China’s move to strip away another layer of Hong Kong’s autonomy was not a rash impulse. It was a deliberate act, months in the making. It took into account the risks of international umbrage and…
TECHNOLOGY
China Roundup: A blow to US-listed Chinese firms and TikTok’s new global face
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. It’s been a tumultuous week…
Tesla Asks China To Build Model 3 Cars With LFP Batteries – Report
Tesla Inc. (TSLA) is asking the Chinese government for approval to build model 3 vehicles in the country equipped with lithium iron phosphate (LFP) batteries, Reuters reported.The name of the battery … ( read original…
Top U.S. Officials Threaten Action on China Over Hong Kong Security Law
Secretary of State Mike Pompeo and the White House economic adviser, Kevin Hassett, signaled the Trump administration would punish China. ( read original story …)
A Taiwanese semiconductor titan is at the heart of the US-China tech fight
The world’s largest semiconductor foundry is finding it hard to maintain neutral between the two super powers. ( read original story …)
Will China look to U.N. agencies to restore damaged reputation?
It’s clear that China treats the World Health Organization (WHO) as its own tool for “managing” whatever crisis situation arises. Is the U.N. Educational, Scientific and Cultural Organization (UNESCO) … ( read original story …)
Asia Today: India’s cases surge again, China opens Congress
India is reporting its biggest single-day spike in virus cases ahead of a resumption of domestic flights after a two-month halt … ( read original story …)
U.S.-China tensions could become a bigger headwind for the stock market
Rising tensions between the U.S. and China could become a more persistent headwind for markets, as the the presidential election approaches. ( read original story …)
China defence spending rise at three-decade low, still to grow 6.6%
China’s defence spending this year will rise at the slowest rate in three decades but will still increase by an impressive 6.6% from 2019, as the country grapples with what it sees as growing security…
China’s Got a New Plan to Overtake the U.S. in Tech
Beijing is accelerating its bid for global leadership in key technologies, planning to pump more than a trillion dollars into the economy through the rollout of everything from wireless networks to … ( read original…
China Market Update: Baidu Is Not Delisting, but May Pursue Secondary Hong Kong Listing. China Investors Should Welcome Scrutiny.
Key News Asian equities were mixed as Hong Kong and mainland China gave up small gains following a series of anti-China Tweets by President Trump around 9:30pm EST. ( read original story …)
China Mobile joins China Broadcasting to build 5G network
China Broadcasting NetworkCBN will enter the wireless market by partnering with China Mobile to co-build and share a 5G network under an 11-year agreement. will enter the wireless market by partnering … ( read original…
CNPC experts call for reform of China’s refined oil pricing scheme
Researchers at an energy think tank affiliated with China National Petroleum Corp (CNPC) are calling for the reform of China’s fuel pricing system by removing the floor price or allowing state … ( read original…