A round-up of China’s technology and startup news headlines from across January, February and March – Q1 2022
- Technology, startup and funding-related news
- Headlines linked to each online article in full
- Quarterly collection for January, February and March 2022
- Free-to-read online news sources linked
- Articles, reports, downloads, commentary and beyond
January 2022 | February 2022 | March 2022
See our other editions for the variety of channels we publish to.
China: March 2022
- China: A look at SpaceTai, using 3D printing to develop engines and rockets for the commercial space industry, potentially lowering costs to below one-fifth the current average
- China’s crypto mining crackdown mis-step: “…the ‘great mining migration,’ as Chinese mining operations big and small unplug and shift westward.”
- China: AIForceTech gains $15M in fresh funding with smart farm equipment and management, including unmanned farm equipment and farmworker services
- China’s Pacific Networks Corp and ComNet ejected and barred from US markets by Federal Comm’s Commission, citing espionage and data theft concerns around state-owned firms
- China: Asia Digital Bank, subsidiary of state-run Asia Pacific Investment Bank, unveils A-Bank Super Wallet app combining fiat and cryptocurrency services
- China’s Twitter clone, Weibo, faces US market delisting risk as regulators tighten accounting standards on foreign companies; Alibaba and Baidu likely to face the same in future
- China: Zongmu raised over $157M in new funding from state-owned funds with autonomous driving systems, with sights on new production plant
- China: Alibaba recently led $60M investment in AR glasses maker Nreal, home-grown Magic Leap competitor founded by former ML engineer
- AsiaForward Startup Day set for March 24th, looking at cross-border knowledge exchange for business and investment leaders in SE Asia and China, from KrASIA and Alibaba Cloud
- Malaysia: NFT Pangolin marketplace launches with Zetrix tie-in, allowing access to China’s ‘no trading’ version of the non-fungible token space
- Cambodia Internet Startup Assoc’n partners Cambodia Assoc’n of Finance Technology to push cooperation around China’s Belt and Road Initiative
China: February 2022
- China’s Huawei attempts lawsuit against Sweden in Int’l Court of Arbitration after Swedish Post & Telecom Authority denied access to development of 5G infrastructure
- China: PwC’s take on 10 impacts of China’s recently-enacted Personal Information Protection Law
- A look at the implications of China’s Data Security and Personal Information Protection Laws on the global maritime Automatic Identification System
- China: Hongsong raises near $100M Series A+ funding with social networking site for older people, already claiming 10 million users
- China: Two private banks, in Liaoning province and in Beijing, to no longer provide services involving banknotes and coins, effective March and April, in entirely cashless move
- China, Visa, the Olympics & the e-CNY: “Visa has remained silent about the digital yuan encroaching on its Olympic turf. Visa didn’t respond to a request for comment on this article.”
- China: Volkswagen is reportedly in talks with Huawei to acquire the company’s nascent autonomous driving unit
- China: A look at vehicle-to-grid research being conducted, allowing electric vehicles to be used as energy supply infrastructure as well as consumer vehicles
- China: Alibaba’s AliExpress and Tencent’s WeChat join Pinduoduo, Taobao and others on US Notorious Markets list due to ‘substantial trademark counterfeiting or copyright piracy’
- China’s latest round of regulations on AI and algorithms: “…will extend an extraordinary crackdown on China’s most popular and most valuable tech companies…”
- ICYMI: China’s 14th Five-Year Plan sets national strategy for a changed food system, including research and development of plant-based eggs and cultured meat
- China: Gov’t further expands crypto crackdown, adding powers to jail anyone found raising funds via token sales
- Japan: China’s Huawei to begin selling large-scale battery systems for renewable energy storage in Japan in March, competing with Tesla and domestic firms
- India: Gov’t bans 54 more apps of Chinese origin from publishers including Tencent and Alibaba citing surveillance and espionage concerns around data transmission and storage
China: January 2022
- China: Cyberspace Administration to implement new rules in February requiring platform companies with more than 1M users to undergo security review before listing shares overseas
- China: Android and Apple users in 10 cities can now use pilot version of digital yuan wallet app, enabling them to acquire, store and use central bank digital currency
- China: Tencent adds digital Yuan support to WeChat instant-messaging app’s Pay wallet for over 1BN users in mainland China
- China: Roblox pauses China service as it takes ‘important transitory actions’ just 5 months after China launch on iOS and Android
- China: Guangli Technology AR startup raises $15.7M Series A with products including holographic swimming goggles, and sights on metaverse integrations
- China: 4 regulators issue new rules on use of algorithms – tech driving ByteDance’s Toutiao, Twitter clone Weibo – forbidding ‘synthetic’ content in recommendations
- China: Tencent invests in Easy Transfer, startup aiming to make tuition payments easier for overseas Chinese students, working with institutions with cross-border payments licenses
- China: State-backed Blockchain Services Network to launch infrastructure for deployment of NFTs – but not linked to cryptocurrencies, and with purchasing and fees in yuan only
- China: Xiaohongshu files lawsuits against 4 companies that provide ghostwritten content in bid to restore consumer trust around fake reviews and click farming
- China: State Council publishes blueprint for development of digital economy that aims to boost contribution of core digital economy industries to 10% of GDP by 2025
- China: “Genshin Impact…has become the most successful title of Chinese origin on global markets…generating $3.7 billion in revenue and surpassing…Fortnite and Pokemon Go…”
- China’s Newborn Town is testing metaverse features for Yumy dating app, which has 30M users outside China
- China: CATL launches EVOGO battery swap service for electric vehicles, aiming to allow drivers to change car batteries in just one minute
- ICYMI: US Federal Comm’s Commission bars China Unicom, primary telecom provider for Beijing Olympics, from US markets over national security concerns
- China: Timekettle raises $3M Series A with artificial intelligence-driven smart translation machines, focusing on in-real-time earphone-based devices
- China: ByteDance is now beta testing ‘Party Island’ metaverse social media app, allowing users to create avatars, join virtual events, and chat with other participants
- China ramps up plans to launch 13,000 low earth orbit satellites, similar to SpaceX’s Starlink
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