Oracle has taken over Microsoft as the preferred buyer of Bytedance’s Tiktok in the US after the Chinese company got into problems with US President Donald Trump. Innovation expert Matthew Brennan says Oracle might be the better match as a buyer of Tiktok, he tells in Coinspeaker.Read More →
Bytedance is negotiating the sale of popular video streaming app Tiktok with Microsoft, now it became into hot water with an executive ban by US President Donald Trump. Business analyst Arnold Ma tells CGTN why that might be a good deal for Bytedance, since it has 60 apps in China, not just a few like most tech companies, and might focus on those other apps. Even the price, 10 billion US dollars for a company valued at 120 billion, is not bad for an app that only exists for three years, he adds.Read More →
A large number of foreign journalists, mostly Americans, got kicked out of China earlier this year, including long-term veteran Ian Johnson. In-depth journalism is now hurt, he tells the Deutsche Welle, as most media organizations have only one or two correspondents in China, who cannot do more than scratch the surface.Read More →
Donald Trump’s plan to ban Tiktok from the US is straight-up Sinophobia, says former Baidu communications director Kaiser Kuo to Slate. Most successful apps in China will not make a decent following among consumers in the rest of the world, he argues, just because they are too much adjusted to China’s internet rules and customs, he adds.Read More →
A range of incidents between China and the US is making headlines, as US President Donald Trump is trying to win the next presidential elections in the US. But Trump is strengthening China’s President Xi Jinping’s hand, warns political analyst Harry Broadman in a debate on Bloomberg.Read More →
Already before COVID-19, American and Chinese internet giants fought for dominance in the booming market for food and grocery delivery, and the coronavirus crisis had cause another boom in the market, says William Bao Bean, managing director of global venture capital firm SOSV in Shanghai in Marketplace. Having dominance in their home market helps the Chinese players.Read More →
Shanghai-based VC William Bao Bean looks at the world after the COVID-19 recession will be gone. Fintech will go through the roof, like all things digital, home delivery, and health care applications he tells at this debate on India and China how the world will learn from China coronavirus crisis.Read More →
Relations between Australia and China have never been so worse in decades, says business analyst Shaun Rein to the state-owned CGTN. Why is Australia upsetting its largest market for its exports, he wonders and dives into the controversy.Read More →
TikTok has already decided to leave Hong Kong and other Western social media like Facebook and Google are trying to figure out what to do after China introduced its national security law to Hong Kong and they might have to cooperate with local police. Business analyst Shaun Rein suggests they would better off leaving Hong Kong altogether, in the South China Morning Post.Read More →
Domestic travel in China might be recovering after being hit by the COVID-19 crisis, but international travel might never be the same, says marketing analyst Ashley Dudarenok at Technode. People will likely never travel the same way internationally again, she adds.Read More →
India has been one of the hotspots of investments from China, but that might end now the hostilities between both countries increase, says business analyst Shaun Rein to AP. Chinese apps have already been banned by the Indian government, and startups seem to be next. Anti-Chinese feelings among consumers might be putting Chinese investors also off.Read More →
Chaos reigns the White House as US presidential advisor Peter Navarro said the China trade deal was dead and was promptly corrected by US President Donald Trump who said the opposite. Business analyst Shaun Rein says at the BBC Trump cannot control his lieutenants, as they prefer to blame China for anything that goes wrong.Read More →