Tech in China
Our China-focused tech news round-up for October 2021 is drawn from Startup News Asia’s daily feeds. This month’s articles cover items across technologies, issues, startups and more including: large-scale electric vehicles initiatives; Huawei’s shift to mobile payments; Tencent’s moves into the Metaverse; Hikvision camera security issues; and many more.
The China tech news headlines featured below are each linked directly to the online news source that reported it, giving you one-click access to all the China-focused tech news, articles, downloads and reports you need to understand China’s tech and startup ecosystems.
You can also get tech news from across Asia and the broad Indo-Pacific with our daily updates – social, mobile, email and more.
- China: Coach luxury fashion brand partners GQ China to release 6 NFTs on Ethereum, working with Singapore’s ZKBox
- China: TikTok owner ByteDance is hiring to build international shopping platform to compete with Alibaba, Amazon, offering made-in-China goods globally
- China: A look at Huobi cryptocurrency platform’s moves in response to the government’s banning of all crypto-related activities
- China: Xinchao Media Group backed by giants JD and Baidu for $400M with tech-driven elevator advertising displaying on 650K panels in 105 Chinese cities
- TechCrunch takes a look at the future of China’s work culture: “Weeks after crackdown, workers and executives still unsure of labor rules”
- China’s Hikvision camera products found to have issue that ‘permits an attacker to gain full control of the device’, giving the cameras ‘the highest level of critical vulnerability’
- China: Huawei shifts focus to mobile payments, with Huawei Pay app seen as opportunity to become competitive against giants Alipay and WeChat Pay
- China’s Powerbridge Technologies to deploy 2600 high-performance bitcoin and ether mining rigs in Hong Kong
- China: Major mobile network operators to roll out nationwide 5G messaging integrating video, audio and e-payments, likely to compete with Tencent’s WeChat super-app
- China’s Binance cryptocurrency exchange launches $1BN accelerator fund in bid to boost adoption of Binance Smart Chain blockchain platform
- China’s ZTE Corp partners YesWeHack bug bounty platform to draw in 30K security researchers in bid to further secure ZTE products and discover vulnerabilities
- China’s gaming ban: “…government has restricted under 18s to only 3 hours of video games per week…so instead of playing games, kids are watching other people play them”
- China’s Huawei inks cooperation agreement with Hungary’s East-West Intermodal Logistics and UK’s Vodafone to build ‘smart railway hub’ managed by 5G private network
- China: WeChat, Taobao and Meituan called to task by public over data access practices and privacy
- China’s Asia Digital Bank partners Bianjie blockchain tech provider to build out new digital infrastructure to bridge gap between centralised and decentralised finance
- Alibaba Entrepreneurs Fund/HSBC JumpStarter 2022 Global Pitch Competition applications close November 28th, delivering opportunities in Guangdong-HK-Macao Greater Bay Area
- China: Tencent seen to sharpen focus on metaverse-related activities with new advanced gaming studio hiring across at least 46 positions
- China: Ongoing crypto crackdown sees authorities limit non-fungible tokens to digital collectibles ie they can no longer be traded for profit
- China: ARCFOX premium electric vehicles brand to deliver 1000 5G-enabled vehicles running Huawei’s HarmonyOS operating system by year-end
- China: Washington revokes US licence of China Telcom, citing national security concerns, with the firm to cease services in the US within 60 days
- China: Tesla’s Gigafactory Shanghai R&D Innovation Center and Gigafactory Shanghai Data Center to commence operation in near future
- China: “Beijing has cracked down hard on bitcoin and other cryptocurrencies, but China still has a thriving ecosystem of startups and entrepreneurs working on decentralized finance…”
- China: Tencent Cloud forms strategic partnership with Yusys Technologies fintech software firm to deliver cloud solutions to major banks in move to compete with Alibaba Cloud
- Biosolvit takes win at inaugural Macau Innovation and Entrepreneurship Competition focused on Brazil and Portugal with product to absorb petroleum derivatives on land or at sea
- China’s ICONIQ Motors EV firm inks MOUs with Thailand’s Big World auto company and SEA telco OBON for smart city tech and 5G autonomous driving in Thailand’s Free Trade Zone
- China: Internet watchdog continues crackdown with regulations on user identification on domestic platforms, making it harder for censored individuals to register elsewhere
Tech news, Asia: Other editions
Our other editions provide a variety of ways to keep up to date with the technology ecosystems across Asia and the Indo-Pacific – email, social media, on Medium, by mobile app and more.