Company suspends new users as it ‘aligns with relevant laws’ on data; Move follows crackdown on Didi over alleged data misuse 

• Nations stuck to entrenched positions, unwilling to compromise • No low-hanging fruit for cooperation for either side: analyst  ...

China has launched yet another nationwide campaign to purge problems in its internet industry, the South China Morning Post reports....

• US given list of requests to ‘correct past actions’ • Xie Feng says US mobilised government, society to suppress...

S&P/BNY Mellon China Select ADR Index has lost 18.8% this year; Crackdown on education companies follows that on Didi and other tech firms 

(AF) SoftBank’s tech-supporting VisionFund has taken a $4 billion hit on its Didi Chuxing investment since a Beijing crackdown on...

China’s plan to bar tutoring firms from making profits in core school subjects sent shockwaves through its private education sector and triggered a plunge in share prices of Chinese online learning platforms in the US and Hong Kong.

• Sherman is in Tianjin for talks with Foreign Minister Wang Yi • First senior Biden official to visit, hopes...

• Tech giant fined for ‘illegal concentration of business operators’ • Market regulator says 2016 merger gave firm over 80%...

  (AF) Tesla’s quality ranking dropped to “below average” while three leading Chinese electric vehicle startups are now making “top-quality...

Production halted at Apple’s iPhone factory in China, the WSJ reports.

Volvo Cars buys out Geely and gets manufacturing plants for undisclosed sum; Aiming for IPO once deal is done and local JV requirement ends