Facial recognition and the exchange of related data seems to meet little resistance in China, compared to Western consumers. Tencent observer Matthew Brennan sees some rubbles among the public, but indeed no big scale anxiety on facial recognition, he tells in Slate and dives into the different perceptions.
Category Archives: government
Despite desperate efforts by the government to push the events of June 4, 1989, at Tiananmen Square into collective amnesia, new documents have shed light on the events. Journalist Ian Johnson reviews the latest publication, The Last Secret: The Final Documents from the June Fourth Crackdown, for the NY Review of Books, and summarize what we have been learning over the past 30 years.
By blacklisting Huawei, the US started a new phase in the trade war, and China’s intention to blacklist US companies in retaliation does not really come as a surprise, says former US negotiator Harry Broadman to CNN Business.
Devaluating the Yuan and dumping US treasuries regular pop up as ‘nuclear options’ China has in its trade war with the US. Financial and political analyst Victor Shih explains why that might be a wrong idea. “These options are not credible, because they conflict with other important policy objectives of China,” he writes at the China File.
China has been checking its weaponry for the ongoing trade war and stopping the export of rare earths has been one of them. But China will have to be very selective in using this weapon, otherwise it might hurt itself more than the US, says economist Arthur Kroeber, according to CBS.
China’s Belt&Road Initiative (BRI) has been praised and criticized extensively, as the massive investment program moves on. The main problem of BRI is that it fell short of the Chinese characteristics that other foreign investment initiatives characterized, says investment analyst Harry Broadman in a column in the Financial Times.
The markets have given up trying to make sense out of the direction of the trade war between China and the US is taking. Economist Arthur Kroeber sees three possible scenario’s for the conflict but is hesitant to pick one, he says in Barron’s.
After decades of promises for China’s economic and financial opening up, foreign companies have been careful before they start cheering. But veteran economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, optimistic about the latest changes, he tells in an interview for the China Daily.
The main reason for the current tech winter in China was the flush of money that has hit the industry, especially by the government, says VC veteran William Bao Bean to the BBC. A re-structuring of China’s start-ups’ scene is long overdue and that is good news for investors, he argues.
US-president Donald Trump gave the financial market a hit this week by announcing a sudden increase of tariffs on Chinese goods, but veteran economist Arthur Kroeber still believes a trade deal could be done next month, he tells Bloomberg.