Under the new rules, personal information that the big data dealers collect has to go through two licensed personal credit reporting companies before being channeled to lenders.
Caixin

How China's personal credit reporting rules upended industry

Duopoly could create bottlenecks, delaying loans, industry insiders say

16 February 2023
ChatGPT has set the tech world buzzing with its ability to generate content from simple user prompts. Now China Inc. is racing to catch up. (Source photos by Reuters and AP)
Technology

ChatGPT rush kicks U.S.-China AI race into higher gear

Hype or not, chips could be real issue for Chinese companies' AI competition

15 February 2023
Yangtze Memory Technologies Corp. (YMTC) has faced delays over constructing a second plant in Hubei province, China. (Photo by Shunsuke Tabeta)
Semiconductors

U.S. sanctions derail China chipmakers' expansion plans

Yangtze Memory and ChangXin forced to delay new factories and lay off staff

15 February 2023
China's Alibaba Group Holding has unloaded its remaining stake in Indian digital payment platform Paytm.
China tech

Alibaba exits India's Paytm app with $166m sale

China tech company completes serial offloading of shares in payment platform

14 February 2023
A screen displays information about the Hang Seng stock index outside Hong Kong Exchanges.
Markets

Futu users in Hong Kong gain access to U.S. stock trading

Fast-growing digital brokerage partners with American after-hours trading service

13 February 2023
One of the fiercest battlegrounds in the U.S.-China tech rivalry is over AI-related technology. (Source photo by AP) 
China tech

Alibaba, Tencent and Baidu join the ChatGPT rush

China authorities say be wary of hype as companies chase AI opportunities

10 February 2023
Chinese online fashion brand Shein has opened pop-up stores around the world while Pinduoduo's Temu entered the U.S. market last year. (Source photos by AP and screenshot from App Store) 
China tech

Chinese online retailers' competition heats up in U.S. and Europe

Alibaba, Pinduoduo and ByteDance seek new overseas markets as growth slows at home

9 February 2023
People stand in front of an Alibaba sign during the World Artificial Intelligence Conference in Shanghai during September.
Technology

Alibaba touts testing ChatGPT-style tool as AI buzz grows

Popular Microsoft-backed chatbot sparks race for rival offerings

8 February 2023
Keenon Robotics server robot delivers food on trays at a restaurant in Shanghai.
China tech

Chinese unicorn aims to sell half of robot waiters outside mainland

Keenon Robotics ramps up global expansion after zero-COVID lean years

8 February 2023
Yangtze Memory Technologies has more than 10,000 employees globally.
Caixin

Yangtze Memory kicks terminated workers out of apartments

Chinese state-owned chipmaker also slashing payrolls 5% to 10%

6 February 2023
American investors funneled over $40 billion into Chinese AI companies between 2015 and 2021. (CFOTO/Future Publishing via Getty Images)
China tech

China AI startups draw early funding from U.S. investors: report

VC money brings name recognition and networking, but security concerns abound

3 February 2023
Sen. Michael Bennet, a Democrat from Colorado, wants Apple and Google to remove TikTok from their app stores.
US-China tensions

U.S. Senate Democrat joins push to bar TikTok as security threat

Bennet urges Apple, Google to remove China-owned video service from app stores

2 February 2023
The news comes as the House Foreign Affairs Committee plans to hold a vote in February on legislation to block the use of TikTok in the U.S. over national security concerns.
US-China tensions

TikTok CEO to testify before U.S. Congress over security concerns

Shou Zi Chew will appear before Energy and Commerce Committee in March

31 January 2023
China's level of self-sufficiency in making semiconductors hovers in the 20% range.
Semiconductors

China's chip self-sufficiency drive in need of factory investment

Instead venture capital goes to fabless chip design startups in 64% of cases

25 January 2023
Alibaba Group's logo at the company's headquarters in Hangzhou: The company's time in the authorities' doghouse had ended.
Opinion

The good old days will not be back for China's internet companies

Crackdown's end still leaves regulators with enhanced powers

24 January 2023
Companies like Pony.ai are struggling to make self-driving taxis profitable. (Photo by Takashi Kawakami)
Automobiles

China's self-driving car push hits legal and cost roadblocks

WeRide and Pony.ai turn to selling systems for short-term profits

19 January 2023
China is launching a state-owned ride-hailing platform to deal with the "disorderly expansion" in the sector, according to Beijing Daily, the official paper of the Chinese Communist Party. 
China tech

China to launch state-owned ride-hailing platform

Move is response to 'disorderly expansion and data security problems' in sector

18 January 2023
Tencent founder and CEO Pony Ma told employees in December that the company had been stepping up its investigations into internal corruption. 
China tech

Tencent tackles 'astonishing' internal corruption as growth slows

Baidu and other tech players also take closer look at employee behavior

17 January 2023
Didi Global is once again allowed to register new users for its ride-hailing app after an 18-month freeze. (Source photos by Reuters) 
China tech

China ride-hailer Didi says it can register new users again

Announcement signals 18-month crackdown on tech giant may be easing

16 January 2023
Tencent's logo at the World Artificial Intelligence Conference in Shanghai, China, in September 2022.
China tech

China trounces U.S. in AI research output and quality

Tencent, Alibaba and Huawei among the top 10 companies

16 January 2023
Speakers from Huawei Technologies attend a November launch event for its first data center in Indonesia. (Screenshot from video posted by Huawei on social media)
China tech

Alibaba, Huawei race to gain edge in Southeast Asia's cloud market

Chinese tech firms build out network of data centers, tapping into booming sector

15 January 2023
Thai baht notes at a bank in Bangkok. The Bank of Thailand will hold the Monetary Policy Committee this week.
Economy

China returns as Thailand's top investor through electronics, EVs

Thai investment authority approves $118m BYD battery plant

14 January 2023
Commuters in Shanghai examine their smartphones. While Beijing has taken a softer tone after two years of crackdowns on the tech sector, experts say it is simply prioritizing the struggling economy.
China tech

Just how over is China's tech crackdown? It depends who you ask

Optimistic investors push up share prices, but analysts say Beijing's grip not easing

13 January 2023
French data protection watchdog CNIL said its investigation concerned only the website tiktok.com and not the service's much more heavily used smartphone applications.
China tech

France fines TikTok $5.4m for online tracking shortcomings

ByteDance-owned company says it has now addressed handling of cookies

13 January 2023
Jack Ma has given up control of fintech giant Ant Group, potentially smoothing its path to an eventual listing. (Source photos by AP and Getty Images) 
China tech

What awaits Ant Group now that Jack Ma has relinquished control?

Analysts say founder's imprint on the company may linger despite new structure

12 January 2023