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Media Report
August 03 , 2016
  • The New York Times：China, Not Silicon Valley, Is Cutting Edge in Mobile Tech
    The New York Times reports, "Snapchat and Kik, the messaging services, use bar codes that look like drunken checkerboards to connect people and share information with a snap of their smartphone cameras. Facebook is working on adding the ability to hail rides and make payments within its Messenger app. Facebook and Twitter have begun live-streaming video. All of these developments have something in common: The technology was first popularized in China....Silicon Valley has long been the world's tech capital...But China's tech industry — particularly its mobile businesses — has in some ways pulled ahead of the United States. Some Western tech companies, even the behemoths, are turning to Chinese firms for ideas. 'We just see China as further ahead,' said Ted Livingston, the founder of Kik, which is headquartered in Waterloo, Ontario. The shift suggests that China could have a greater say in the global tech industry's direction."
  • The Wall Street Journal: China Real Time：In a Mysterious Redaction, a Glimpse of China's Policy Tussle
    The Wall Street Journal: China Real Time comments, "On Wednesday morning, a unit of the National Development and Reform Commission, the country's highest economic planning agency, released a statement laying out the economy's troubles and calling for a string of policy actions in a bid to revive corporate activity....Nothing very unusual about that, except that in the middle of the statement, the NDRC's policy research unit wrote 13 characters that said: 'Lower benchmark interest rates and banks' reserve requirement ratio at appropriate times.'...By late afternoon, the 13 offending characters had vanished from the statement. But the original version still floated in parts of China's internet....The omission spoke to the tension between two camps charged with stewarding China's economy."
  • The New York Times: Sinosphere：China Reins In Communist Youth League, and Its Alumni's Prospects
    The New York Times: Sinosphere comments, "President Xi Jinping of China in effect wrote an epitaph to the shrunken influence of his predecessor and former rivals this week when the Communist Party announced major changes to its once-powerful Youth League, a training ground for many officials who have been marginalized under Mr. Xi. The Communist Youth League served as a cradle for generations of Chinese leaders, who rose through it into the high ranks of the party....But a reorganization of the Communist Youth League laid out in the state news media on Tuesday indicated that its glory days as a finishing school for China's political elite may have passed. The overhaul promised to shrink the Youth League's central leadership, put it under firmer party control and return it to its grass roots to try to win over the country's young people."
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