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Biden: No Ban On Chinese-Owned apps TikTok, WeChat

United States (US) President Joe Biden on Wednesday revoked executive orders from his predecessor Donald Trump seeking to ban Chinese-owned mobile apps TikTok and WeChat over national security concerns, the White House said.A statement said that instead of banning the popular apps, the Biden administration would carry out a "criteria-based decision framework and rigorous, evidence-based analysis to address the risks" from internet applications controlled by foreign entities.Trump ha

10 June 2021
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Can India Afford A Dispute With China?

In the wake of the coronavirus pandemic, India’s economy shrunk by 23.9 percent in the second quarter of 2020. This was a historic contraction, going down as the worst in the nation’s history. No other major economic power suffered as greatly during these past six months, and coming on the heels of 3.1 percent growth in the first quarter, it stings.As if to add insult to injury, now China and India are facing increasing tensions along their Himalayan border.

28 September 2020
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China Retaliates Against US’ Tech War

China on Saturday launched a mechanism that would allow it to sanction foreign companies, upping the ante in a tech war with the United States (US) a day after Washington moved to curb popular Chinese apps TikTok and WeChat.China's long-expected "unreliable entities list" is seen as a weapon for Beijing to retaliate against the US, which has used its own "entity list" to shut Chinese telecom giant Huawei out of the US market, while also moving against TikTok and WeCha

20 September 2020
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A Better Alternative To Banning WeChat

Shortly after United States (US) President Donald Trump issued an executive order effectively banning the Chinese-owned social-media app TikTok, he issued a second order prohibiting “any transaction that is related to WeChat by any person … as identified by the Secretary of Commerce.” According to the White House, the WeChat ban – which will take effect on 20 September – is intended to protect Americans and visiting Chinese in the US from violations of privacy by the Chinese governme

21 August 2020
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China Apps Ban May Create New Internet 'Firewall'

A ban by President Donald Trump's administration on Chinese mobile apps such as TikTok and WeChat risks fragmenting an already fragile global internet and creating an American version of China's "Great Firewall."Fears about the global internet ecosystem intensified this week with Trump's executive orders banning the popular video app TikTok and Chinese social network WeChat, following a United States (US) government directive to prohibit the use of other "untrust

9 August 2020
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TikTok & WeChat Dogged By Security Fears

The United States (US) has fired a new salvo in its rivalry with China, ordering sweeping restrictions against Chinese-owned social media stars TikTok and WeChat.Here are some key facts about the platforms:What Is WeChat?WeChat, known as "weixin" or micro-message in Chinese, belongs to tech giant Tencent and has grown to become ubiquitous in daily life across China since its 2011 launch.It has more than a billion monthly users and is a "super app" used for everything from

8 August 2020
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Trump Days Away From Moving Against TikTok

President Donald Trump is days away from announcing strong action against the popular Chinese-owned video sharing app TikTok to protect United States (US) national security, Secretary of State Mike Pompeo said Sunday.He said TikTok and other Chinese software companies operating in the US, such as WeChat, feed personal data on American citizens directly to the Chinese Communist Party. For years the US has put up with this because Americans felt "we're having fun with it,&quo

3 August 2020
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Goodbye Red Packet, Hello E-Ang Bao?

Like many other traditions, the handing out of ang baos – red packets containing cash – has been disrupted in the digital age.Synonymous with the Chinese Lunar New Year, the giving of red packets by elders to children or unmarried relatives symbolises good luck and is also a custom during birthdays and weddings.With the advent of the e-ang bao, virtual red packets can now be distributed through selected banks and e-wallet services.

25 January 2020
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Preparing for the next wave of digitalisation

In China, millions enter public transportation each day using smartphones, pay for breakfast with WeChat, and use an app to have lunch delivered hours later. They work at offices that leverage blockchain, Artificial Intelligence (AI), robotics, and cloud computing. They book restaurants for dinner over the internet and late-night shop on the train.Much of this has been enabled by rising smartphone adoption.

11 June 2019
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Goodbye red packet, hello e-ang bao?

Like many other traditions, the handing out of ang baos – red packets containing cash – has been disrupted in the digital age.Synonymous with the Chinese Lunar New Year, the giving of red packets by elders to children or unmarried relatives symbolises good luck and is also a custom during birthdays and weddings. With the advent of the e-ang bao, virtual red packets can now be distributed through selected banks and e-wallet services.

15 February 2019
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Chinese tech giants scramble for Southeast Asia

Alibaba and Tencent are two household names in the global technology sphere. For a long time now, these two Chinese giants have slugged it out on their home turf in a struggle to achieve dominance in the growing Chinese internet consumer market. Having had a duopoly advantage thanks to China’s “Great Firewall,” these two, battle-hardened titans of the tech industry have sought to extend their businesses beyond their borders.

18 September 2018
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Digital Payments: Can foreign providers overtake local providers in Southeast Asia?

With increased digitisation of services these days it was only a matter of time before digital payments caught up. Digital payments are transactions of monetary value conducted via electronic means. These are expected to bring in US$32 billion in revenue to Southeast Asia by 2021, according to Euromonitor. To capitalise on it, Ant Financial’s Alipay and Tencent’s WeChat entered the market with an initial focus on Chinese tourists to the region.

19 January 2018
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