The G7 planned during its certain meeting an alternative for China’s Belt&Road Initiative, to halt the country’s international leverage, the Build Back Better World (B3W). But former White House advisor Harry Broadman has serious doubts whether the new plan will be effective at all, he tells according to the GTReview.
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
Giant demographic changes in Africa have defined most of China’s strategic vision, says Howard French, author of China’s Second Continent: How a Million Migrants Are Building a New Empire in Africa, at a discussion at the National Bureau of Asian Research on the report by Nadège Rolland“A New Great Game? Situating Africa in China’s Strategic Thinking.”
China’s new three-child policy has received a lackluster reception among its population. Author Zhang Lijia offers a few tips for the government to make its policy attractive for women: offer financial incentives, significantly expand its childcare capacity, and promote women-friendly policies and equality, she writes in the South China Morning Post.
When Zhang Yiming, founder and CEO of successful internet giant Bytedance, left last week his post, speculations on a relation with the government crackdown on internet firms was easily made. Internet analyst Matthew Brennan, who wrote a book on Bytedance, says there might be a link, but different from what was mostly suggested, he says in Marketscreener.
China is gettings its digital agenda for its legislation in order, especially the protection of users’ privacy, writes China-lawyer Mark Schaub on the China Law Insight. He looks at the call for comments on the Interim Provisions on the Administration of Personal Information Protection of Mobile Internet Apps.
China’s internet censors have been cracking down on feminist groups because they are considered by the government to be extremist by opposing traditional marriage. A wrong signal, says author Zhang Lijia in the South China Morning Post, and it will certainly not help the country in solving its demographic problems.
China is following the European Union’s GDPR in trying to regulate the unruly data industry, says Winston Ma, Winston Ma, adjunct professor at the New York University School of Law at CNBC. China’s internet companies based for years their business models on consumers’ lack of awareness of privacy, he adds, but those days are over.
Alibaba and Tencent were high-profile casualties as the central government stepped in to regulate free-wheeling tech firms with growing financial clout. To the relief of consumers and smaller competitors, exponential growth in the tech industry is over, tells Winston Ma, former managing director of the sovereign wealth firm China Investment Corporation (CIC) in New York to Reuters.