Uisee, a Chinese autonomous mobility startup, has announced a $155 million funding round, as China continues to dominate emerging markets for self-driving and new-energy vehicles (NEVs). In a signal that China’s Communist…
Deaths and Self-immolation Prompts China Tech Hours Reckoning
The death of an e-commerce employee in western China has caused an outcry about lengthy working hours at the country’s tech giants – with state media joining the call. On December 29…
Germany’s Auto Giant Switches Focus to China NEV Market
Volkswagen, Germany’s largest company, knows where its future lies. The Wolfsburg-based giant, with quarterly revenues of $69 billion, has committed $91bn to electric vehicles (also shortened to NEVs, or new energy vehicles)…
Germany Blocks China Satellite Buy, Steps Up Corporate Defenses
Last week Germany blocked the sale of a satellite and radar firm to a Chinese state-backed buyer, the latest in a cooling of corporate relations between the two countries. China Aerospace and…
“Singles Day” Breaks Alibaba Records – But Regulation Knocks Chinese Stocks
Alibaba, the Chinese tech giant, has pulled in record sales figures. Yet not all is rosy for the firm. In previous years “Singles Day”—a Chinese Black Friday—has been measured in 24-hour frames.…
TikTok and Oracle Team Up, as Microsoft Bid Fails Dramatically
Oracle will partner with social media platform TikTok in the United States, as a bid from Microsoft was rejected. The terms of the Oracle deal have not yet been made public, but…
All Aboard! Four Innovations Set to Revolutionize Rail Travel
COVID-19 isn’t making much run fast—not least the productivity of tech journalists. But it might just push global rail travel back on track. The pandemic’s deadly spread has kept people indoors worldwide,…
Tech Abandons Hong Kong, as Beijing Moves In
Tech companies are already beginning an exodus of Hong Kong – just weeks after Beijing enacted a prohibitive security law in the region. Small firms have already moved data—and in some cases…
CES Asia Canceled Amid COVID and Failing US Relations
CES Asia, the Asian leg of the influential American tech conference, has been axed as China-US tensions rise amid the Coronavirus pandemic. Organizers announced the show would be canceled today, adding they…
India’s China Ban is a Come-Get-Me for Europe and the US
This week India’s government decided to ban 59 China-based apps, including popular social media platform TikTok. Based on national security fears, it’s the largest-ever ban of Chinese tech by a global democracy.…