Showing 1-5 of 5 results
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What's wrong with China's national champions?
News, Adam Minter, Published on 05/03/2019
» A year ago, Didi Chuxing Inc, China's largest ride-sharing company, looked like a quintessential "national champion". It had driven Uber Technologies Inc from the local market, attracted investment from Apple Inc and was contemplating a Hong Kong IPO worth as much as US$80 billion (2.5 trillion baht). State media coverage was fawning, government support was all but assured and the company's near-monopoly looked unassailable.
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Old phones may pose a 'security risk'
News, Adam Minter, Published on 12/11/2018
» That obsolete smartphone stashed away in a drawer or closet may not look like a national security risk, but the Trump administration is contemplating treating it as one.
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Future lies with electric two-wheelers
News, Adam Minter, Published on 15/10/2018
» Given recent market turmoil, it would easy to overlook the upcoming IPO of Niu Technologies, a Chinese manufacturer of electric mopeds. The US$95 million the company plans to raise is a pittance compared to the billions burnt by Tesla Inc. But the technologies developed by Niu and other pioneers of electric two-wheel vehicles will transform transportation as much as anything dreamed up by the likes of Elon Musk.
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Grindr holds a mirror to China's subtle evolution
News, Adam Minter, Published on 11/09/2018
» Grindr, the world's largest gay social-networking site, told the Shenzhen stock exchange recently that it plans to IPO overseas. Its owner, Beijing Kunlun Technology Co, a games developer, didn't give a date or location. But the announcement revived concern in the gay community locally and worldwide about the app's Chinese ownership.
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Malaysia grows sceptical about Chinese investment
News, Adam Minter, Published on 09/05/2018
» Chinese President Xi Jinping won't be on the ballot when Malaysians vote for a new government today. But he is on election billboards. Although it's probably not a role that Mr Xi would've chosen for himself, China's influence on Malaysia's economy has become one of the most bitterly contested issues in a bruising campaign.
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