For a while, London was in the running to get the Tiktok international headquarters, but under the Tiktok-Oracle deal the UK’s capital seems to have lost that opportunity, says China internet watcher Matthew Brennan to CNBC. That seems another setback for the UK now the country is already suffering under the corona crisis and Brexit.
As the Black Lives Matter movement took over some of the headlines, China typically dismissed racism as a Western problem. Author Zhang Lijia begs to differ, in The Wire. “The Chinese government claims to have “zero tolerance” for racism, but there have been no reports that anyone has been punished
This month the provisory agreement for cooperating on the nomination of bishops between the Vatican and the Chinese government is up for renewable. Journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao, explains why the deal was for the Roman-Catholic church an “understandable gamble,” according to the NCR.
The creation of a digital currency does not mean China can create a reserve currency for the international markets, says financial expert Victor Shih in Quartz. Domestically, it could mean the digital currency could try to catch back the financial room now occupied by commercial players like Alibaba’s Alipay and Tencent’s WeChat, he adds.
In a wide-ranging interview with the South China Morning Post, China veteran Kaiser Kuo explains why – unlike many others – he did not become a China-whiner, also not after he returned in 2016 to the US. He is now a leading voice on the relations between China and the US, without taking sides for either country.
Journalist and academic Ian Johnson reviews a documentary of artist Ai Weiwei with hidden footage of the coronavirus crisis in Wuhan for Plataformamedia. “The public needs to understand that this film is about China,” Weiwei said in a telephone interview with Ian Johnson. “Yes, it is about the coronavirus lockdown, but it is an effort to reflect what ordinary Chinese have experienced.”
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.