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  • A security expert has said while many think the US poses the biggest cybersecurity threat to China, a lot of attacks come from South Asia
  • One India-based group of hackers, known as ‘Bitter’, has used various methods to target government, military and nuclear sectors
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IDG is one of the oldest venture firms in the market and has been in China since 1993, having invested in more than 1,600 companies, with 500 of them going public or getting acquired.

Chinese cities from Beijing to Hangzhou have inked cooperation deals with internet giants, as the country’s top leaders signal an end to two years of tech crackdowns.

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In an article published just hours after China unveiled an action plan to invigorate its economy, Ma pledged on behalf of the internet industry to support the government’s latest strategies.

China’s ChatGPT-frenzy was on full display at the country’s largest AI fair in Shanghai this week, despite US sanctions on chips and Beijing’s cautious attitude towards generative AI.

In launching its new ChatGPT-like service, the chairman and founder of 360 Security Technology has provided a rare glimpse of how generative AI operates within Beijing’s strict censorship system.

None of the 13 Chinese firms newly blacklisted by the US defence department, including DJI, has spoken out, while state media has remained largely silent.

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As Beijing’s tough stance on online credit persuaded Big Tech firms to scale back their services, smaller platforms have proliferated, luring young consumers into borrowing for a lifestyle they can ill afford.

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Beijing-based Qi An Xin Technology Group, which in February publicly claimed that the US National Security Agency hacked computers in 45 countries, has ambitions of becoming a global cybersecurity giant.

The Chinese People’s Political Consultative Conference is holding a special symposium to promote the digital economy amid hopes of easing regulatory pressure on the country’s tech sector.

The state-backed China Computer Industry Association says the new committee will help fund start-ups and draft industry standards, amid plans from local governments to boost metaverse development.

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Many Chinese companies seeking secondary listings have priced their stocks at significant premium to their Hong Kong-listed shares, a pre-existing condition primarily due to the limited access by mainland investors.

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Support for the practice of requiring employees to work from 9am to 9pm, six days a week, comes from the top, and is exacerbated by poor regulation of labour practices. Regulators should take steps to balance the power dynamics between companies and employees.