Page 38 - China Tech News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share this It seems that the latest regulatory clampdown on Didi Chuxing has created an impression that there is an element of “nationalistic blend” to it. The earlier clampdowns have come from an angle of moral hazard reduction in the China economy via new restrictions being imposed on the fintech business units of China big tech firms due to imprudent micro consumer lending practices that led to the world largest Ant Group IPO ,the fintech unit of Alibaba being scrapped last year followed by anti-monopolistic fines imposed on China big techs’ ecommerce platforms. Right now, the regula...

표면상 편법 해외자금유치 철퇴 모양새 지분구조 새롭게 짜라는 압박 관측도 디디추싱 베이징 본사 전경 〈사진=즈쉰닷컴 캡처〉터질 게 터진 거 같습니다. '중국판 우버'로 불리며 중국 최대 승차 공유 서비스 '디디추싱' 얘깁니다. 디디추싱은 어떤 기업인가요. 몇 년 전 여름 상하이 출장 때였습니다. 상하이 주재 정부부처 산하 연구기관장을 만나는 약속 장소에 갔습니다. 초로의 신사가 정장 차림으로 나타났습니다. “러시 아워 시간인데 멀리 �...

Read more about $244-billion Bill to counter China tech threat gets US Senate nod on Business Standard. Creating 'imaginary enemy', Beijing denounces the sweeping package

China provides the opportunity for investment, strategic partnerships, as well as one of the world's largest rollout markets.

May 20, 2021 Zhang Yiming, the co-founder of ByteDance, will step down at the end of the year as the CEO of the Chinese social media giant behind TikTok’s meteoric rise. Liang Rubo, another co-founder of ByteDance who is currently the head of human resources, will take Zhang’s role. In an internal letter to employees, Zhang said he came to the conclusion that by quitting the CEO role, with all of its day-to-day responsibilities, he can “have greater impact on longer-term initiatives.” Zhang said he will take a new role at the company to focus on long-term strategy, corporate culture, ...