Friday, July 30

Xi Jinping

China, Didi, Negocios, Noticias, Xi Jinping

Chinese government harshly intervenes on DiDi | Digital Trends Spanish

The Government of China does not want to give any centimeter of advantage to DiDi. This Friday it was found that the Cyberspace Administration (CAC) of Xi Jinping's mandate accessed the offices of the mobility company en masse to review their organizational structures. All this after the transport company went public in New York, which provoked the suspicions of the Communist Party of the Asian giant. In a release it is established that the DiDi central building was accessed by “regulators that include the CAC, the Ministry of Public Security, the Ministry of State Security, the Ministry of Transport, the Ministry of Natural Resources, the State Tax Administration and the State Administration for Market Regulation ”. All of this comprehensive review comes under China's new Data Securit...
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China’s’wolf warrior diplomacy’ has come to Wall Street

China's assertive, nationalistic behavior — known as "wolf warrior diplomacy" — has come to the financial markets. This week Beijing punished a Chinese tech company that listed on the New York Stock exchange, and announced rules to govern all Chinese companies listed abroad. Consider this part of the Chinese Communist Party tightening its grip on power at home, and closing its doors power from abroad. This is an opinion column. The thoughts expressed are those of the author. See more stories on Insider's business page. It was only a matter of time before Beijing's heightened nationalism came to Wall Street.T...