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.Read More →
China did not comply with the conditions it signed up for when it entered the World Trade Organization (WTO), says former White House advisor Harry Broadman at the NACD Northern California Chapter in a discussion about American business in China. And while US president Joe Biden has taken on China bilaterally, it needs collective action to change the country’s attitude to trade, he adds.Read More →
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.Read More →
Provincial governments in Sichuan, Xinjiang, Inner Mongolia, and Yunnan have been cracking down on bitcoin mining, but it is not alone because of the usage of coal to generate cheap electricity, says strategic advisor Winston Wenyan Ma to Reuters.Read More →
Former White House advisor Harry Broadman looks at US president Biden’s trip to Europe, the G7, and NATO, and explains why China should be also on the agenda of NATO for Cheddar News.Read More →
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 bitcoinRead More →
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.Read More →
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.”Read More →
China issued new regulations on mining and trading of cryptocurrencies over the past few weeks. Financial analyst Winston Wenyan Ma explains how this works out, and why China’s crackdown has such a big impact on the industry worldwide, at LCX. China now covers 70% of the global market.Read More →
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.Read More →
The cryptocurrency market has been disrupted by interventions by China’s governments, but it certainly does not mean a full-blown ban on digital currencies, says financial analyst Winston Wenyan Ma, former managing director at China Investment Corporation (CIC), adjunct professor at NYU, and investor. The government is still defining the scope of digital currencies, and focuses on minging and trading, and is certainly no banning ownership, he says at Verify.Read More →
China’s legislators have set another step on regulating data security, this time for the automotive industry, but publishing a draft for comments. China-lawyer Mark Schaub gives an overview of the plans for the China Law Insight. “Companies would be well advised to conduct a systematic review and assessment of the current state of their data handling,” he concludes.Read More →