Former New York Times correspondent Howard French, author of China’s Second Continent: How a Million Migrants Are Building a New Empire in Africa, discusses at the International Peace Institute how now two million Chinese immigrants and 2,500 Chinese companies build up an over US$200 billion trade between China and Africa.
China’s authorities first raised the number of allowed children from two to three per family, and might now even cancel all restrictions. Journalist Zhang Lijia, author of Lotus: A Novel(January 2017) on prostitution in China, looks at the troubled relationship between feminism and motherhood in her mother country, in an interview with the Italian publication Il Manifesto.
When China’s authorities cracked down on Jack Ma’s Alibaba, it was only the start of ongoing efforts to control tech companies and manage their data streams, says Shanghai-based business analyst Shaun Rein to WRAL. “Now Chinese people are quite concerned about data privacy because Alibaba and Tencent have so much data – even more data than the government,” he adds.
China’s regulators have been focusing already on cryptocurrency, the mining operation. Fintech expert Winston Wenyan Ma warns we can get more regulations from China’s government, especially on trading, he tells in The Street. The Street: Last month, the State Council’s Financial Stability and Development Committee said China would crack down on bitcoin
Fintech expert Winston Wenyan Ma joins a panel at the BSN base and explains how China’s economy moved from import/export to a focus on innovation. China missed the world’s first technological revolutions because of domestic turbulence and external influences but has become a leading force for the third technological data revolution.
The aging founders of the first-generation modern companies in China are trying to survive their first generational switch and private equity funds try to help them digitize their operations to move on, says Winston Ma, adjunct professor at New York University School of Law and former managing director of the sovereign wealth fund China Investment Corporation (CIC) in the Global Finance Magazine.