Ride-hailing app Didi is under investigation and has been removed from app stores just days after its IPO in the latest crackdown on China’s tech industry that has also affected Alibaba, Tencent and Bytedance, writes Robynne Tindall. So what is Didi and what’s next for the app? Who or what is Didi? Didi, officially known as Didi Chuxing Technology co., is an online vehicle-for-hire-service. Its services include taxi-hailing, private car-hailing… …
big data
What does the new draft Personal Information Protection Law mean to international financial institutions asks Yang Xun of LLinks Law Offices China recently issued the draft Personal Information Protection Law (the “PI Law”), which, if adopted, will be the first comprehensive high-level legislation on personal information protections in China. It details the rules for collection, storage, processing, and disposal of personal information, clarifies a number of controversial issues such as security… …
Aidan Southall of law firm Potter Clarkson explains how companies can continue to protect their IP and trade secrets at a time when more employees than ever are working remotely The Covid-19 crisis has undoubtedly changed the way businesses operate for good. Nowhere is this more evident than in the shift towards remote working, which is clearly here to stay. In this rapidly changing commercial environment, businesses will need to… …
- CultureTechnology
Grassroots collaborations between China and the US aren’t completely doomed, explains Matt Sheehan, but they may provide an opening for the UK
by Paul Frenchby Paul FrenchMatt Sheehan spoke to Paul French about his book “The Transpacific Experiment,” which discusses interdependent socioeconomic exchanges in the field of tech. Matt Sheehan is a Fellow at the Paulson Institute’s in-house think tank. Based in the San Francisco Bay Area, he was formerly the China correspondent for The Huffington Post. His recent book “The Transpacific Experiment: How China and California Collaborate and Compete for Our Future” (Counterpoint, 2019) argued… …
By Tom Pattinson It’s very obvious and easy to criticise its all-seeing Social Credit System and wide use of facial recognition. There’s little doubt that Chinese citizens are always being watched and monitored, and that there’s a well enforced punishment and reward system in place to enforce it. So far so Orwellian. But in fact, speak to many Chinese citizens and they will tell you that the cost of paying… …
China has launched a national Social Credit System that takes data from multiple points to create a financial and social rating profile of individuals and companies. Tom Pattinson explains what it is and how it works: What is China’s Social Credit System? Back in 2014, the government of China announced a plan to implement a social credit rating system and started rolling out pilot programmes across the country with aims… …
The rise of artificial intelligence is going to bring about many changes in all of our lives, and a combination of China’s governmental support and Britain’s innovative companies will make the two nations sit at the forefront of those changes, write Tom Pattinson and Mark Hedley Artificial Intelligence (AI) has already infiltrated so much of our lives. The targeted ads that pop up on social media, the recommendations to buy… …
- Technology
The cool mountains, cheap power and government support are making Guizhou the tech centre of China
by CBBCby CBBCThe cool mountains, cheap power and government support are making Guizhou the tech centre of China Located in the remote land-locked mountains of Southwest China is Guizhou – one of China’s poorest provinces. Of its 38 million inhabitants, 36 percent are ethnic minorities, living in villages dotted across the mountainous landscape, where their lifestyle has barely changed for centuries. Although rich in natural resources (it has the fifth largest coal… …
- Technology
Facial recognition software is used across China’s retail sector but what about privacy laws?
New facial recognition technology is shaping China’s retail industry but it’s having to write the rules as it goes along, writes Jake Mendrik, Facial-recognition technology is central to the current Artificial Intelligence (AI) boom taking place in China. In recent months, three of the country’s vision-based solution start-ups have attained ‘unicorn’ status, with market valuation of at least USD $1 billion. No other country can claim to have a single… …