Government Acquires 1% Stake in Bytedance Subsidiary; Anti-Corruption Moves; Beijing halts HK "Anti-Foreign Sanctions Law"; Kamala Harris visits S.E. Asia;DiDi’s Hurdles in EU/UK; Dehuai Chips Auction

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Aug 25, 2021

Taking stakes & cleaning house

China’s anti-corruption drive sharpens its teeth as Beijing also looks to defang western sanctions. Meanwhile, DiDi takes stock of realities facing European expansion.

The US Vice President wraps up her trip to meet with key players in China’s neighborhood as Washington tries to make good on its ‘Pacific Pivot.’

Meanwhile, a …

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