News
China has bought into ByteDance, the publisher of the video app TikTok – with now presumably far-reaching veto power. The debate over the influence of the Chinese leadership over the popular app is now likely to flare up again.
By Redaktion Table
Chinese tech stocks recovered on Thursday. But investors remain skeptical whether the worst is over. Beijing announced its intention to further regulate the sector with a major campaign over the next six months.
By Redaktion Table
Three-quarters of Chinese freight traffic is transported by truck. Companies entrust their goods to truck drivers over thousands and thousands of kilometers – the industry is booming. However, things are looking less good for the people behind the wheels. Truckers are coming under increasing pressure from regulations and digitalization.
By Nico Beckert
They are arch-rivals and seal off their platforms from each other: China's tech giants Alibaba and Tencent. But now Beijing is getting serious about the fight against digital monopolies. For better or worse, the two will have to cooperate. Alibaba made the first step and now applied for a mini-program on Tencent's mega app WeChat for its online store Taobao Deals. What does Beijing's action mean for the private platform economy in the People's Republic?
By Christiane Kuehl
Tencent's WeChat Pay and Alibaba's subsidiary Alipay dominate the market for digital payment systems in China. Now Douyin, the Chinese version of TikTok, tries to shake up the market with its own e-wallet. The payment service will be launched at the Chinese television's New Year's Gala, the gala with the most worldwide viewers. This is in the interest of the Chinese government, which wants to prevent too much power concentration of individual providers in financial services.
By Frank Sieren
Apps have become indispensable in digital life: WeChat, TikTok, Alipay and many more. However, due to geopolitical and socio-cultural differences, many Western countries oppose the use and distribution of apps made in China. The U.S. puts TitTok and WeChat on its blacklist in terms of time. In the People's Republic, QR codes, facial recognition, digital health certificates & credit cards have become an integral part of everyday life. From TikTok & WeChat on the US blacklist to data protection regulations to technological advances - all China apps news from the Table.editorial team!