Links for Thursday, April 8, 2021
Notable China news from around the world.
BUSINESS AND TECHNOLOGY:
- TikTokโs โlive ecommerceโ arm is ready to roll
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ByteDance, the parent company of TikTok, is entering ecommerce shipment trials after spending the year building up its logistics infrastructure.
Alibabaโs Taobao Live currently controls 80% of the live ecommerce market, and made $135 billion in sales last year. Nearly 1 in 10 online purchases in China occurred on livestreams last year. - Tencentโs biggest investor sells off large stake
Tencent’s biggest investor to trim stake / Nikkei Asia
South Africaโs Naspers, an internet and media company, invested around $30 million into an unknown Chinese startup called Tencent in 2001.
Naspers still owns 31% of Chinaโs most valuable company, but has announced it will sell up to 2% of its stake, raising $14.5 billion, per Nikkei. The company said it will use its proceeds to โinvest in growth in our core business and merging sectors.โ - Dodgy home rental platform delisted from NYSE
Crippled rental platform Danke faces delisting from NYSE / Caixin (paywall)
Chinaโs Danke Apartment, an online platform for long-term apartment rentals, is facing a delisting by the New York Stock Exchange after failing to report financial results on time.
After several years of scandals, Dankeโs founder and CEO, Gฤo Jรฌng ้ซ้, was detained in June for โbusiness ventures prior to the founding of Danke.โ - TuSimple, driverless truck startup, seeks $1 billion IPO in U.S.
Driverless truck startup TuSimple seeks $1 billion in U.S. IPO / Caixin (paywall)
Chinese-backed self-driving truck startup TuSimple is seeking an $800 million to $1 billion initial public offering on Nasdaq for a valuation of $5 billion to $7 billion, reports Caixin. - Online grocer to IPO?
Tencent-backed Missfresh may seek up to $1 billion U.S. IPO / TMT Post - Huawei to make electric cars
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Trip.com brings its shares home with $1.3 billion Hong Kong IPO / Caixin - Beijingโs many billionaires
Beijing now has more billionaires than any city / BBC
SCIENCE, HEALTH, AND THE ENVIRONMENT:
- COVID response in Ruili, Yunnan
Border city party chief sacked for negligence over COVID outbreak / Caixin (paywall) - Vaccine rollout
China administers total of 149.07 million doses of COVID-19 vaccines as of April 7 / Reuters
Beijing color-codes buildings to show workersโ COVID vaccination rates / Guardian
China’s bid to ramp up vaccinations hindered by supply shortages / Bloomberg (porous paywall)
The supply shortage appears to be felt unevenly across China. Beijing, the capital, does not appear to have any supply concerns and has raced ahead with over half of its population dosed. Meanwhile, financial center Shanghai โ whose population is also over 20 million people โ has raised Sinovac dose intervals from 14 to 21 days due to supply concerns, said one of the people. To date, Shanghai has given out only 5.5 million doses.
In southern Guangdong Province, Chinaโs manufacturing hub, the local government has selected five key cities of Guangzhou, Shenzhen, Foshan, Dongguan and Zhuhai to prioritize for vaccination while halting new doses in all other cities, said a person familiar with the situation there.
POLITICS AND CURRENT AFFAIRS:
- Xinjiang and Uyghurs
China uses old tricks in new Xinjiang propaganda campaign / Australian Financial Review
Uyghurs aren’t safe from China even outside Xinjiang / The Atlantic
โWomenโmany of whom escape separately from their husbandsโface particular difficulties when, as is often the case, their partners are caught fleeing. Even the most educated and highly skilled of these women, having grown up in a patriarchal society, are suddenly thrust into an unfamiliar position, becoming lonely migrants in new countries and tasked with heading households they had assumed would include husbands, fathers, uncles, and brothers.โ
Opinion: Hereโs how to handle the โGenocide Olympicsโ in Beijing / NYT (porous paywall)
Columnist Nicholas Kristof, noting that the โrepression in Xinjiang doesnโt qualify as genocide as the term is normally used, butโฆdoes meet the definition in the international convention,โ suggests, โAthletes should participate and television should broadcast the competition, but government officials and companies should stay out of it.โ - American and Australian universities avoid China partnerships
Faculty senate opposes proposed partnership with Peking University / Cornell Sun
Monash University signs deal with Indonesian government as universities diversify from China / Guardian - Twitter recognizes pro-democracy Asian activists
Twitter pokes at China with emoji supporting #MilkTeaAlliance / Bloomberg (porous paywall)
Twitter launches ‘Milk Tea Alliance’ emoji as movement grows / Reuters
Twitter Public Policy on Twitter: “Today we are launching an emoji for the #MilkTeaAlliance, an online solidarity alliance first started in April 2020 as a Twitter meme which has grown into a global pro-democracy movement led by activists and concerned citizens in ๐ญ๐ฐ๐น๐ญ๐น๐ผ๐ฒ๐ฒ and around the world.” - New media rules in Macau
Press freedom in Macauโs gambling hub under spotlight as China ramps up scrutiny / Reuters
โAt a meeting at the Portuguese unit of Macau’s public broadcaster TDM on March 10, two senior journalists addressed about 25 staff, reading new editorial rules requiring them to promote โpatriotism, respect and loveโ for mainland China.โ - Phytium Technology and others blacklisted by U.S.
U.S. adds Chinese supercomputing entities to economic blacklist / Reuters
โThe department is adding Tianjin Phytium Information Technology, Shanghai High-Performance Integrated Circuit Design Center, Sunway Microelectronics, the National Supercomputing Center Jinan, the National Supercomputing Center Shenzhen, the National Supercomputing Center Wuxi, and the National Supercomputing Center Zhengzhou to its blacklist.โ
No TSMC chips in China arms: MOEA / Taipei Times
Phytium Technology was covered yesterday in the Washington Post: China builds advanced weapons systems using American chip technology. - India-China border talks continue tomorrow
India, China to hold 11th round of Corps Commander talks on Friday / The Hindu
China says India’s proposal of restoring status quo of April 2020 in eastern Ladakh could be discussed / Times of India
Looking ahead to tomorrow’s border talks, and Wuhan one year on / The India China Newsletter - Hong Kong quickly implements โpolitical changes ordered by Beijingโ
U.K. offers $59 million to help Hong Kong migrants settle down / AP
Hong Kong govโt moves quickly to implement political changes ordered by Beijing / HKFP
Hong Kong govโt is the โbiggest victim of fake news,โ Chief Exec. Carrie Lam says / HKFP
Hong Kong journalist Steve Vines โdisappointedโ to be dropped as commentator from RTHK show / HKFP - Greenland shields its rare earth mines
Greenland says no to China-backed rare-earth mine in election / Nikkei Asia via Caixin
Chinaโs Greenland ambitions run into local politics, U.S. influence / WSJ (paywall) - South China Sea
China drills deep in disputed South China Sea / Reuters
โChina has drilled deep in the South China Sea to retrieve sediment core from the seabed, state media reportedโฆIt was unclear exactly where the drilling took place in the South China Sea.โ
Philippines warns it could seek U.S. help amid feud with China / AP
SOCIETY AND CULTURE:
- The cult of an an electro-pop star
Ryuichi Sakamoto cringe / Xiao Hai goes to RMB city / Chaoyang Trap newsletter
โSimon Frank considers the strange, intense fandom in China around Japanese musician Ryuichi Sakamoto. Known globally as a pioneer of electronic pop music (he was one of the members of Yellow Magic Orchestra) and his stirring soundtrack work (notably the 2015 film The Revenant), Sakamoto is an unusual object of pop-idol-esque obsession.โ - Itโs going to get more difficult to prove your Chinese is good
Chinese proficiency tests are about to get harder / Thatโs Mag
โWhile the current HSK levels run from one to six (easiest to hardest), the new standards will include nine levels that challenge four elements of Mandarin: syllables, characters, vocabulary and grammarโฆBased on changes from the current HSK standards, levels one through four will be more challenging than before, while levels five and six will be slightly easier.โ - Anonymous corpses from internal migration pains
The amateur sleuths trying to identify chinaโs unclaimed dead / Sixth Tone
The 57-year-old Zhang Dayong who has ankylosing spondylitis, a debilitating spinal condition, built a website named Database of the Anonymous Dead, which contains records of over 3,300 corpses. This website helps people identify the anonymous corpses. There are many anonymous corpses partly because of the massive internal migration China has experienced during recent decades.





