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Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. For years, companies like Oracle and International Business Machines invested heavily to build new markets in China for their industry-leading databases. Now, boosted in part by escalating U.S.
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Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. Huawei Technologies Co.
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The Shanghai Stock Exchange is poised to approve the first three listings on the city’s upcoming Technology Innovation Board, accelerating China’s pace of support for technology companies amid its escalating trade war with the US.
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Tim Culpan declared at Bloomberg that The Tech Cold War Has Begun after the Trump administration barred companies viewed as national security threats from selling to the U.S., and blocked U.S. companies from selling to Huawei specifically without explicit permission. Culpan writes:
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Chinese investors are increasingly turning away from U.S. tech startups and diverting money towards companies in Southeast Asia and India in the face of bilateral tensions, according to Edith Yeung, partner at Proof of Capital and advisor to 500 Startups.
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HONG KONG (Reuters) – Sequoia Capital China, widely viewed as a bellwether for Chinese tech investment, is set to lay off as much as 20 percent of investment staff as a slowdown in the country’s tech sector saps appetite for risk, said two people with knowledge of the matter.
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Mainland investors are racing to buy mutual funds linked to Shanghai’s new Nasdaq-style technology board in the expectation that these funds will have privileged access to upcoming initial public offerings, potentially enjoying handsome returns upon public trading.
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Leica spokeswoman says that video, which drew fire from online Chinese commenters, was not officially sanctioned by the company.
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China’s Luckin Coffee, a self-declared challenger to Starbucks, has raised US$150 million in its latest round of funding, which values the company at $2.9 billion, reports Reuters today.
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FILE PHOTO: Chairman of the Federal Communications Commission Ajit Pai speaks at the Conservative Political Action Conference (CPAC) at National Harbor, Maryland, U.S., February 23, 2018.
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Alibaba Group founder and billionaire Jack Ma again weighed in on the Chinese tech industry’s grueling overtime work culture on Sunday, this time calling enforced long hours “unsustainable.
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Editor Picks Entrepreneurship Startups What Kind Of World will China Lead? Posted On April 5, 2019 The Asian Entrepreneur Authors & Contributors 0 Share this An article in the Financial Times by Mike Moritz, a senior manager at Sequoia Capitalcalled “Silicon Valley would be wise to follow China
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One young couple who works in the tech industry have been trying for months to conceive a child but are too tired for sex on weekdays. / Illustration: Perry Tse/SCMP He is so focused on keeping his startup alive that he can’t sleep at night.
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Chinese video platform Bilibili today launched a convertible bond sale and a follow-on share offering that could net the company around US$621 million combined. Bilibili announced the fundraising but did not disclose detailed terms.
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