Biden’s top advisors have said that they agree with the direction of Trump’s China tech policy, but will carefully review tactics. What will it mean for China tech?
government
Xiaomi sues US government over investment ban
Xiaomi asked the court remove it from a defense blacklist that bans Americans from investing in companies linked to the Chinese military.
Alipay, JD Digits, Didi remove all bank deposit products: report
Regulators completely banned on Jan. 15 the sale of bank deposit products on third-party platforms to minimize risk from highly leveraged banks.
Exclusive: Faraday Future to get $310 million lifeline from Chinese state-owned enterprises
A cash injection into would-be EV maker Faraday Future is being made on behalf of the government of Zhuhai, a source tells TechNode.
Exclusive: Faraday Future to get $310 million lifeline from Chinese state-owned enterprises
A cash injection into would-be EV maker Faraday Future is being made on behalf of the government of Zhuhai, a source tells TechNode.
Chengdu to distribute $7.7 million in its first digital yuan lottery: report
The public digital yuan lottery in Chengdu will be the biggest one yet, distributing RMB 50 million to lucky winners via red envelopes.
Huawei in Greece: How Snowden shaped EU’s approach to Huawei
As espionage scandals and the US campaign against Huawei shook Europe through the 2010s, EU authorities beefed up cybersecurity laws. Greece followed suit.
New digital payment rules likely to hit Ant Group, Tencent
The new antitrust rules for China’s digital payment market could trigger a regulatory review of Ant Group and Tencent based on market share.
Jack Ma resurfaces amid regulatory clampdown
The Alibaba and Ant Group founder, Jack Ma, made his first public appearance in months at a video conference with rural teachers.
Ant Group digital yuan tests, Iran’s Chinese miners: Blockheads
Ant Group employees can use the Alipay app for digital yuan transactions in select locations, including the Lujiazui district in Shanghai.