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
Many older Chinese feel left behind by the country's rapid digitization. China's government wants to close the "digital divide" between young and older people by 2022. This means more social integration, but also more consumption – and thus follows the logic of the 14th Five-Year Plan. For companies, at any rate, the target group of senior citizens is a long underestimated growth market.
By Frank Sieren