Jul 24, 2021 06:30 PM

Weekly Must-Read: Five Ways AI Will Put China Ahead

# Weekend Long Read #

Kai-fu Lee: Five Ways AI Will Put China Ahead

China is well-poised to maintain its position as the world’s factory by virtue of its advantages in big data, AI, automation and intelligent production capacity, writes Kai-fu Lee

# Cover Story #

The Rocky Path Facing Chinese Companies Tapping U.S. Markets

New requirements for government cybersecurity reviews in proposed IPOs adds to headwinds for tech companies seeking foreign share sales

# Finance #

Exclusive: China’s Fintech Giants Get Until End 2022 to Overhaul Credit Reporting Business

Regulators are in talks with the companies to come up with a ‘compliant’ business model, PBOC source says

Five Things to Know About How China Is Tackling ‘Too-Big-to-Fail’

New rules will require financial institutions to write living wills detailing how they will cope in the event of a crisis

In Depth: Why Hong Kong Could Gain From China’s Foreign Share-Sale Crackdown

Under Beijing’s new cybersecurity rules for shares issued abroad, HKEX doesn’t count as a ‘foreign’ exchange, making it more of a draw for tech companies

# Energy Insider #

China’s National Carbon Market Debuts With Turnover of 4.1 Million Tons

China opens coal reserves to ease tight supply as output falls in June; first-half steel production rises 11.8%; China-built solar farm in Singapore starts operation

# Business & Tech #

Didi Probe Has Domino Effect on China Tech’s Overseas IPO Plans

Chill has spread throughout the sector, as tough new regulations appear on the horizon

In Depth: Huawei’s Plan to Snatch Alibaba’s Cloud Crown

The beleaguered tech giant has a host of advantages that make its ambition feasible, but Alibaba isn’t about to roll over

Huawei chart-2

In Depth: What’s Darkening the Skies for China’s Cloud Kingpins

Domestic clients turning into competitors and the encroachment of foreign giants are threatening the sky-high growth of Alibaba, Tencent and Huawei’s cloud businesses

# Opinion #

Editorial: Economic Rationality Should Be the Priority in Hosting Global Sporting Events

As the shadow of Covid-19 lingers, the Tokyo Olympics will set an important example for the Beijing Winter Olympics

# China #

Ex-Evergrande Executive Charged With Attempted Rape in Hong Kong, Lawyer Says

Chen Fen, the real estate giant’s former deputy general manager in the city, stands accused of trying to rape a woman on March 2

Torrential Rains and Flooding Leave 25 Dead in Central China

Floodwaters swamp a train and subway station in Henan province’s capital Zhengzhou, forcing a rescue operation


Central China Rains Wreak More Havoc



#China Chat#

What’s after Didi?

In the China Chat 07, we discussed the future of China’s internet companies with IT industry expert Hu Yanping and Caixin senior ICT reporter Qian Tong. Click here to know more.

# Podcast #

China Tech’s U.S. IPO Woes

The obstacles facing Chinese companies hoping to list on U.S. stock exchanges; what the EU’s planned carbon tax could mean for China; and troubled giant HNA faces billions of dollars in debt claims involving 60,000 retail investors

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