China’s Kuaishou Technology raised $5.4 billion from its IPO, the top of the range, with offers from retail investors reaching a mammoth $162 billion, nearly half of it backed by margin loans, three … (…
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Foreign dependence is the Achilles’ heel in China’s giant tech sector
Foreign dependence is the Achilles’ heel in China’s giant tech sector Nina Xiang is the founder of China Money Network, a media platform … ( read original story …)
As China looks to buy telecoms assets in the Pacific islands, can Australia jam the call?
Analysts say state-owned China Mobile’s purchase of Digicel will allow Beijing to spy on Australia’s neighbours, with Canberra now apparently willing to finance a potential buyer to fend off China’s … ( read original story…
South Korea, US set to move closer under Joe Biden, but China has concerns
Joint military exercises to resume and Biden vows to drop US threat to withdraw troops from Korean peninsula, but Seoul also has an economic reliance on China. ( read original story …)
India to approve Crypto currencies like Bitcoin. Bill placed in Parliament for approval
India is going to legalise the crypto-currencies and it is expected that that Government of India (GoI) is going to come out with its own digital currency. The Union Finance Ministry is placing a bill…
U.S.-China tech rivalry underscores world’s dependence on Taiwan semiconductor industry
Taiwan’s role in the semiconductor economy has been mostly taken for granted until the U.S. auto industry recently suffered shortfalls in chips used for everything from parking sensors to reducing … ( read original story…
Inside China Tech: Kuaishou’s imminent IPO, US-China tech war heats up, and the downside to tech dependence
Tech war heats up A group led by former Google CEO Eric Schmidt says Washington needs to manage “asymmetric competition” with China when it comes to technology and that a certain degree of … (…
China’s Virus Vigilance Trashes Travel Plans For Millions
The travel plans of millions were thrown into disarray Thursday by cancelled trains, flights and Chinese government ‘advice’ to stay at home ahead of the Lunar New Year, a sign of China’s … ( read…
Bitcoin warning: China ‘can breach cryptocurrency’s security and destroy it’
According to the South China Morning Post, a quantum researcher argued that the … “Some investments advertising high returns from crypto assets may not be subject to regulation beyond anti-money … ( read original story…
An Expected Change in China’s Animal-Testing Policy Whips Up Excitement
The bank expects China’s domestic cosmetics spending will grow at a 12 percent compound annual growth rate between 2019 and 2025, to more than 1 trillion yuan. Big beauty players are lauding the … (…
Government proposes bill to develop a digital Rupee while banning crypto-currencies
The Indian government will introduce a new bill to ban trading and investments in crypto-currencies during the Budget session of Parliament. At the same time, the proposed bill will provide the Reserv … ( read…
Beijing must recognise its own mistakes in US-China relations
While Biden ponders what went wrong from Washington’s end, Beijing should remember: it takes two to tango Even if Hong Kong, Taiwan, South China Sea are off limits, Beijing should forget the hubris, … (…
US-China relations: common interests outweigh differences, Wang Qishan says
Upholding the spirit of non-conflict and non-confrontation … key to promoting the healthy and stable development of Sino-US relations,’ Chinese vice-president says. ( read original story …)
