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Browsing Tag

China

China Orders Ant Group to Revamp Its Enterprise

Chinese regulators on Sunday ordered financial technology giant Ant Group to fix what they called the litany of business errors and escalated a pressure campaign that has been built since the government abruptly halted the company's plans…

With Cash, and Waste, China Fights for Chip Independence

"There have been some amazing absurdities that defy logic and common sense," said China Economic Weekly.However, progress has also been made. Two companies, Yangtze Memory Technologies and ChangXin Memory Technologies, are preparing to put…

Why China Turned In opposition to Alibaba’s Jack Ma

Mr. Xi made no secret of what his ideal capitalist should be like. Ten days after the Ant initial public offering debacle, he attended a museum exhibition dedicated to Zhang Jian, an industrialist who was active more than a century ago.…

China Opens Antitrust Investigation Into Alibaba

"This is an important step in strengthening anti-monopoly oversight on the Internet," said the article posted on the newspaper's website Thursday morning. "This will have a positive impact on regulating an orderly sector and promoting…

How China Censored Covid-19 – The New York Instances

This article is copublished with ProPublica, the nonprofit investigative newsroom.In the early hours of Feb. 7, China’s powerful internet censors experienced an unfamiliar and deeply unsettling sensation. They felt they were losing…