The pandemic should theoretically be perfect timing for an e-commerce company to go public because homebound shoppers have fueled a record-breaking surge in online sales. ( read original story …)
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China Used ‘Mass Surveillance’ on Thousands of Americans’ Phones, Report Claims
A mobile security expert told The Guardian newspaper that China is exploiting the global telecommunications system to spy on Americans’ phones. ( read original story …)
Airbnb IPO Caps 2020 Comeback Amid Travel Industry’s Reckoning
We don’t know exactly when travel will return,” Chesky admitted. “When travel does return, it will look different.” Seven months later, travel is returning and Airbnb is stronger than ever. Shares of … ( read…
Baidu Ponders Getting Into the EV Business
Chinese search-engine giant Baidu reportedly is pondering making its own electric vehicles, a move that would potentially see it enter Tesla’s and NIO’s turf. ( read original story …)
China Brilliant Global’s Latest Business Updates
China Brilliant Global Limited (China Brilliant Global or Company together with its subsidiaries, the Group; HKEX stock code: 8026.HK) is pleased to announce that its indirect non-wholly owned subsidi … ( read original story …)
China Building 1,200-Mile Southern Great Wall Along Myanmar Border: Reports
Chinese media says the barbed wire fence stops COVID-19 from entering the country, but the lengthy border wall could also prevent dissidents from leaving. ( read original story …)
Analysis-China to crank up anti-trust heat on Big Tech after unprecedented fines
HONG KONG/BEIJING (Reuters) – China’s unprecedented anti-trust squeeze on its technology giants is only just beginning. Having levied fines and announced a probe on Monday into deals backed by the … ( read original story…
Over 570,000 Uighurs Involved In China Cotton Coerced Labour: Report
Hundreds of thousands of ethnic minority labourers in China’s northwestern Xinjiang region are being forced to pick cotton through a coercive state-run scheme, a report has said. The research … ( read original story …)
Indonesia says China’s CATL plans to invest $5 billion in lithium battery plant
China’s Contemporary Amperex Technology (CATL) plans to invest $5 billion in a lithium battery plant in Indonesia, Indonesia’s deputy minister at the coordinating ministry of maritime and investment … ( read original story …)
Musings on China’s ‘Global Initiative on Data Security’ and the problem of security “back doors”
A review of ‘Global Initiative on Data Security’ led me to an exchange with a company doing business in China. With new 5G security issues on the horizon, it’s a good time to reflect on…
China’s blue-chip index firms on upbeat data, cenbank’s liquidity boost
China’s blue-chip index ended higher on Tuesday, boosted by upbeat factory data and a liquidity injection by the country’s central bank. SHANGHAI, Dec 15 (Reuters) – China’s blue-chip index ended … ( read original story…
China’s Tougher Delisting Rules Send Weakest Stocks Plunging
China’s weakest stocks faced another blow after exchange regulators issued tougher rules to weed them out of the market. ( read original story …)
China January-October software revenues at over CNY6,554 billion, says MIIT
China’s software industry consisting of 40,187 companies generated revenues of CNY6,554.162 billion (US$940.69 billion) in January-October 2020, growing 11.7% on year, according to the Ministry of … ( read original story …)
