China has prohibited the use of Apple’s iPhone for officials at work, mirroring the US’ banning of Chinese-owned TikTik on government devices.
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China completely bans use of iPhone for government business
In a move made ostensibly for security reasons, China has mandated that central government office workers not use the iPhone for work, nor bring it into the building at all.
Bank of China Offers Retail Payment Integration for Digital Yuan
this development signifies a significant step towards realising China’s vision for a future powered by digital currency. Shashank is the founder of yMedia. He ventured into crypto in 2013 and is an …
India’s manufacturers cash in as brands seek refuge from US-China tensions
Dixon is among the many Indian firms capitalising on Prime Minister Narendra Modi’s bid to boost manufacturing in the country as global brands look to diversify their suppliers away from China amid …
China Bans iPhone Use for Government Officials at Work
The directive is the latest step in Beijing’s campaign to cut reliance on foreign technology and could hurt Apple’s business in the country.
China is now ordering government officials not to use iPhones for work, amid a Washington and Beijing tech war: WSJ
China has ordered its central government officials not to use … DC did not immediately respond to a request from Insider for comment sent outside regular business hours. Sign up for notifications …
Big Tech Braces for Digital Markets Act Update; Arm Increases IPO to up to $51 a Share
In today’s ExchangeWire news digest: tech firms in the US prepare for EU regulators’ update to the Digital Markets Act; Arm increases its IPO to USD$47 – USD$51 (~£37 – £40) a share; and Baidu…
Commerce Secretary Raimondo: U.S. businesses are ‘desperate for some kind of dialogue’ with China
Commerce Secretary Gina Raimondo discussed the economic relationship between the U.S. and China with CNBC’s Jim Cramer.
China’s Little Genius smartwatch for kids overtakes Apple Watch in home market thanks to features such as remote body temperature alerts
A Chinese smartwatch aimed at children aged from four to 15 has overtaken Apple Watch to become the second top selling brand in China, thanks to features that allow parents to remotely monitor their …
China’s foreign-investment push still boils down to transparency and cumbersome restrictions, business groups say
Foreign investors remain deeply concerned about China’s tightening grip on matters of national security, and they are calling for greater transparency by Beijing to improve the business environment as they await the impact of policy…
China to launch $40b fund to boost chip industry
China is set to launch a new state-backed investment fund that aims to raise about $40 billion for its semiconductor sector, two people familiar with the matter said, as the country ramps up efforts …
80 Chinese crypto influencer accounts shut down in latest crackdown
The platform has been periodically sweeping out crypto accounts ever since China’s cryptocurrency ban took effect in September 2021. In March, Weibo removed 131 accounts linked to crypto and stock …
It Isn’t Just Alibaba. Latest China Data Hit LVMH, Too.
China’s services sector expanded at its slowest pace in eight months. The implications for companies exposed to Chinese consumers aren’t good.