China ‘plans to ban’ US IPOs for data-heavy tech firms – business live | Business

[ad_1] China Securities Regulatory Commission officials said that companies with less sensitive data, such as those in the pharmaceutical industry, are still likely to receive Chinese regulatory approval for foreign listings, according to the people. The new rules are likely to help Beijing exert more control over the complex corporate structure that China’s biggest tech … Read more

China bans celebrity rankings in bid to ‘rectify chaos in the fan community’ | China

[ad_1] Chinese authorities have banned online lists ranking celebrities by popularity, as regulators continue a drive to “clean up” fame and fandom culture. According to regulations published in state media, all existing lists that rank Chinese stars must also be removed from the internet. Only lists that rank works such as songs, films and TV … Read more

Kamala Harris’s south-east Asia trip reveals limits of US strategy | US foreign policy

[ad_1] In October 2013, as the former US president Barack Obama had to cancel his four-nation tour of south-east Asia due to the congressional impasse at home, China’s president Xi Jinping, instead, made the news headlines across the region. On that trip to Indonesia, Xi proposed to set up an Asian infrastructure investment bank to … Read more

Hong Kong police investigate organisers of Tiananmen Square vigil | Hong Kong

[ad_1] Hong Kong’s national security police are investigating the organisers of a vigil commemorating the Tiananmen Square massacre for alleged foreign collusion offences. Chow Hang-tung, the vice-chair of the Hong Kong Alliance in Support of Patriotic Democratic Movements of China, said authorities had written to core members of the longstanding group demanding information related to … Read more

Revisited: the danger – and beauty – of ultrarunning | News

[ad_1] This week we are revisiting some of our favourite episodes from the year so far. This episode was first broadcast on 8 June. To most people, the horror of 21 lives being lost during a race across 100km in a Chinese mountain range will have been amplified by how obscure the sport seems to … Read more

US intelligence study inconclusive on Covid origins, according to reports | Coronavirus

[ad_1] A classified US intelligence report delivered to the White House was inconclusive on the origins of the Covid-19 pandemic, in part due to a lack of information from China, according to US media reports. The assessment received on Tuesday, which was ordered by President Joe Biden 90 days ago, was unable to definitively conclude … Read more

Meng Wanzhou: ‘princess of Huawei’ who became the face of a high-stakes dispute | Huawei

[ad_1] Until she was detained at Vancouver airport in December 2018, Meng Wanzhou was not a household name. But the 49-year-old Huawei executive has now become the face of a high-stakes trilateral dispute between China, Canada and the US. On Wednesday a marathon extradition hearing wrapped up in Vancouver, after months of legal arguments over … Read more

The party’s over: China clamps down on its tech billionaires | Chinese economy

[ad_1] In a Politburo group study session on 23 November 2015, China’s president, Xi Jinping, recommended the book Capital in the Twenty-First Century by the French economist Thomas Piketty. “The rich data he used demonstrated that … unrestrained capitalism accelerates wealth inequality … [His] conclusion is worth us pondering on.” Back then, Piketty’s work on … Read more