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China.Table

China's diet plan for data hunger

The increasing number of IPOs of Chinese companies abroad is apparently a thorn in Beijing's side. Officials claim that there is great concern that foreign powers - for example in the US - could access their collected data. It is not yet clear whether the tightened rules are about a power struggle between the state and the private sector, or whether the state is actually committed to protecting its citizens' personal data. It's quite possible that both is true.

By Frank Sieren

Attack on the chip giants

China, which has been sanctioned by the USA, wants to become more independent of foreign countries in the field of semiconductor technology and is already putting its money where its mouth is. In the past five months alone, it has raised a total of six billion US dollars for new investments in the sector. While China is quick to implement and create capacity, it is technically lagging behind South Korea, the island of Taiwan and the US. The auto industry is watching the semiconductor arms race closely.

By Frank Sieren