Quotes from the news wire:
The TikTok hearings in the United States mark the beginnings of a regulatory meat-grinder facing all [Chinese] tech companies.
Found on CNN 1 year ago
If any Chinese company is to have any chance of surviving increased scrutiny from Western governments, they will have to entrust their data to third party security firms and endure rigorous third party audits and government intrusion, in addition to transferring ownership, this is really an existential crisis for Chinese firms operating in the West.
Found on CNN 1 year ago
TikTok’s algorithms make it truly unique in terms of data harvesting and strategic analytics, therefore, I don’t see Beijing allowing it to fall into the hands of US interests, unless they can somehow still access TikTok’s data through other means and methods, including ongoing cyber intrusion and other forms of back-door access.
Found on CNN 1 year ago
The risk is that shareholder interests will remain subservient to state interests.
Found on CNN 1 year ago
This represents a murky grey zone for investors, as the CCP’s presence spills over into all areas, both military and civil, american and other foreign investors will struggle to perform due diligence in an opaque Chinese system.
Found on CNN 1 year ago
Beijing’s Golden Share initiative is about embedding the Chinese Communist Party within the nerve-centers of China’s most important internet-content companies, it’s about achieving pervasive surveillance, censorship and policing capabilities from the inside out.
Found on CNN 1 year ago
Beijing needs to be very cautious about wading into a conflict between NATO and United States over the Ukraine, china's current economic ties with United States, including its energy needs, don't warrant Beijing risking further alienation and backlash from Washington and its allies. This could come back to haunt Beijing later.
Found on CNN 2 years ago
The sheer size of China's virtually untapped equity and bond market is irresistible to the world's large financial institutions, especially since Beijing is finally allowing them to operate wholly owned mutual funds.
Found on CNN 2 years ago
Xi's message of' stability' is aimed at the political establishment in China, which must absorb the brunt of an historic power play, in addition to the business sector.
Found on CNN 3 years ago
One should not hold out false hope that the Xi-Biden virtual summit will fix the fundamental differences between China and America or change the general trajectory of the rivalry, the overarching question is whether, under the best of circumstances, the two leaders can try and come up with the rationale for a new kind of' competitive coexistence.'.
Found on CNN 3 years ago
No Chinese company can openly challenge the Chinese Communist Party and expect leniency, [Didi] is too big and too powerful for its own good and its has already crossed a threshold with China's leadership.
Found on CNN 3 years ago
No Chinese company can openly challenge the Chinese Communist Party and expect leniency.
Found on CNN 3 years ago
Ultimately, Beijing's crackdown on private business is about control, the main priority is about preventing behavior amongst private companies that could engender more independent and potentially non-conformist activities, which undermines Beijing's state-centric model.
Found on CNN 3 years ago
Irreconcilable differences regarding values and growing frictions with China's mercantilist and authoritarian model will continue to drive polarization and competition.
Found on CNN 3 years ago
The atmosphere hovering over China's tech landscape has grown increasingly toxic.
Found on CNN 3 years ago
Alibaba, like all other big Chinese tech, is in [ an ] existential crisis.
Found on CNN 3 years ago
The sad death of employees at Pinduoduo provides Beijing with timely and very visceral publicity which it can leverage to further its policy objectives, the message : the Pinduoduo tragedy is another lesson about what happens when private companies put their own business priorities ahead of the [ ruling Chinese Communist Party ].
Found on CNN 3 years ago
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