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German staffer in EU parliament arrested on China spying charges

Employee of far-right AfD’s lead candidate is latest figure to be accused of passing information to Beijing

FT
@FT
- 3 giorni ago

New Tesla Plant to Charge Up China’s Electric Car Market? Not So Fast

Bottom line: Cars from Tesla’s Shanghai Gigafactory could pose a short-term challenge to luxury brands like Audi and BMW, and could help to revive the nation’s flagging NEV market longer-term if they move into more affordable terrain. This week I’m taking a few steps outside my usual comfort zone and exploring the high-tech realm of […] The post New Tesla Plant to Charge Up China’s Electric Car Market? Not So Fast appeared first on Business China : news for investors in China.

INTERNET: Facing Stiff Competition, the Twitter-Like Weibo Looks to ‘Oasis’ for Relief

Bottom line: Weibo and its stock could remain under pressure for some time to come, potentially a long time if its new Oasis platform doesn’t provide the kind of relief that it is hoping for. With corporate earnings in the spotlight, I’ve decided to zoom in this week on the Twitter-like Weibo (Nasdaq: WB), following the […] The post INTERNET: Facing Stiff Competition, the Twitter-Like Weibo Looks to ‘Oasis’ for Relief appeared first on Business China : news for investors in China.

WeChat’s Hubris Could Open the Door to Needed Competition

Bottom line: WeChat’s growing hubris, reflected by increasingly aggressive content filtering, could open the door to a more user-friendly competitor. These days the following exchange seems to happen with growing frequency at companies around China. Person 1, yelling across the office: “Did anyone see my message about [insert name of any random subject]?” Colleague, yelling […] The post WeChat’s Hubris Could Open the Door to Needed Competition appeared first on Business China : news for investors in China.

Offshore China Tech IPO Wave Should Peter Out by Next Year

Bottom line: The current wave of US and Hong Kong IPOs by Chinese tech firms may still have some power, but should peter out by the first quarter of next year. I’ve been trying for quite some time to call the end of the current wave of China tech IPOs, which is the longest I […] The post Offshore China Tech IPO Wave Should Peter Out by Next Year appeared first on Business China : news for investors in China.

INTERNET: Baidu Removes Millions of Ads, Shutters Travel Site

Bottom line: Baidu’s massive ad cleanup in May and shuttering of a site for travelers reflects ongoing pressure on its core ad-dependent search business while spotlighting its inability to branch into non-search areas. Search giant Baidu (Nasdaq: BIDU) is in a couple of headlines as we head into the latter part of the week, reflecting […] The post INTERNET: Baidu Removes Millions of Ads, Shutters Travel Site appeared first on Business China : news for investors in China.

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