Sony (6758.TYO, SNE.NYSE) has postponed the launch of its PlayStation 4 and PlayStation Vita game consoles on the mainland, and a company source on the mainland has said prolonged negotiations with the authorities were part of the reason for the delay, South China Morning Post reported, citing various wire services. Sony said a new date had not […]
Category: Tech, Media & Telecom
Beijing is set to end the use of quotas to regulate the export of rare earth minerals, The Wall Street Journal reported, citing China’s Commerce Ministry. The quotas became a global trade issue after China slashed exports in 2010, driving up prices thanks to its then near-monopoly on developed mines for the minerals, which are key components in many high-tech […]
Authorities have begun intensely censoring local coverage of Shanghai’s deadly New Year stampede, in which at least 36 people were killed, South China Morning Post reported, citing unnamed local sources. Huangpu district officials admitted on Thursday that they underestimated the number of people that would show up on the Bund to attend the waterfront promenade’s […]
State media are blaming Google for the effective shutdown of its email service in mainland China after access via third-party mail applications became inaccessible in recent days, The Guardian reported. Third party apps have served as the primary means of using Gmail for many in China after earlier Internet filtering efforts made direct access practically […]
A bottom-up liberalization of interest rates by largely unregulated tech companies is challenging China’s formal banking sector, South China Morning Post reported, citing lending and deposit statistics. News of the imminent launch of Tencent’s (0700.HKG) private Shenzhen Qianhai Weizhong Bank has only added to the unease among medium-sized lenders, the financial institutions most affected by the rise […]