Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. It’s been a tumultuous week for Chinese tech firms abroad: Huawei’s mounting pressure from the U.S., a big blow to U.S.-listed Chinese firms, and TikTok’s…
Beijing (AFP) – China said Sunday that relations with the United States were “on the brink of a new Cold War”, fuelled in part by tensions over the coronavirus pandemic, as Muslims around the world celebrated a muted end to the holy month of Ramadan. Foreign Minister Wang Yi said Washington had been infected by…
The Chinese coronavirus has killed more than 342,000 people around the globe, decimated economies and laid waste to the hopes and dream of millions of people, yet the bungled response of World Health Organization (W.H.O.) chief Tedros Adhanom Ghebreyesus to the crisis was warmly applauded Sunday by China’s Communist government. Beijing’s top diplomat Wang Yi said…
Tesla registrations in the high-growth Chinese market are showing signs of weakness. With its Shanghai and Fremont factories back in full swing, Tesla is still on track to meet the 2020 guidance of 500,000 deliveries. Elon Musk might not be bullish on TSLA, but shares could soon rocket to new all-time highs. For all its…
President Donald Trump delivered a blunt ultimatum to the embattled World Health Organization late Monday, warning it will permanently lose U.S. funding unless it commits to “major substantive improvements within the next 30 days.” Trump suspended U.S. funding to the U.N. subsidiary last month, as Breitbart News reported, noting then the W.H.O. played a key role…
As nations big and small around the globe continue to grapple with the Chinese coronavirus, the country that gave the deadly pandemic its name claimed on Friday one month has now passed without a single fatality attributed to the disease. The National Health Commission reported just four new cases of the virus Friday, all local…
China slapped an import ban on four Australian abattoirs Tuesday in an escalation of Beijing’s warning of a consumer boycott in retaliation for Canberra’s push for an independent coronavirus probe. The beef ban comes just days after China flagged plans to slap an 80 percent tariff on Australian barley, bringing the trade to its knees.…
Canadian coffee-and-doughnut chain Tim Hortons has secured a heavyweight partner to further its China expansion. The company announced on its social media account (in Chinese) on Tuesday that it has landed funding from Tencent, the Chinese social networking and gaming giant, without disclosing the size of the proceeds. Tim Hortons did not immediately respond to…
China Central Television (CCTV), the Chinese Communist Party’s main state broadcaster, disparaged Breitbart News this week as a home to “racist speech” and “anti-Muslim” rhetoric, a claim it did not corroborate with any examples. CCTV – a mouthpiece for a regime currently holding as many as two million Muslims in concentration camps and facing outrage…
China should expand its stock of nuclear warheads to 1,000 sooner rather than later, the official newspaper of China’s ruling Communist Party said Friday, adding the latest class of intercontinental missiles capable of striking continental United States should be included in that expansion. The Global Times published the piece making the strategic call. It is backed by…
