LONDON — Britain’s broadcasting regulator said on Thursday that it had withdrawn the license for China Global Television Network, an international news channel owned by a Chinese state broadcaster, to operate in the country in part because its affiliation with the Chinese Communist Party violates broadcasting laws. License holders must have editorial oversight over their content and […] Read more
GUANGZHOU, China — Alibaba reported profitability for its cloud computing business for the first time in a continued push to diversify its business beyond e-commerce as it faces regulatory scrutiny in China. The Chinese tech giant reported adjusted EBITA (earnings before interest, taxes, and amortization) of 24 million yuan ($3 million) for its cloud business in the […] Read more
FRANKFURT — Putting trade and business interests first has always been the German government’s mantra when it comes to the country’s relationship with China and Russia. With “Wandel durch handel,” which translates as “change through trade” in the case of China, German officials have effectively been trying to use its economic ties to push Beijing […] Read more
SINGAPORE — Vietnam is likely the top-performing Asian economy in 2020 — a feat that was achieved without a single quarter of economic contraction at a time when many economies globally were weighed down by the coronavirus pandemic. Not every Asian economy has reported fourth-quarter and full-year economic numbers. But estimates compiled by CNBC from […] Read more
Goldman Sachs has named the Chinese stocks to buy in order to cash in on the country’s “clean tech revolution.” The bank’s analysts described this year as an “inflection point” for clean energy in China, and estimated that the country’s ambition to become carbon neutral by 2060 was a $16 trillion investment opportunity. Off the back […] Read more
Google believes that hackers in North Korea are pretending to be cybersecurity bloggers and targeting researchers in the field on social media platforms like Twitter and LinkedIn. The search giant announced that its Threat Analysis Group has “identified an ongoing campaign targeting security researchers working on vulnerability research and development at different companies and organizations.” It […] Read more
Chinese President Xi Jinping on Monday urged the international community to put their differences to one side, warning that history has shown countries that choose to go it alone “will always fail.” Speaking via videoconference as he addressed the annual World Economic Forum, Xi discussed global challenges such as the coronavirus pandemic and the climate […] Read more
Facebook on Thursday announced that it will refer its decision to indefinitely suspend the account of former President Donald Trump to its newly instituted Oversight Board. The independent body, which has been described as Facebook’s “Supreme Court,” will review the decision to suspend Trump and make a binding decision on whether the account will be reinstated. Until a […] Read more
The Chinese government slapped sanctions on former Secretary of State Mike Pompeo, former National Security Adviser Robert O’Brien and former trade adviser Peter Navarro, along with other members of the Trump administration Wednesday. The move came after Joe Biden was sworn in as 46th president of the United States. “Over the past few years, some […] Read more
On his way out the door, Secretary of State Mike Pompeo lashed out anew at China on Tuesday by declaring that its policies on Muslims and ethnic minorities in the western Xinjiang region constitute “crimes against humanity” and a “genocide.” The rarely used designation is sure to provoke an angry response from Beijing. Pompeo made […] Read more
