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The crackdown on ride-hailing service Didi Chuxing by Chinese authorities has had consequences: several Chinese companies have canceled their IPOs in New York. China's government is making the clear statement that it wants more IPOs in Hong Kong instead.
By Redaktion Table
A new venture capital wave is on the rise in China: vegetarian meat substitutes. Since Buddhists already perfected meat and fish imitations centuries ago, China is serval steps of other countries in this area. This new food trend also offers several advantages for the government.
By Frank Sieren
Confucius Institutes around the globe are suspected of involvement in propaganda and espionage. In Japan, the Ministry of Education has even launched an official investigation. A fight with critics often take on bizarre forms, as the latest example in Slovakia shows, where the director of one of the institutes surprised with crude remarks.
By Marcel Grzanna
Despite the political confrontation between China and the US, Liang Hua, Chairman of the Board of Huawei, does not expect the world to split into two technological systems. He sees the fight against climate change as a major challenge. "Data centers need to become more power-efficient," Liang said in an interview with Frank Sieren. Huawei wants to score points here, especially with artificial intelligence and renewable energies. In the automotive sector, Huawei aims to become a tech partner, but does not plan own models, Hua said. In Europe, Huawei wants to in particular cooperate with small and medium-sized enterprises in the future.
By Frank Sieren