China’s top leadership has grown increasingly frustrated with a years-long failure to develop semiconductors that can replace US circuitry.
Browsing: Xi Jinping
Tom Cruise isn’t simply taking on what appears to be Russian-made fighter jets in his remake of the 1986 classic Top Gun: he’s also angering China.
China’s biggest live-streaming and e-commerce platforms saw shares drop after the country slapped an unprecedented tax evasion fine on a top influencer.
This was supposed to be Jack Ma’s finest hour. Instead Beijing reined in his empire, abruptly clipping the wings of corporate China’s biggest star.
China’s economy risks slowing faster than investors realise as President Xi Jinping’s push to regulate sectors from education to technology combine with a power shortage and the pandemic.
President Xi Jinping handed down orders for handling the case of Huawei Technologies executive Meng Wanzhou, China said.
Tencent and NetEase shed more than $60-billion of value on Thursday as investor fears grow that Chinese regulators are preparing to tighten their grip dramatically on the world’s largest gaming industry.
It’s no coincidence that an edict barring kids in China from playing online videogames for most of the week came as the education ministry introduced a new subject to the national curriculum: Xi Jinping Thought.
President Xi Jinping has increasingly emphasised the idea of “common prosperity” as the Communist Party tries to address the country’s wealth gap.
Even a $1.5-trillion selloff may not provide an attractive entry point for equity investors as they grapple with cascading risks in China’s technology sector.