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china: China's slow AI roll-out points to its tech sector's new regulatory reality

Once known for a cutthroat, "race to market" spirit particularly in the consumer internet sector, companies are slowing down to toe the line and take their cues from Beijing. The previously free-wheeling industry is now seen to be largely compliant, with firms from Alibaba to Tencent making over their businesses, slowing down expansion into new areas and laying off thousands of staff. ....

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China unveils wish list to boost big tech, economy amid US curbs after ending probe into platform companies

China’s top economic planner on Wednesday endorsed projects by 10 leading internet giants, including Alibaba, Tencent and Meituan, ending a two-and-a-half-year investigation into platform companies. ....

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Beijing's regulatory crackdown wipes $1.1tr off Chinese Big Tech

Investors are now hoping the strict rules that stymied growth since late 2020 will start to ease ....

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Beijing Commends Alibaba, Douyin, Other Chinese Companies for Tech Development

China's planning agency has acknowledged the efforts of Alibaba, Meituan, Tencent, and other firms for improving the tech progress in the country. ....

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EVs' Silent Roar As Real Estate Receives Further Support

Asian equities were higher as Taiwan, South Korea, and Australia outperformed.

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