China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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682 articles matching the search query.
WeChat resumes new user registrations after ‘security upgrade’
WeChat had paused new user registrations so it could upgrade its “security technology to align with all relevant laws and regulations”.
Chinese state newspaper calls for higher taxes on gaming industry
China’s gaming industry needs to be taxed just any other traditional industry, according to an op-ed from one of the country’s influential state newspapers, joining the growing debate on how video games should be viewed and regulated.
China Wants Manufacturing—Not the Internet—to Lead the Economy
Even as Beijing unleashes a multifront regulatory assault against consumer internet companies, it continues to shower subsidies and protection on manufacturers, writes Greg Ip.
Shocked Investors Scour Xi’s Old Speeches to Find Next Target
As $1 trillion evaporated from Chinese stocks last week, some investors realized they hadn’t paid enough attention to the country’s most important man: President Xi Jinping.
China Century Missing In World's Most-Valued Companies
The dearth of Chinese enterprises at the top of the market capitalization rankings is a referendum on the world’s second-largest economy.
Tencent Bounces Back After State Media Soften Tone on Gaming
Chinese media including the Communist Party’s flagship newspaper toned down their criticism of the games industry on Wednesday, helping Tencent Holdings Ltd. and its peers recoup some of their losses from a market rout a day earlier.
Tech Stocks Fuel Hong Kong Reprieve Rally as China Money Returns
The return of Chinese investors and bargain hunters in tech stocks is giving Hong Kong’s equities market a reprieve from weeks of relentless selling.
Tencent, Japan Game Stocks Fall on Fears of China Gaming Crackdown
Japanese video game shares plunged in Tokyo Tuesday, as the country’s stock market was given a jolting reminder of how exposed some sectors are to the vagaries of Chinese regulation.
Chinese video game shares plunge after state media calls the products ‘spiritual opium.’
Investors reacted after months of increased pressure from Beijing aimed at the broader Chinese internet industry.
Chinese newspaper deletes report that called video gaming ‘spiritual opium’
The report by the Economic Information Daily singled out Tencent and its popular video game Honour of Kings.
Chinese newspaper labels gaming ‘spiritual opium’, names Tencent
The report from Xinhua-affiliated Economic Information Daily marks a strong attack on the country’s gaming industry and its leading player. However, the piece shows few signs that it represents the government’s official stance.
China’s gaming stocks on wild ride on state media’s broadside
Chinese gaming stocks plunged after state media slammed games as ‘spiritual opium’ and ‘electronic drugs’ amid Beijing’s crackdown in the technology space.
Tencent Sinks After China Denounces Online Gaming
Shares in Tencent and rivals plummeted after a state-owned newspaper criticized online gaming as “opium for the mind,” fueling concerns that the companies’ games could be swept up into a broader regulatory crackdown.
Fear Carries the Day in China Tech as Bargain Hunters Waver
The plunge in Hong Kong-listed Chinese tech stocks Tuesday underscores the market’s vulnerability to Beijing’s displeasure with the nation’s internet giants -- and just how hard it is for investors to pick the bottom.
Tech Giants’ Rise Requires New Financial Oversight, BIS Says
The world’s biggest tech firms need oversight from financial regulators to guard against their growing market power, possible threats to financial stability and data privacy concerns, according to senior officials at the Bank for International Settlements.
SEC to Set New Disclosure Requirements for Chinese Company IPOs
U.S. regulators will require additional disclosures from Chinese companies before allowing them to sell shares in the U.S., Securities and Exchange Commission Chairman Gary Gensler said.
China Tech Selloff Resumes, Adding to Month of Huge Losses
Investors are reeling from drastic moves against the after-school tutoring sector, one in a series of government salvos.
China Orders Alibaba, Tencent, Meituan, Ant, ByteDance to Up Data Security
China ordered more than two dozen technology firms to carry out internal inspections as part of a campaign to root out illegal online activity.
The Professional Manager Has a Bright Future, in China at Least
In a country where state-owned enterprises dominate, consulting firms rule the executive talent market.
