From now on, French civil servants are no longer allowed to have TikTok, Twitter, Instagram and Netflix on their work phones. As an explanation, reference is made to insufficient data security and protection. The ban will take effect immediately, the French authorities report. France joins a growing list of countries […]
The Chinese government has, at least temporarily, stopped its major investments in its own chip industry. The country is suffering from many corona infections, which puts pressure on the world’s second-largest economy and public finances. According to sources from the Bloomberg news agency, talks are underway about definitively phasing out […]
The German Ministry of Foreign Affairs wants to introduce strict rules for companies that do intensive business with China. This is stated in a confidential document that the Reuters news agency has seen. With the proposed measures, Chancellor Olaf Scholz wants to reduce dependence on China further. The draft document […]
TikTok’s parent company, ByteDance, suffered a billion-dollar loss last year. The Chinese tech group behind the popular movie app grew rapidly but also spent a lot on marketing and developing new features. The Wall Street Journal reports this based on an internal report from the company. The operating loss in […]
The Chinese government has reprimanded or fired more than 25 education officials after investigating that drawings in math books portrayed Chinese children as “ugly.” The Ministry of Education said in a statement Monday that the drawings “did not meet the fundamental requirements of a moral education.” “The general style of […]
A Chinese-backed group of attackers has used ransomware as a distraction for their espionage. That’s what security guard Secureworks says. Secureworks highlights the work of the group, which the company calls Bronze Starlight, in a new report. The group has been in existence since mid-2021 and is said to […]
Chinese stock markets were up on Monday. Investors appear to be confident that the further lifting of the corona measures in Beijing will lead to a rebound in economic activity. Investors came back from a long weekend. Stocks related to the electric car industry were especially among the winners. […]
The crash of a China Eastern Airlines passenger plane in March, which killed 132, may have been caused intentionally, according to the Wall Street Journal. Flight data would indicate that someone in the cockpit of the Boeing 737-800 deliberately crashed the plane and entered commands into the steering system, […]
Chinese export growth slowed to its lowest level in nearly two years in April due to the severe corona lockdowns in Shanghai and other parts of the country. Partly due to factory closures and supply chain problems, the growth in Chinese goods exports slowed last month to 3.9 percent […]
Chinese economy growth slowed in March due to a resurgence of the coronavirus. Consumption, among other things, declined due to strict lockdown measures and the consequences of the war in Ukraine, which points to a worsening outlook. However, the Chinese economy also grew faster in the first quarter than […]
