'Common prosperity' goals of CCP target Chinese tech giants

Nov 03, 2021

Beijing [China], November 3 : Chinese tech giants are beginning to dislike the 'common prosperity' goals of the Chinese Communist Party (CCP), President Xi...

Alibaba, Tencent look to trim workforce by up to 30 pc

Mar 15, 2022

Hong Kong, March 16 : It is rumoured in the Chinese social media platform Weibo that tech giants Alibaba and Tencent employees are expecting...

Frequent layoffs by Chinese tech giants direct young graduates towards govt jobs: Reports

May 30, 2022

Beijing [China], May 30 : Due to a catastrophic slump in the Chinese economy followed by frequent layoffs by tech giants in the communist...

Xi reiterates call for common prosperity as China continues targetting big tech giants

Jan 19, 2022

Beijing [China], January 19 : Chinese President Xi Jinping has continued to call for the common prosperity of the country's entire population amid the...

China ramps up efforts to clamp down freewheeling tech firms

Jun 07, 2021

Beijing [China], June 7 : Claiming a crackdown on anti-competitive practices among Chinese internet giants, Beijing has ramped up a broader effort to clean...

Xi Jinping's vision turned China into a dangerous place for investment: Report

Sep 23, 2021

Beijing [China], September 23 : The recent actions by the Chinese Communist Party and President Xi Jinping against the big tech, corporates, real estate...