On Tuesday, shares in Didi crashed 20% after Chinese authorities opened an investigation into the ride-hailing giant that raised $4.4 billion last week in a massive IPO in New York. The botched IPO is …
TECHNOLOGY
Foreign interference in investment
The bans of Chinese companies which is really a form of illegal international sanctions, are an assault on the global rules based order so eagerly touted by the United States and its allies.
Retail Colocation Market – Statistics, Upcoming Trends, Latest Innovations with Technology Growth, and Competitive Landscape in 2027
Analysts of a new research report added to the database of RMoz note that the global Retail Colocation market will expand at a solid CAGR of XX% during the assessment period 2020–2027. Thus, the …
Wall Street ignores China meddling at own peril
Now China is flexing its muscle. Just days after Didi went public on the New York Stock Exchange last week, the Cyberspace Administration of China said it’s investigating the ride-hailing giant’s …
China’s Xi attacks calls for technology blockades
Chinese leader Xi Jinping on Tuesday attacked calls from some in the U.S. and its allies to limit their dependency on Chinese suppliers and block the sharing of technologies. In a speech to …
China Mobile Hong Kong passes 5 million customers milestone
China Mobile Hong Kong (CMHK) has announced it has exceeded 5 million customers on the local market. This includes postpaid, prepaid and MySim customers. CMHK has also launched a 5G tariff plan for …
Analysis: Didi’s Fate and China’s Overseas Share Sale Policies
China’s three major state-owned telecom operators, China Mobile, China Telecom Corp. and China Unicom, were dropped from the New York Stock Exchange after former U.S. President Donald Trump issued a …
Now China buys up our top microchip maker: Britain’s biggest producer is to be sold to Chinese-owned technology firm despite security fears
Nexperia said it had agreed to buy Newport Wafer Fab in a deal reportedly worth around £63million. The facility in South Wales manufactures crucial power components for cars.
China Crackdowns On Major US-Listed Companies
After crackdown on Didi, China announces investigation on three major technology services in an attempt to tighten its national data security.
China extends probe into US-listed tech firms after Didi blow
Beijing on Monday widened its crackdown on its embattled technology sector Monday by announcing probes into two more US-listed Chinese companies, a day after banning ride-hailing giant Didi Chuxing …
China science, technology news summary — July 5
The following is a summary of published science and technology news of China. EXTRAVEHICULAR ACTIVITIES. Chinese astronauts have completed extravehicul …
The Tech Cold War’s ‘Most Complicated Machine’ That’s Out of China’s Reach
A $150 million chip-making tool from a Dutch company has become a lever in the U.S.-Chinese struggle. It also shows how entrenched the global supply chain is.
To compete with Elon Musk’s Starlink, China’s private space ventures must work with their state-owned competitors
When Xie Tao was working at a Chinese state-owned space company in the early 2010s, he had an epiphany: if he did not start his own company soon, he would miss his chance. He and…
ADVERTISEMENT
