China tech

Chinese and American flags fly over signs of Alibaba Group Holding on the facade of the New York Stock Exchange before the company's record-breaking initial public offering in September 2014.
US-China tensions

Didi IPO fallout reminds Wall Street of China policy risk

Investors start to feel the burn of 'capitalism with Chinese characteristics'

14 July 2021
Alibaba co-founder Joe Tsai intends to give "Greater Bay Area ... innovators and entrepreneurs a bigger platform for growth."
Startups

Alibaba to back $257m 'Greater Bay' venture fund

Investments aimed at boosting entrepreneurship in South China megalopolis

13 July 2021
The U.S. Justice Department said on Monday that the government's legal challenges were now moot.
US-China tensions

US asks courts to dismiss government appeals of TikTok ruling

Move follows Biden's withdrawal of Trump executive orders to ban Chinese apps

13 July 2021
Huya controls over 40% of China's game-streaming market while DouYu's share tops 30%. (Photo by Yusuke Hinata)
China tech

Beijing slams door on Tencent's gaming empire

Rejection of Douyu-Huya merger is a potential windfall for rival ByteDance

13 July 2021
American singer Tinashe featured in an online music festival in May sponsored by Chinese online clothing retailer Shein. 
Business Insight

China's Shein has taken the womenswear world by storm. Now what?

Speed, innovative marketing and smart technology not enough to scare Amazon.com

12 July 2021
The Cyberspace Administration of China has begun a revision of its network safety review measures, including a proposal that companies holding the personal information of over 1 million individuals must undergo a security review when listing overseas.
China tech

China to require review of overseas IPOs by companies with data on 1m users

Move is part of Cyberspace Administration's revision of network safety measures

10 July 2021
People stop by the booth of Tsinghua Unigroup at a semiconductor expo in Shanghai in October 2020. 
Semiconductors

China chip giant Tsinghua Unigroup says creditor seeks bankruptcy

Move comes after state-backed group misses string of bond payment deadlines

10 July 2021
The logo of Didi ride-hailing app on a smartphone, pictured in Nanchang on July 4: the huge impact Didi has had on the Chinese society also comes with huge regulatory risk.
Opinion

Didi's failure to listen forces rewrite of Chinese tech listing rules

Big data can be a valuable asset, as well as a liability

9 July 2021
A staff member at the World Artificial Intelligence Conference in Shanghai in 2020: the annual event usually highlights the latest technological breakthroughs.
China tech

Under pressure, Baidu and Tencent tout contributions to China

Jack Ma and Didi CEO Cheng Wei absent from this year's AI expo in Shanghai

9 July 2021
LinkDoc Technology offers medical data-related services to health care providers. 
IPO

Alibaba-backed LinkDoc suspends US IPO as Didi fallout spreads

Medical data group worried by market volatility and fear of regulatory blowback

8 July 2021
Analysts believe the timing of the CAC's inquiry on the heels of Didi's IPO is no coincidence. (Nikkei montage/Reuters)
China tech

The China tech regulator taking on Didi: Five things to know

Cyberspace Administration stakes out key role as data emerges as flashpoint

7 July 2021
A student works in a microchip lab at China's Nanjing IC Training Base, which strives to match students to potential employers upon graduation. (Photo courtesy of Nanjing IC Training Base)
Semiconductors

China chip school teaches ways of Huawei and talent-hungry peers

Government aims to train engineers needed to ease shortage and counter US

7 July 2021
Shares in ride-hailing company Didi Global are under pressure after curbs announced by Chinese regulators.
China tech

Didi shares crash nearly 20%, erasing $14bn in value

US IPO peers Kanzhun and Full Truck Alliance also skid on China crackdown

7 July 2021
Didi shares slumped as much as 25% in U.S. pre-market trade ahead of their first session since the Cyberspace Administration of China ordered the company's app be removed from app stores.
China tech

China to put overseas-listed tech companies on shorter leash

Tougher oversight poses market decoupling risk for IPO hopefuls

7 July 2021
Shares of Suning.com jumped by the maximum 10% on July 6, as trading resumed after a three-week halt. (Source photos by AP and Reuters) 
China debt crunch

China's Suning.com gets bailout from local governments and Alibaba

Suppliers join in rescue of debt-strapped retailer of appliances and electronics

6 July 2021
Didi has been told to remove its app from Chinese app stores.
China tech

China extends probes of US-listed tech groups after curbs on Didi

Shares in investor SoftBank hit by action against ride-hailing app days after IPO

5 July 2021
Chinese ride-hailing leader Didi Chuxing tried to maintain a low profile after making its New York Stock Exchange debut on June 30.
Companies

Chinese ride-hailer Didi says no data has leaked in US

Cyberspace Administration of China sparks hubbub days after company's big IPO

3 July 2021
The line between short- and long-format video is blurring, with YouTube and Instagram launching their own TikTok-like features and TikTok allowing longer video uploads. (Photo by Ken Kobayashi)
China tech

TikTok ups video limit to 3 minutes as competition heats up

Move toward longer format comes as YouTube and Instagram go shorter

2 July 2021
Huawei is on a hiring blitz in Munich, where it is after chip engineers; Istanbul, where it is going after software developers; as well as in Canada, Finland, Sweden and Russia, where it is on the lookout for AI researchers. (Source photos by Reuters) 
Business Spotlight

Huawei enlists army of European talent for 'battle' with US

Chinese tech giant is ramping up global hiring and local chip investments

2 July 2021
The market caps of COSCO Shipping Holdings and Asian steelmakers took noticeable leaps in the first half of 2021. (Source photos by AP and Reuters)
Markets

Indian steelmakers and China's COSCO Shipping lead stocks rally

Alibaba and Pinduoduo slip as Asian stocks underperform global peers in first half

1 July 2021
A new study published by the IISS said that China is on a trajectory to reach parity with the U.S. as a “tier one” cyber power in about a decade. 
Comment

China to rival US as cyber superpower

Can Washington and Tokyo counter Beijing's rapid rise?

1 July 2021
Chinese ride-hailing leader Didi Chuxing makes its New York Stock Exchange debut on June 30.
China tech

Didi ekes out 1% gain after New York IPO pop fizzles

SoftBank-backed Chinese ride-hailer faces profit uncertainty in global competition

1 July 2021
Icons of WeChat and TikTok: the fate of the two Chinese apps still looks far from certain.
Opinion

Biden masks the tech clobbering coming China's way

Lifting bans on TikTok and WeChat is no sure sign of a softer approach

30 June 2021
Loongson is one of China's few CPU designers with independent know-how in a market dominated by Intel and AMD.
Caixin

Chinese CPU designer Loongson looks for $500m in STAR IPO

Proceeds to go to R&D as government relies on company for tech self-reliance

30 June 2021
An Envision AESC vehicle battery pack on display in Shanghai in 2019. The company has now struck a deal with Renault to grow in Europe.
Electric cars in China

Chinese EV battery maker Envision to build $2.4bn plant for Renault

Green tech group signs deal with Nissan's French partner and seeks growth in Europe

28 June 2021