The bitcoin price slid below the $11,000 mark for the first time in more than a week on Tuesday, as…
Category: China
The Chinese Communist Party (CCP) has allegedly torn down around 16,000 mosques in China’s northwestern region of Xinjiang, an Australian think tank said in a report published on Thursday. In 2017, the CCP cracked down on Xinjiang’s native ethnic Uyghurs, long oppressed in the region by the ruling ethnic Han Chinese. The Communist Party began…
The controversial push to force Chinese tech unicorn ByteDance to divest part or all of its smash-hit TikTok social media service to a U.S.-based company could be in doubt after a report today indicated that China’s government may oppose the transaction. According to reporting by Reuters, the Chinese government may prefer TikTok to simply shutter…
As tensions between the U.S. and China heighten over data security issues, Beijing took a proactive step to unveil a “data security initiative” that it believes can serve as “a global standard for data security.” The Chinese State Councilor and Foreign Minister Wang Yi, appearing in a video during a closed-door meeting in Beijing on…
China’s enthusiasm for teaching children to code is facing a new roadblock as organizations and students lose an essential tool: the Scratch programming language developed by the Lifelong Kindergarten Group at the MIT Media Lab. China-based internet users can no longer access Scratch’s website. Greatfire.org, an organization that monitors internet censorship in China, shows that…
The technological decoupling between the U.S. and China has been a boon to Chinese firms from chipmakers for smartphones and electric vehicles through to software that are the backbones of millions of businesses’ daily operations. Chinese companies might have established a firm grip on internet services for consumers, but many fundamental technologies undergirding hardware and…
Dow futures suffered a triple-digit setback on Thursday. U.S.-China trade talks have taken a back seat in recent months, but they could be a source of fireworks ahead of the election. There’s speculation Trump administration China hawks could scheme to damage relations permanently – in case Joe Biden wins the election. The Dow Jones Industrial…
Monday on CNBC’s “Squawk Box,” White House trade and manufacturing adviser Peter Navarro shared the belief held among those in the Trump administration that China is “biding their time” in trade negotiations and “waiting for the election hoping Joe Biden will get elected.” In the interview, Navarro warned that the Chinese Communist Party is “waging…
Investors are betting on the automation of human resources management in China. We reported last year that Moka, one of the key players in the space, secured roughly $27 million for its Series B led by Hillhouse Capital. This week, the startup announced closing a Series B+ at over 100 million yuan ($14.4 million), lifting…