CNBC’s Eunice Yoon breaks down a report from the Wall Street Journal about Bytedance shelving its IPO plans due to Beijing’s national security concerns.
Tagged By beijing
China launches coronavirus crisis reserve with South Asian nations
Apart from China, the partners in the project are Afghanistan, Bangladesh, Nepal, Pakistan, and Sri Lanka – all of which are belt and road partners. India is not taking part, with tensions continuing …
China registers 27 new coronavirus infections
China registered on Monday 27 new confirmed coronavirus cases in the mainland for July 11, up from 24 a day earlie …
US warns China after Beijing boasts of ‘driving away’ its warship in South China Sea
The United States has warned that it will defend the Philippines against any attack by China, as Beijing boasted that it had chased away a US warship from islands that it claims in the South…
Didi won’t be last IPO to pursue New York listing, but China’s cybersecurity review closes loopholes
In the field of data security, China is learning from Washington and responding. China’s threshold for reviewing any tech IPO with data from over one million, for example, is a direct copy from the …
‘Copycats no more,’ China accelerates development in hi-tech: report ‘Copycats no more,’ China accelerates development in hi-tech: report
China has in recent years enhanced investment in research and development (R&D), shedding its reputation as a hub for “copycat manufacturing” and making it an attractive location for tech startups …
China locks down city near Myanmar as coronavirus infections swell
Mass testing in a Chinese city bordering Myanmar has found nine more Covid-19 cases, bringing the total to 59 in a week-old outbreak involving the delta variant …
Japan and China’s Shenzhen stocks jump more than 2% as Asia-Pacific markets rise
South Korea’s Kospi closed 0.89% higher at 3,246.47. Mainland Chinese stocks also closed higher, with the Shanghai composite up 0.67% to 3,547.84 while the Shenzhen component climbed 2.137% to …
China says it ‘drove away’ U.S. warship in South China Sea
The Permanent Court of Arbitration in the Hague has ruled that China had no historic title over the body of water, a ruling that Beijing says it will ignore.
Hyperdrive Daily: China’s Youth Will Drive EV Design of Tomorrow
Welcome to the Hyperdrive daily briefing, decoding the revolution reshaping the auto world, from EVs to self-driving cars and beyond.
Blockchain key to cross-border small business: AntChain executive
AntChain’s solutions are already seeing wide global adoption, from cross-border trade, to artwork and food authentication, to the sporting world.
Why Western Luxury Brands Must Catch Up to the New China Playbook
Western luxury brands have increased their China presence, but there will be more catching up for them to do once Chinese Gen-Z consumers fully emerge.
TikTok owner ByteDance shelved IPO plans after warning from China
ByteDance Ltd., the Chinese owner of popular short-video app TikTok, put on hold indefinitely its intentions to list offshore earlier this year …
