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Chinese President Xi Jinping

China looks at 'rejuvenation' through tighter control over tycoons, society

Sep 08, 2021

Since taking power in 2012, Xi has called for the party to return to its “original mission” as China's economic, social and cultural leader and carry out the "rejuvenation of the great Chinese nation"

Tencent Holdings (Source:Reuters)

China targets WeChat, 42 other apps for violating data transfer rules

Aug 18, 2021

The apps included Tencent Holdings Ltd's WeChat along with other apps from Alibaba Group Holding Ltd and travel giant Trip.com

Joe Biden revokes TikTok ban in US, signs new executive order to protect US information

Jun 10, 2021

Former US President Donald Trump had signed a series of executive orders to block apps that are owned by Chinese companies including TikTok, Alipay, CamScanner.

The Biden administration's move reflects the ongoing concern that Americans' personal data could be exposed by popular apps tied to China

US President Joe Biden revokes Trump orders attempting to ban TikTok, WeChat

Jun 09, 2021

A new executive order directs the Commerce Department to undertake what officials describe as an "evidence-based" analysis of transactions involving apps that are manufactured or supplied or controlled by China

To buttress its core gaming division, the Shenzhen-based company has also stepped up acquisitions and the development of casual games

Tencent focusses on core businesses as ByteDance makes sizeable inroads

Feb 09, 2021

Rapidly growing ByteDance, the owner of TikTok and the similar Chinese short video platform Douyin, has made sizeable inroads into business areas Tencent holds dear - including ads, gaming, livestreaming, social media and office software

PayPal becomes first foreign company in China with full ownership of payments business

Jan 14, 2021

In taking full control of one of the smaller players in the world's largest payment market, PayPal will compete with domestic payments giants Alipay, owned by Alibaba-affiliated Ant Group, and WeChat Pay

Trump orders ban on Chinese apps including WeChat Pay, Alipay and more

Jan 06, 2021

US President Donald Trump has signed an executive order to ban Chinese apps including Alipay, WeChat Pay and other apps owned by China-based companies

Ministry of Electronics and Information Technology (MeiTY), has issued an order under section 69A of the Information Technology Act blocking access to 43 Chinese mobile applications

India blocks access to Ali Express, 42 other Chinese apps; see full list

Nov 24, 2020

Earlier on June 29 and September 2 this year, the government had blocked over 200 apps including some popular apps and games such as TikTok, WeChat, PUBG, to name a few

The largest such trial to date in China has been hailed by analysts as a step forward for Beijing

China's giant leap in digital currency with $1.5 million Shezhen pilot

Oct 19, 2020

Online wallet was accessible via an app, without need for an existing bank account, with payments accepted via smartphone scans in downtown outlets in China's fourth-biggest city, from luxury goods retailers to snack stores

Under the law, China can take reciprocal measures toward countries or regions that abuse export controls and threaten its national security and interests

China passes new law restricting sensitive exports; cites national security

Oct 19, 2020

The law, which will apply to all companies in China will take effect on December 1

TikTok and WeChat ban violates WTO rules, says China

Oct 07, 2020

China says that the US banning two of its mobile apps -TikTok and WeChat violates the rules set by WTO.