China

A set of guidelines drafted in November to restrict tech giants has been fully published, exerting new pressure on Chinese eCommerce.

The short-form video platform aims to raise as much as $5.4 billion with its initial public offering later this year.

With the world economy upended in 2020, new investments into US companies plunged by almost 50% while China soared.

The Alibaba founder’s disappearance after sparring with Chinese authorities sparked rumours over his whereabouts.

Since condemning China’s regulatory system in an October speech, the billionaire has vanished from public life.

Far from business as usual, US billionaire wealth has grown by a full third since January.

The Chinese tech giant boasted eye-popping sales, but the event was overshadowed by looming anti-monopoly regulations.

Jack Ma’s fintech unicorn has had its record-breaking initial public offering halted after a meeting with Chinese authorities.

After falling behind Huawei earlier this year, resurgent sales have boosted Samsung back to the apex of the global smartphone market.

The world’s largest fintech unicorn could join Huawei and ByteDance on the Trump administration’s “Entity List”.

The WTO’s final two candidates for leadership are Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee.

The extension of the companies’ partnership will see Huawei equipment replaced across the UK’s 5G network.