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Search resuls for: "Juliana Liu Wayne Chang"


3 mentions found


☆ Capvision says it has addressed China’s concerns about national security
  + stars: | 2023-10-04 | by ( Juliana Liu Wayne Chang | Juliana Liu | Wayne Chang | ) edition.cnn.com   time to read: +2 min
Hong Kong CNN —Capvision, an international advisory firm whose offices in China were raided by officials, says it has successfully completed a national security inspection overseen by the Chinese government. The raids were part of a broader crackdown on the consulting industry by Beijing as it seeks to tighten control over what it considers sensitive information related to national security. “We have deeply realized that the consulting sector must step up the awareness of safety and security. The fine came to light months after authorities closed the firm’s Beijing office in March and detained five of its local employees. In April, police questioned staff at the Shanghai offices of global consulting giant Bain & Company.
Persons: Hong Kong CNN —, ” Capvision, Capvision, Mintz Organizations: Hong Kong CNN, CNN, Mintz Group, Bain & Company Locations: China, Hong Kong, Shanghai, New York, Beijing, American
☆ China promises to throw full weight behind private businesses in bid to boost growth
  + stars: | 2023-07-20 | by ( Juliana Liu Wayne Chang | Juliana Liu | Wayne Chang | ) edition.cnn.com   time to read: +3 min
Hong Kong CNN —China has promised to throw its weight behind private businesses, just days after a slew of economic data showed growth momentum had slumped. The measures include promises to break down barriers to market access for private firms, to “fully implement” a system of fair competition and to strengthen enforcement of anti-monopoly laws. “We believe that the … pivot from the top level is real, but it’s not enough to bring back the animal spirit among private companies,” Larry Hu, chief China economist at Macquarie Group, wrote in a research note. That pledge had marked a major shift from leader Xi Jinping’s years-long effort to rein in private businesses, which were perceived as too powerful and disorderly. The Nasdaq Golden Dragon China Index closed 0.7% higher, after falling in several previous trading sessions.
Persons: “, Larry Hu, Xi Jinping’s, Premier Li Qiang, Li, ”, Ma, Lei Jun Organizations: Hong Kong CNN, Communist Party, State Council, Macquarie Group, ”, Investment, Premier, Alibaba, Tencent, Nasdaq, Dragon Locations: Hong Kong, China, Beijing, New York, Dragon China, Shanghai
☆ Europe joins the US in the chip war with China
  + stars: | 2023-03-09 | by ( Juliana Liu Wayne Chang | Juliana Liu | Wayne Chang | ) edition.cnn.com   time to read: +5 min
Hong Kong CNN —Europe’s biggest producer of advanced chipmaking technology has joined the United States in its escalating standoff with China. Japan has also been involved in three-way discussions with the Netherlands and the United States, a source familiar with the talks told CNN. China said Thursday it “firmly opposes” the Netherlands’ upcoming curbs, which come just months after the United States restricted sales of some semiconductor machinery to Beijing. He accused Western countries led by the United States of trying to “contain” and “suppress” China. European battlegroundThe announcement of the Netherlands’ export restrictions, the details of which are expected to be confirmed before the summer, isn’t the first time the US-China tech rivalry spilled over into Europe.
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