The move by the Cambridge University Press to censor over 300 articles from its China website is most likely only the beginning of more government-led curtailing, says associate professor Victor Shih, author of Factions and Finance in China: Elite Conflict and Inflation to Reuters. Shih himself had two article published at the site.
Author Zhang Lijia of Lotus: A Novel on prostitution in China discusses Buddhism, freedom and fun as part of the background for her book with Radii China. “Without the inhibition of writing in my mother tongue, I can take an adventure in my adopted language” .
After a killing domestic competition between Alibaba and Tencent, the fintech branches of both take their struggle international. Fintech analyst Matthew Brennan looks in TechNode at the strategies of Alipay and WeChat to conquer foreign markets.
Self-sufficiency in food has long been the mantra of China. But that is changing, as the country even imports rice from the US. Aging farmers, pollution and other challenges makes this change necessary, tells assistant professor Sara Shu, as the domestic production cannot be guaranteed.
State-owned companies are getting a stronger grip on the economy, at the expense of private capital, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, at the New York Times. The major investment of major tech firm in China Unicom was just the latest move.
Internet giant Tencent might be most known for its loss-making WeChat, but that chat tool is effectively used to generate revenue through gaming, says e-commerce expert Matthew Brennan on QZ. The company reported a stellar performance of the second quarter.
China’s consumers do not trust the food produced in their own country, after many food scandals. That could also be a great business opportunity, says business analyst Shaun Rein in Barfblog, who looked at Weinberg’s Inscatech — a global network of food spies.
Chinese companies are running for cover as president Xi Jinping’s powerplay is also hitting the economy. China regularly pulls the reins, when too much financial power is flowing outside the state economy, says renowned economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® in the Financial Times.
Internet giant Baidu has been under attack by Chinese internet users for medical ads. Former Baidu communication director Kaiser Kuo, defends his former company and says criticism has been unfair. Main Baidu problem: failing sales, he tells TechNode.