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China's tech terror means the end of the economic miracle

China’s tech terror means the end of the economic miracle
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By Ambrose Evans-Pritchard
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Beijing would like us to believe that the great purge of China’s technology sector is akin to Teddy Roosevelt’s subjugation of the US robber barons a century ago.
Roosevelt’s trust busters confronted the Rockefellers and JP Morgans of the era, breaking up Standard Oil, US Steel and the railway monopolies. His Square Deal is the best known of America’s episodic responses to overweening and abusive corporate power, each aimed at preserving the country’s Jeffersonian spirit and preventing the rise of an entrenched oligarchy. ....

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What if US delists Chinese firms?

What if US delists Chinese firms?
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What if America delists Chinese firms?

What if America delists Chinese firms?
Jul 27,2021 - Last updated at Jul 27,2021
NEW YORK Chinese firms are more enthusiastic than most about listing on US stock exchanges. Currently, 250 of them, including companies that are registered in Hong Kong or offshore centres but derive most of their revenue and profits from mainland China, trade on US equity markets. But a recent flurry of official measures in both China and the United States suggests that the two governments are not keen on Chinese firms retaining their US listings. If push comes to shove, how would delisting hurt either country?
The latest controversy concerns the dominant Chinese ride-hailing platform Didi Global (partly owned by Uber), which on June 30 raised $4.4 billion in a successful IPO on the New York Stock Exchange. Within 48 hours, the Cyberspace Administration of China (CAC), citing a suspected data-security breach, announced that it would restrict the company’s ability to sign up new users. ....

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Western investors are 'road kill' in China's war against its own tech giants

Western investors are 'road kill' in China's war against its own tech giants
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What if America delists Chinese firms?

What if America delists Chinese firms?
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