology”, Stock Code 000100.SZ), a publicly listed company focusing on the semiconductor display and materials industry, has announced its interim results for …
ARK Invest Sees Opportunity in China’s Push to Digitize Healthcare
Cathie Wood’s ARK Invest sees tremendous opportunity in the digitization of Chinese healthcare and has invested in companies likely to benefit, such as Ping An Healthcare and Technology, Alibaba, and …
China’s crackdown on online fan clubs ‘necessary’ to help trapped teenagers, anthropologist says
China’s online fan club culture is the product of “capital and technology” deployed by internet companies, and Beijing’s crackdown is justified as it is difficult for teenagers to break free from …
Facebook, Amazon seek US approval for undersea cable after China Mobile’s exit
The tech giants hope to begin commercial operation of the data connection between the Philippines and California by late 2022.
Hong Kong stocks drop as China regulatory concerns linger before reports signalling further slowdown in economy
Hong Kong stocks decline amid lingering concerns about regulatory crackdown, while traders await key July data on China’s economic pulse amid a resurgence in delta cases.
MAD Reveals Images for Hainan Science and Technology Museum in Haikou City, in China
MAD Architects has unveiled his design proposal for Hainan Science and Technology Museum Haikou City, Hainan, China.
China’s CATL looks to raise $9 bln to expand lithium-ion battery production
Chinese battery giant CATL (300750.SZ) said it was planning a private share placement to raise up to 58.2 billion yuan ($8.98 billion) to fund six projects aimed at boosting its production capacity of …
After NY exit, China Mobile eyes big U-turn with Shanghai listing
The three big Chinese state-owned telecom companies that delisted in New York this year are turning homeward to raise capital and expand their business as tensions with the U.S. and Beijing’s …
