China ‘plans to ban’ US IPOs for data-heavy tech firms – business live

[ad_1] Rolling coverage of the latest economic and financial news WSJ: China may ban companies with large amounts of sensitive consumer data from US floats New rules could thwart China tech firms from listing in the U.S. Markets await Jackson Hole symposium Furlough ‘cliff edge’ at Liberty Steel could put jobs at risk 9.07am BST … Read more

Revisited: the danger – and beauty – of ultrarunning | News

[ad_1] This week we are revisiting some of our favourite episodes from the year so far. This episode was first broadcast on 8 June. To most people, the horror of 21 lives being lost during a race across 100km in a Chinese mountain range will have been amplified by how obscure the sport seems to … Read more

China’s trade halt with Lithuania over Taiwan ties sends warning to Europe | China

[ad_1] China’s use of trade as a weapon in diplomatic disputes appears to be now targeted at Lithuania, home to fewer than 3 million people, after the Baltic nation agreed to exchange diplomatic offices with Taiwan. But Beijing’s unofficial halt to its already limited trade with Lithuania is more about sending a warning to the … Read more

The party’s over: China clamps down on its tech billionaires | Chinese economy

[ad_1] In a Politburo group study session on 23 November 2015, China’s president, Xi Jinping, recommended the book Capital in the Twenty-First Century by the French economist Thomas Piketty. “The rich data he used demonstrated that … unrestrained capitalism accelerates wealth inequality … [His] conclusion is worth us pondering on.” Back then, Piketty’s work on … Read more