“My work is always about movement, about migration,” the Chinese figurative painter Liu Xiaodong has said. Liu, who is based in Beijing, spent nearly a month in June 2019 portraying Chinese expats in London for a series called New England, recently pub…
China Bans All New Video Games
JustAnotherOldGuy writes: Chinese authorities have banned all new video games from being released indefinitely, as the government attempts to tackle what it calls gaming addiction in the under-18s. The suspension was revealed at a meeting with game com…
Indonesian Intelligence Agency Compromised in Suspected Chinese Hack
Chinese hackers have breached the internal networks of at least ten Indonesian government ministries and agencies, including computers from Indonesia’s primary intelligence service, the Badan Intelijen Negara (BIN). From a report: The intrusion, discov…
Is it so bad to take money from Chinese venture funds?
China is the second-largest source of venture capital in the world, and Chinese investors can bring value to foreign startups, but you need to study their expertise and how it can be useful for you.
Extra Crunch roundup: China’s new data privacy law, fractional farming, debt vs. equity
China’s first data privacy laws go into effect on November 1, 2021. Will your company be in compliance? Modeled after the EU’s GDPR, the new regulations “[introduce] perhaps the most stringent set of requirements and protections for data privacy in the world,” writes Scott W. Pink, special counsel in O’Melveny’s Data Security & Privacy practice. […]
“techno-authoritarian superpower” (with chinese characteristics)
China and Big Tech: Xi’s blueprint for a digital dictatorship [ungated] – “By controlling a huge volume of data, Beijing is conducting a grand experiment in 21st century authoritarian governance.” The Chinese control revolution: the Maoist echoes of Xi…
What China’s new data privacy law means for US tech firms
Modeled after the EU’s GDPR, China’s PIPL imposes protections and restrictions on data collection and transfer that companies both inside and outside of China will need to address.
Investors are doubling down on Southeast Asia’s digital economy
Southeast Asian tech companies are drawing the attention of investors around the world. In 2020, startups in the region raised over $8.2 billion, about four times more than they did in 2015.
UK negligent in failure to stop customs fraud, says senior EU lawyer
Non-binding opinion says UK allowed criminal gangs to flood Europe with cheap Chinese-made clothesA senior EU lawyer has concluded that the British government was negligent in its failure to tackle customs fraud that allowed criminal gangs to flood Eur…
Property market rocked as giant Evergrande struggles to repay $300bn debts
Shares in Hong Kong-listed firm slump 10% and bond trade suspended amid fears for shaky Chinese real estate marketShares in the embattled Chinese property giant Evergrande have slumped again after two credit downgrades in two days amid concerns that it…