Art Market Overview: a New Record for Chu Teh-Chun
Chu Teh-Chun is now seventh in the Artprice 2021 rankings, just behind his fellow citizen Zao Wou-Ki.
Chinese
Germany increases scrutiny on telecom network vendors, aims to keeps Huawei out
While Britain has banned Huawei, France is likelly to informally exclude it, and Germany aims to effectively strangle it in red tape.
Not Playing ‘By The Same Rules’ Could Be Costly For Chinese Firms Listed In The U.S.
U.S. listed Chinese companies’ non-compliance to U.S. accounting and disclosure standards poses significant risk to investors.
Britain prepared to offer path to citizenship to 3M Hong Kong residents
Britain would extend the rights of 350,000 ‘British National Overseas’ passport holders.
Baidu Could Also Be Another Corporate Victim Of Covid-19 Outbreak
Covid-19 outbreak could collapse Baidu’s Q1 revenue by thirteen percent.
Huawei’s research arm Futurewei Technologies slashes U.S. workforce
More than 600 people have been layed off by Futurewei.
China’s HNA facing deep liquidity crunch
HNA’s liquidity crunch is having a rippling effect across its business in the conglomerate.
Facial recognition technology is getting massive funding in China
Global investors, including U.S. hedge funds, are increasingly cashing-in on China’s demand for increased state surveillance through smart CCTV cameras that can track and monitor suspects, including dissidents and activists, with a disregard for individual’s rights. As far as the business side of things are concerned, according to IHS Markitt, China’s surveillance industry grew by an annual compound rate of 12.4% and is set to maintain this neck-breaking-pace upto 2021.
China-backed Canyon Bridge manages to buy British tech company in its bid to gain advanced chip design knowhow
U.S. antitrust authorities had barred China-backed Canyon Bridge from acquiring U.S.-based Lattice Semiconductor Corp citing national concerns.
Hackers used infected versions of Piriform’s CC Cleaner to gain corporate secrets
Users of CC Cleaner are advised to re-download the clean version of the app from Piriform’s website.
