European Union foreign ministers agreed Monday on an ambitious global infrastructure plan linking Europe to the world. The infrastructure scheme is designed to rival Chinese President Xi Jinping’s Belt and Road Initiative, which Western governments fear encourages countries to take on large Chinese loans that can then be leveraged by Beijing for political purposes. German…
TOKYO — SoftBank Group’s investment strategy in China remains unchanged even as some of its biggest investments in the country come under intense regulatory scrutiny, Chief Financial Officer Yoshimitsu Goto said on Tuesday.SoftBank invested nearly $11 billion in Chinese ride-hailing company Didi Global, which went public in the U.S. before China’s Cyberspace Administration on July…
AdvertisementContinue reading the main story Tokyo warned that China’s rapid military expansion was threatening to upset the balance of power between Beijing and Washington. President Biden and Prime Minister Yoshihide Suga of Japan speaking at a news conference at the White House in April. Washington has urged Tokyo to confront Beijing’s military posturing.Credit…Andrew Harnik/Associated Press…
July 13, 2021In 2007, Alibaba’s Taobao became China’s leading consumer e-commerce marketplace, displacing the once dominant eBay. How did underdog Taobao do it? And will it be able to find a way to monetize its marketplace and ensure future success?Harvard Business School professor Felix Oberholzer-Gee discusses his case, “Alibaba’s Taobao,” and related strategy lessons from…
BERLIN, July 13 (Reuters) – Chancellor Angela Merkel and President Joe Biden hold talks at the White House on Thursday that experts say are unlikely to yield major breakthroughs on divisive issues like a Russian gas pipeline to Germany and a U.S. push to counterbalance China.Both sides have said they want to reset ties strained…
A Chinese father has been reunited with his son 24 years after he was abducted by human traffickers in front of their home in Shandong at the age of two in 1997.Guo Gangtang spent 24 years crisscrossing the country, travelling more than 300,000 miles on a motorbike, with two banners each showing a photo of…
Chinese Paramilitary police officers salute each other as they stand guard below a portrait of the late leader Mao Zedong in Tiananmen Square in Beijing, China.Getty ImagesAccording to legend, when Vladimir Lenin was asked how he planned to “hang all the capitalists” in the face of a rope shortage in the young Soviet Union, he…
The headline accompanying this column is a rather dramatic way of putting it, but the reality is that China aspires to meet and surpass the USA economically, technologically and militarily, to become the putative leader of the world. Can they? Having been a “China watcher” for many years, and having travelled to China many times,…
Did you miss today’s livestream? Watch the AI at the Edge & IoT Summit on demand now.China’s game-hungry audience continues to prove that it is worth it for developers who attempt to overcome the obstacles to enter the market. The latest example of that is Dead Cells, which has sold 2 million copies on mobile…
Uyghurs of the East Turkistan National Awakening Movement (ETNAM) hold a rally to protest the 71st anniversary of the People’s Republic of China in front of the White House in Washington, DC, on October 1, 2020.Nicholas Kamm| AFP | Getty ImagesWASHINGTON — The Biden administration on Tuesday warned businesses with supply chain and investment ties…
