China Tech Briefing

News Briefing for August 12. Tencent Music Entertainment Group and NetEase Cloud Music recently landed new cooperation with Universal Music Group. The new deal marked changes in the overall landscape of Chinese music streaming services. Meanwhile, as many foreign food brands continue to arrive in China, the local food industry witnesses changes as well. In today’s show, we will bring you up to date on both notable changes in the Chinese market.

News Briefing for August 10. TikTok now plans to file a federal lawsuit that challenges the legitimacy on the executive order from President Donald Trump on its forced sale or its otherwise potential ban. Furthermore, Twitter has reportedly joined the bid for the acquisition of TikTok and its U.S. operations, along with Microsoft.

News Briefing for August 7. The Trump administration has taken further steps on purging Chinese tech in the United States, including Tencent and its popular communication app, WeChat. In response, TikTok released a statement threatening to sue the administration. Meanwhile, U.S. Secretary of State Mike Pompeo updated the campaign called “the Clean Network” yesterday. These actions mark a sharp escalation in the conflict between the U.S. and China in recent years.

News Briefing for August 5. In today’s show, we will follow up with the responses and comments from ByteDance’s founder, Zhang Yiming, on this issue as he wrote two open letters to his staff to clarify the situation. Furthermore, TikTok is reportedly establishing an overseas HQ in London, according to multiple sources.

News Briefing for Aug 3rd. The following days may not be so great as TikTok's’s overseas crisis goes escalated over weekend. Faced with the risk of being banned in the American market, TikTok agreed to cut off its tie to ByteDance, as Microsoft continues its discussion on the acquisition of TikTok.

China Tech Briefing by Pandaily is a podcast that tells you about what is going on within the sphere of Chinese technology and beyond. To keep up with the rapidly changing China tech world, make sure you're listening to our show every morning on Monday, Wednesday and Friday.

Today is Wednesday July 31. Following NIO's 1 billion IPO on Wall Street in 2018, another fast-growing EV maker Li Auto, which used to be known as Leading Ideal, made a stunning debut in Nasdaq yesterday, becoming the second Chinese EV maker listed in New York. At the same time, we will discuss whether Bilibili’s going mainstream strategy is going to throw off its most loyal community members.

News Briefing for July 29th. Recently, many Chinese tech companies are taking steps to delist from U.S. stock exchanges due to the impact of the Coronavirus pandemic and also the rising geopolitical conflicts between China and the United States. It is just such an uncertain time for all of us and we hope that good music will bring you some comfort. In today’s show, we will dive into Chinese Hip Hop culture, as Bilibili recently launched its own Hip Hop talent show. This kind of reality show has become a phenomenon in China in recent years and has proved to be successful.

Over the past weekend, Tencent and Alibaba were faced with more difficulties with their apps in India. The influence of the Indian government’s ban on Chinese apps is still lingering on, and the future seems to be rocky for the companies. Meanwhile, back home, Chinese netizens celebrated a live-streaming event on Sunday night. The event, on Kuaishou, was hosted by Jay Chou, a famous Chinese singer, and set a record of 68 million views during its 30-minute duration. In today’s show, we will get you covered on the latest.

News Briefing for July 24. China launched its first independent mission to Mars to showcase its ambition to explore deep space and as a progressive step to earn a place in the global space exploration community. Meanwhile, back down here on Earth, many countries are looking to penetrate the massive Chinese market, and a Japanese lifestyle store called Loft is one of them. The stores will arrive in major Chinese cities over the next few years and will bring more competition to their rivals Muji and MINISO.

News briefing of July 22. Ant Group is on strong footing this week with its recent and long-awaited announcement of its dual listing on both Shanghai and Hong Kong stock exchanges. At the same time, now that the impact of COVID-19 is gradually wearing off, the Chinese movie industry is seeing some hope as theaters are now reopening. In today’s show, we will get you up to speed on both pieces of news.