China veteran Kaiser Kuo discusses the relations between the US and China, and here focuses on the splintering of the internet, at a wide-ranging interview at the Wire China. “I also think we need to recognize that our worries are more about us than they are about China. We have in this country a real problem with surveillance capitalism, as it’s been called,” says Kaiser Kuo.
China watcher Kaiser Kuo discusses Western narratives on China’s rise. Technology did not beat authoritarian regimes, he explains, just as other Western views on China were profoundly wrong. The Arab Spring uprising was the first sign technology did not bring repression down, but not the last one, he argues.
China and the US might have their first evaluation of their 6-month old trade agreement soon, but the cross-currents between both countries are here to stay, says Berkeley Research Group managing director Harry Broadman to Bloomberg Markets. China kept largely its promises, while the US cannot afford to take on China in a more aggressive way, he says.
US president Trump might be doing his best to upset China in every possible way, but US-China relations are no longer top priority for either country, says political analyst Victor Shih at NBC News. “Fundamentally the big problem on both sides is that you now have leadership which no longer considers having good bilateral relationships as a highest priority,”
The annual Hurun Global Rich List counted today more billionaires in China than in the US and India combined, says Rupert Hoogewerf, chairman of the Shanghai-based Hurun Report after its publication on Wednesday, to Caixin. In 2019, China created 182 billionaires, three times the number as those in the U.S., according to the Hurun Report.
Private companies in China have become more important than sometimes appreciated, says Rupert Hoogewerf, chairman of the Hurun Research Institute in its latest report, according to the South China Morning Post. They have grown eight times in the past decade, pay most taxes and create most jobs. “Creating value is more than making sales,” says Rupert Hoogewerf.
After a first symbolic truce, the world should brace for the next phase in the trade war between China and the US, warns leading economist Arthur Kroeber, according to Barron’s. China has stalled its economic reforms and mechanisms to contain the US power fail, and the technology war is likely to resume, he stresses.
The successful social platform Tiktok got into hot water when it comes to its relation with China, now the company goes international. Former Baidu communication director Kaiser Kuo looks at The Ringer how Tiktok thrived, like others, in this climate of uncertainty, fuzziness and unpredictability that is key for China’s internet.
Vision, robotics and language are key areas where China is worldwide leading artificial intelligence, says Rupert Hoogewerf, chairman of the Hurun report on AI. The number of patent applications has been rising sharply over the past five years, he adds in the South China Morning Post. Huawei holds a top position.