Business Jul 24, 2021
The penalty on Asia’s most valuable corporation is indicative of Beijing’s escalating campaign against home-grown tech giants.
Commentary / World Jul 18, 2021
China is killing its tech golden goose
by Minxin Pei
U.S. lawmakers may be fretting unnecessarily, because the Chinese government seems to be doing everything possible to lose its tech race with America.
Business Jul 10, 2021
Chinese regulators rejected Huya’s proposal to acquire rival DouYu, killing a deal that would have helped cement Tencent’s lead in video game streaming.
Asia Pacific Jun 11, 2021
China’s new data law gives Xi the power to shut down tech firms
Xi’s administration has tightened control over the hoard of information produced by the nation’s tech companies as part of broader efforts to position China as a leader in big data.
Business May 27, 2021
China tech giants spend billions to fuel growth after crackdown
Companies are digging deep into their pockets to open up new avenues of growth as Beijing curtails their most lucrative businesses from fintech to e-commerce.
Business Apr 30, 2021
China reins in tech giants’ finance arms after hobbling Ant Group
China has waged a campaign to rein in its internet titans, as the government has grown increasingly concerned over their growing influence over every aspect of Chinese life.
Business | ANALYSIS Apr 26, 2021
With digital yuan trials, Beijing looks to claw back data from Alipay and WeChat
"Big data is wealth. Whoever owns data thrives," said a banking official tasked with promoting the digital yuan.
Business / Corporate Apr 21, 2021
Japan and U.S. plan to keep watch on Rakuten after Tencent investment
Rakuten said that the Tencent group company's acquisition of the stake is purely for investment purposes and rejected the possibility that shareholders would gain access to customer data.
Business Apr 1, 2021
Mizuho's reported losses are far smaller than those incurred by some institutions, with Nomura warning of up to $2 billion in exposure.
Business | FOCUS Mar 21, 2021
China crackdown cuts Big Tech down to size
by Dan Martin
There's a reason why the escalating crackdown is largely drawing shrugs from Chinese consumers: it is widely seen as necessary.
Business Mar 16, 2021
China’s top leader warned that Beijing will go after so-called "platform” companies that have amassed data and market power, a sign that the monthslong crackdown on the country’s internet sector is only just beginning. President Xi Jinping on Monday chaired a meeting of the communist ...