Category: Tencent

Alibaba Opens Up Apps to Support Rival’s Payment Service Under Beijing’s Scrutiny

Analysis   China’s largest internet corporations are decimating their walled-off ecosystems amid Beijing tightening regulations on its tech giants. The latest instance came when Alibaba Group allowed rival Tencent’s payment system to be integrated with some of its apps this week.  Such practices have come under scrutiny from Chinese regulators, which have launched new rules…


Aussie Pension Funds Invest $1Bn in China Techs Accused of Human Rights Violations

A human rights organisation has revealed that Australia’s largest super funds have invested over $1 billion (US$729 million) of Aussies retirement savings into China-based tech companies accused of aiding the Chinese Communist Party’s (CCP) persecution of Uyghurs and other minority groups. Hong Kong Watch (HKW) has urged AustralianSuper and the state-owned Commonwealth Superannuation to divest…


In Fresh Regulatory Move, China Tells Tech Giants to Stop Blocking Rivals’ Links

BEIJING—China fired a fresh regulatory shot at its tech giants on Monday, telling them to end a long-standing practice of blocking each other’s links on their sites, or face consequences. The comments, made by the Ministry of Industry and Information Technology (MIIT) at a news briefing, mark the latest step in Beijing’s broad regulatory clampdown…


How China Plans to Target America’s Youth

Commentary The Chinese regime is using video games, the virtual equivalent of opium, to spread powerful, carefully crafted propaganda. Beijing just issued a new set of rules for the country’s gamers: From Mondays to Thursdays, children under the age of 18 are forbidden from playing online video games. Instead, they will be allowed one hour…


Hedge Fund Manager Warns About Beijing ‘Looting’ Tencent

A hedge fund manager is sounding the alarm to investors about the Beijing regime’s appropriation of profits from Chinese internet giant Tencent, a significant holding of the CPPIB


Dozens of China Apps Warned Over Breaching Data Transfer Rules

China’s Ministry of Industry and Information Technology (MIIT) reported 43 apps on Wednesday for illegally transferring user data, warning companies to fix the issue within a week. The illegal behavior included transferring users’ location and contacts, and harassing users with pop-up windows, according to a MIIT statement. The ministry said if the 43 apps, that included…


China’s Crackdown on Tech Companies Should Be a Warning Taken Seriously: Expert

U.S. investors and companies need to learn a lesson from Beijing’s recent crackdown on Chinese tech companies, warned Riley Walter, deputy director of the Japan Chair at the Washington-based think tank Hudson Institute. “Beijing doesn’t want these tech companies’ power to rival that of their own,” Walter said in a recent interview with NTD, an…


China’s Crackdown on Tech Companies Is a Warning to US Investors: Expert

U.S. investors and companies need to learn a lesson from Beijing’s recent crackdown on Chinese tech companies, warned Riley Walters, deputy director of the Japan Chair at the Washington-based think tank Hudson Institute. “Beijing doesn’t want these tech companies’ power to rival that of their own,” Walters said in a recent interview with NTD, an…


Riley Walters: Chinese Tech Companies Getting ‘The Heavy Hand’ From Beijing

The Chinese Communist Party is reining in its tech companies. But is it for control, finance, or politics? We speak with Riley Walters, deputy director of the Japan Chair at the Hudson Institute. He is an expert on macroeconomics. We learn more about the reason why Chinese leader Xi Jinping and his government would want…


China’s ‘Anti-Addiction System’ Is Just a Political Tool to Profit From the Gaming Industry

Commentary The Economic Information Daily, a subsidiary of Chinese state-run media Xinhua News, published a report on Aug. 3 that heavily criticizes Tencent Holdings’ flagship game “Honor of Kings.” Tencent has throughout the years been bending over backwards to adhere to Beijing’s regulations for online games, but now the company is in hot water. This…