Uisee, a Chinese autonomous mobility startup, has announced a $155 million funding round, as China continues to dominate emerging markets for self-driving and new-energy vehicles (NEVs). In a signal that China’s Communist…
Germany Blocks China Satellite Buy, Steps Up Corporate Defenses
Last week Germany blocked the sale of a satellite and radar firm to a Chinese state-backed buyer, the latest in a cooling of corporate relations between the two countries. China Aerospace and…
“Singles Day” Breaks Alibaba Records – But Regulation Knocks Chinese Stocks
Alibaba, the Chinese tech giant, has pulled in record sales figures. Yet not all is rosy for the firm. In previous years “Singles Day”—a Chinese Black Friday—has been measured in 24-hour frames.…
Tech Abandons Hong Kong, as Beijing Moves In
Tech companies are already beginning an exodus of Hong Kong – just weeks after Beijing enacted a prohibitive security law in the region. Small firms have already moved data—and in some cases…
Heavyweights Join China’s Blockchain Committee
Tencent, Huawei and JD.com are among 71 companies the Communist Party of China has added to a new blockchain committee, which Beijing hopes will set standards for a national ledger. The catchily-named…
TikTok Founder Trials Resso, a Spotify Challenger
The parent company of social media platform TikTok has launched a brand it hopes will challenge Spotify in the online music streaming market. ByteDance, the Beijing-based startup whose success with TikTok, a…
More than Ever, Tech Giants Must Beware China’s Human Rights Record
This week, a fortnight after he mysteriously vanished, Beijing confirmed that it has detained Meng Hongwei, the President of Interpol. The move, which Human Rights Watch says shows that “no one’s immune…
Four Beijing-Based Unicorns You May Never Have Heard Of
In case you’ve been living under a very large, dark rock, you’ll know that Chinese tech is poised to take on the world – trade war or no. And while western headlines…
Former Apple Employee Charged for Stealing Self-Drive Tech
Federal prosecutors have charged a former Apple employee with stealing trade secrets associated with the company’s self-driving vehicle technology. Xiaolang Zhang stole the information on the same day he handed in his…
Alibaba-backed AI Startup SenseTime Bags Record $600m Funding Round
A Chinese artificial intelligence startup has just closed a funding round worth $600 million, which is the single largest venture investment in the burgeoning AI industry. SenseTime, a Beijing-based face and image…