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Business & Technology

The top news stories, headlines, news roundups, and related content from the world of Chinese business and technology — part of the daily SupChina newsletter, a convenient package of China’s business, political, cultural, and society news delivered to your inbox for free. SupChina is your premier source for China news.

Why is Tencent investing in European fintechs?

A version of this article was originally published by KapronAsia, a Shanghai- and Singapore-based fintech consultancy. Tencent is stepping up its…

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Will the battle over Huawei kill globalization?

The U.S. and Europe are locked in an intense debate: Should a technology company’s country of origin determine whether its…

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Prepare to be underwhelmed: Mastercard makes a belated arrival in China

A version of this article was originally published by KapronAsia, a Shanghai- and Singapore-based fintech consultancy. Reform is coming to China’s…

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Chinese fintech giants expand across the Belt and Road

The fintech arms of Chinese internet giants Alibaba and Tencent have fought each other to a standstill in their home…

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Chinese blockchain is booming, but can the industry survive government support?

Much like its anti-corruption campaign, China's crypto crackdown is relentless. Beijing views decentralized digital currency as a conduit for money…

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Chinese automaker GAC Motors to sell cars in Israel

Israeli import company Orion Mobility said on Sunday that Chinese automaker Guangzhou Automobile Group Co, Ltd. (GAC) has started selling…

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The age of cooptation: The high cost of doing business in Xi’s China

SupChina illustration by Derek Zheng The cost of doing business in China today is a high one, and it is…

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Chinese AI company iFlyTek thrives despite techno-trade war

iFlyTek, a partially state-owned information technology firm specializing in artificial intelligence voice-recognition software, announced (in Chinese) on Monday that its…

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China’s State Grid is a sleeping artificial intelligence giant

The state-owned electric utility monopoly State Grid Corporation of China is the largest utility company in the world, ranking second…

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Buzzfeed’s election coverage tie-up with TikTok raises concerns about political censorship

Chinese-owned TikTok, currently facing a U.S. security probe, will be used by BuzzFeed to cover the 2020 presidential election. But…

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Luckin Coffee denies fraud allegations that sent stock price tumbling

Shares in Luckin Coffee plummeted by 11% on Friday after Muddy Waters Research, a China-focused short-seller research and investment firm,…

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‘We won’t last three months’: The businesses hit hardest by coronavirus

Of all the businesses impacted by the Wuhan coronavirus, those in the retail and restaurant industries have had it worst.…

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Can American Express really operate in China?

The U.S.-China phase one trade deal increases the probability that Beijing will soon grant Amex final approval to launch its…

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Was China’s $97 million settlement for Citadel Securities politically motivated?

Citadel Securities agreed to a whopping settlement from China’s financial regulator, while some domestic firms escaped with wrist slaps. What…

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SARS and what I learned about keeping a business running during a coronavirus epidemic

In the summer of 2002, I launched a startup company in Beijing with some friends. Our first employee was a…

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