US sell-or-ban law against TikTok stirs unease in China as Beijing, social media giant ByteDance stay mum on next moves

An article published by the Beijing Daily, the official newspaper of the Chinese Communist Party’s Beijing Municipal Committee, said the measure against TikTok is tantamount to a “robbery” that would “completely destroy American national credibility, which is already flawed”. United States President Joe Biden speaks after signing into law the foreign aid bill and a … Read more

China’s ‘two sessions’: Xi Jinping tells scientists to fight the tech battle well

“[We should] improve basic research and apply basic research to fight the battle well for key technologies and cultivate new drivers of intellectual productivity,” Xi said. He also asked for “pragmatic” advice from the country’s top scientists on making reforms to the system – including how to develop talent – and better use of incentives … Read more

Chinese chip maker cleared of spying charges in US criminal trade secrets case

Chesney concluded that US prosecutors failed to prove that the Chinese state-sponsored company misappropriated proprietary data from Micron Technology Inc., American’s largest memory-chip maker, that allegedly passed through Taiwan’s United Microelectronics Corp. in a manufacturing deal with Fujian Jinhua. 02:05 China imposes restrictions on US chip maker Micron, escalating tech war China imposes restrictions on … Read more

China’s securities regulator raises suspicion of financial fraud committed by chip developer Beijing Zuojiang Technology

The China Securities Regulatory Commission (CSRC) said it found the 2023 financial disclosures of Shenzhen-listed Zuojiang to be “seriously untrue” and “suspected [the company] of significant financial fraud”, according to the agency’s statement on Monday about the results of its preliminary investigation. The CSRC said its investigation, which was initiated on November 24, was still … Read more

Chinese Premier Li Qiang urges manufacturing firms to ‘spare extra money’ for R&D investment

“If manufacturing companies want to stand firm in a competitive market, they must spare extra money on research and development,” Li said in a statement, according to the official Xinhua News Agency. China plans to turn hi-tech lab innovations into globally competitive goods China is endeavouring to shift its traditional economic model of mass production … Read more

China remains a tough market to stage a comeback for world’s former top smartphone vendor Samsung

This article was first published by The Korea Times in a partnership with the South China Morning Post. A resident of eastern Jiangsu province, 48-year-old Shen Ling used to own a number of Samsung Electronics smartphones in the 2010s, attracted by the devices’ well-designed appearance and popularity among consumers across mainland China. “It was once … Read more