China on Sunday ordered app stores to remove Didi, the country’s biggest ride-hailing app, just days after its blockbuster US listing.
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Chinese Nvidia Cloud Partner procured 300 servers with banned AI GPUs worth $92 million — shares of data center supplier Sharetronic plummet following Super Micro smuggling …
KMT chairwoman observes AI development in Beijing, highlighting cross-Strait cooperation
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Didi plunges 30% in premarket trading after China cracks down on ride-hailing app days after $68 billion US IPO
China central bank office closes software maker over cryptocurrency trading
SHANGHAI (Reuters) – A Beijing office of China’s central bank said on Tuesday it had ordered the shutdown of a Beijing-based software maker over its suspected involvement in cryptocurrency trading.
Why China is cracking down in its tech champions
President Xi Jinping’s government is reining in the country’s most powerful corporations and their billionaire founders, including Alibaba Group, Tencent Holdings and Didi Global. But why?
China’s economic growth to cool at end of year, weighed down by slowing export demand as world recovers
Economists from Nomura believe China’s economy will grow by 8.9 per cent this year, with Standard Chartered predicting growth will reach 8 per cent in 2021.
IN FIGURES: China’s billet imports up by 77% in May
China imported 879,965 tonnes of steel billet in May, up by 77% from 497,588 tonnes in May 2020, according to customs data. Indonesia remained the biggest supplier of billet to China in that month at…
How Brands Can Sparkle in China’s $100 Billion Jewelry Market
Global brands have only scratched the surface of China’s vast jewelry market. But can they learn from savvy domestic players and dazzle local audiences?
Covid 19 coronavirus: Australia, China clash over vaccine diplomacy in the Pacific
Australia has denied Chinese Government and media allegations that it is interfering in the rollout of Chinese Covid vaccines in Papua New Guinea. The clash over vaccine diplomacy marks another rift …
China to suspend Air France’s Tianjin flight for two weeks over COVID-19 cases
China’s aviation regulator will suspend Air France’s Tianjin flight for two weeks from July 5, it said on Tuesday, after six COVID-19 infections were found among passengers.
South China’s Shenzhen pioneers in regulation protecting personal big data
Shenzhen in South China’s Guangdong Province is set to implement new regulations aiming to protect personal big data from illegal use by mobile apps starting from January 1, 2022, which was the …
Hong Kong protests: teen who was among 12 fugitives held in Shenzhen pleads guilty to charges stemming from 2019 firebomb attack
A Hong Kong teenager who was one of 12 fugitives intercepted by the Chinese coastguard while attempting to flee to Taiwan last summer has pleaded guilty to charges stemming from a firebomb attack on a…
Beijing’s Probes Into U.S.-Listed Tech Companies Jolt Investors
Data-security reviews into popular mobile apps operated by Didi, Full Truck Alliance and Kanzhun showing the risks of owning shares in fast-growing businesses that have come under Beijing’s microscope …
Ride-hailing app Didi’s saga shows Beijing wants full control
China wants control over the vast amounts of sensitive data that Didi collects from half a billion annual active users.
Any China Invasion of Taiwan Could Spark Japan-U.S. Joint Defense: Deputy PM
During a speech in Tokyo on Monday, Taro Aso suggested that an invasion of Taiwan by China would be an “existential threat” to Japan and its outlying islands.
