Today

China’s misguided crackdown on business

Concerns over Big Tech are legitimate but fear of entrepreneurs is a mistake Read more on ft.com


‘Pathetic and Disgraceful’: Lawmakers Blast Coca-Cola, Visa, Airbnb for Supporting Beijing ‘Genocide Olympics’

Coca-Cola, Airbnb, Procter & Gamble, and Visa—all U.S. sponsors of the 2022 Beijing Olympics—have proudly declared that they … Read more on theepochtimes.com


Cabinet split grows over China’s role in UK’s electric car industry

The UK’s electric car supply chain is too vulnerable to Chinese influence, some senior Conservatives believe Read more on independent.co.uk


Western investors are ‘road kill’ in China’s war against its own tech giants

Xi Jingping’s sole aim is to bring all centres of rival power under tight control and reassert the political monopoly of the Communist Party Read more on telegraph.co.uk



Yesterday

Evergrande’s tumultuous week renews fears of liquidity crisis

Concerns mount over hugely indebted Chinese developer after credit downgrade and cancelled dividend Read more on ft.com


Coca-Cola, which opposed Georgia’s voter law, dodged questions on Chinese repression

“For many American corporations it is business as usual when it comes to China,” Rep. Chris Smith (R-N.J.) said Tuesday during a hearing of the bipartisan Congressional-Executive Commission on China. Read more on newsweek.com


Chinese investor exits Czech media company

The Chinese conglomerate CITIC Limited has sold its 55.8% stake in the Czech ad agency Médea for an undisclosed fee. Read more on broadbandtvnews.com


Beijing Issues List of American ‘Wrongdoings’ as US-China Meeting Ends Without Any Positive Result – Vision Times

On July 26, U.S. Deputy Secretary of State, Wendy Sherman, met with Chinese Vice Foreign Minister, Xie Feng. Read more on visiontimes.com


Coca-Cola, Visa reps refuse to condemn China’s treatment of Uyghur people, Cotton calls it ‘pathetic’

Representatives from several major companies on Tuesday declined to denounce the genocide against the Uyghur people in China when directly asked by Arkansas Republican Sen. Tom Cotton. Read more on foxbusiness.com


Boris Johnson trade adviser expects Chinese bid for UK semiconductor firm will be blocked

‘Unwise’ to give Beijing control over technological assets, warns former Australian PM Read more on independent.co.uk


Apple posts record quarterly revenue on China sales and iPhone demand

Apple has beat analysts’ expectations and posted record quarterly revenue on surging demand for premium versions of its iPhones, subscription services, and strong China sales growth. Read more on cityam.com



This week

Banned from Amazon, Chinese sellers weigh legal options

Several Chinese merchants failed to agree to a legal strategy to challenge Amazon’s ban of their shops for alleged fake reviews, as the company continues to hold onto millions in assets. Read more on scmp.com


China Avoids Coal Projects in Belt and Road for First Time

China didn’t finance any coal projects via its Belt and Road Initiative in the first half, the first time that’s happened since the plan was launched in 2013, the International Institute of Green Finance said in a report. Read more on bloomberg.com


China’s new ambassador to US heads to Washington

Qin Gang is a trusted aide to the president, speaks fluent English and is frank in his defence of Beijing. Read more on scmp.com


Analysis: U.S., China positions ossify at entrenched Tianjin talks

With no indication of a U.S.-China leaders’ summit in the works, nor any outcomes announced from high-level diplomatic talks on Monday, relations between Beijing and Washington appear to be at a standstill as both sides insist the other must make concessions for ties to improve. Read more on reuters.com