Chinese companies going global. Global companies capitalizing on the size and growth of the China market. State-owned enterprises. Policy-based state investment. Startup unicorns with Chinese characteristics. There is no shortage of business stories to tell in China.
While most reactions to the new feature were positive, some critics raised questions about whether tech companies should blatantly target children as users. Others argued that “WeChat for kids” is just a publicity stunt, given that it’s an optional feature rather than a strict ban on underage users.
China’s biggest and most advanced chipmaker warns of “adverse effects” from U.S. export restrictions.
Earlier this year, China proposed a new data security law that, if passed, could position it as a global leader in data regulation.
The Chinese-owned company behind a voice-based social media app listed on the NYSE this week. What’s unusual about the app? Its market is the Middle East, and its most popular language is Arabic.
A veterinary clinic and pet care chain just got a boatload of money for expansion and stands a chance of becoming a dominant player in China’s booming pet care industry.
China could pursue an antitrust investigation into Google’s use of its Android operating system as soon as October, according to Reuters. The move would come after the Trump administration’s attacks on TikTok, WeChat, Huawei, and SMIC.
Weibo owner Sina and search firm Sogou have announced they will go private and leave the Nasdaq and New York Stock Exchange, respectively. They are joining a collection of Chinese companies determined to rely less on U.S. markets as political tensions rise.
The U.S. has slapped new limits on exports to China’s biggest chipmaker, citing the danger of military use of the company’s products.
Beijing appears to be souring on the TikTok deal. After a series of state media editorials indicated this attitude, the Wall Street Journal reported that Chinese Commerce Ministry officials are skeptical of allowing American companies to inspect TikTok’s algorithm.