Tech Titans of China
China Internet Report
Bar 6, Hong Kong
July 10, 6pm-10pm
Silicon Dragon LA 2019
US-China Superpowers Debate
China EV Makers
Stella Li, BYD
Mary Yang, NIO
+ Many Trend-Setters
US-China VC Impact: Gary Rieschel with
+ Panel of Experts
"A Must Read!"
"We Need This
Bulk book sales:
Silicon Dragon Circle
Special Event Discounts
University of Toronto
MIT Enterprise Forum
Facebook Copies WeChat Again: Who Would Have Guessed This Just Five Years Ago?
is getting used to copying the Chinese tech giants. Facebook copied China's messaging app
a few months ago when making plans to introduce private groups for online communication.
Facebook is copying again by releasing a payments option within
Facebook, albeit with the twist of cryptocurrency to pay for goods and services.
Facebook has a long ways to go before it can truly emulate
Tencent CEO Pony Ma's take on Facebook's Libra coin: "The technologies are all very mature, it's not hard. It all depends on whether regulators will
China's Belt And Road Could Be Improved
It depends on who you talk to: is China's massive Belt and Road Initiative is a good thing or a bad thing?
Washington, DC contends that this series of infrastructure investments to connect China with economies throughout Asia and into the Middle East and Europe is a dangerous China attempt "to buy an empire" and drown Belt and Road partners in a "sea of debt."
On the positive side, China's infrastructure investments are welcomed by host governments as efficient and effective ways of building ports, dams and railways. But issues persist over environmental damage, inability of host countries to pay for projects, lack of local employment opportunities, mistreatment of subcontractors, corruption, and lack of project oversight.
Here's where the
Asia Society steps in with
China VC investing is down sharply in 2019 so far, back to the level of 2014, when the current boom began. Venture investment climbed from $17.4 billion in 2014 to $105 billion in 2018, as reported in my new book, Tech Titans of China.
China's Sinopharm Capital and Cedarlake Capital have co-invested $20 million in Singapore-based healthcare platform Novena Global Lifecare, and set up a partnership for a $150 million fund that will support Southeast Asian healthcare companies.
IDG leads $100 million round for China healthcare platform Weimai.
China IoT platform
nabs Series B funding of $72 million led by private equity fund
What technology does China really need from the U.S.? China has its own cloud computing, e-commerce and social networks. What China lacks is high-end semiconductor chips.
Biotech is joining chips and telecommunications at the forefront of the U.S.-China technology war, with Congress unveiling a series of measures, including one by Sen. Marco Rubio, aimed at restricting Defense Department funding. WSJ
In Ecuador, cameras capture footage to be examined by police and domestic intelligence. The surveillance system's origin: China.
"Made in China, Exported to the World: The Surveillance State"
U.S. blacklists more Chinese tech companies over national security concerns. NY Times: five more.
A Coffee with Ren
Huawei founder and CEO,
Ren Zhengfei, sat down with two of the world's most prominent thinkers
George Gilder and
Nicholas Negroponte for 100 minutes of conversation and Q&A.
Huawei owns a very large patent pool, but will never use it as a weapon against anyone, said Huawei's founder during the discussion.
Book Interviews: Tech Titans of China Issues
China-U.S. Trade War Is Just Beginning