Commentary Welcome to the newest frontier in the struggle between the United States and China for geopolitical dominance: the struggle for control of the strategic commodity of the future, data. The latest casualty in this battle is Didi, the Chinese Uber, UBER +2.8 percent, lookalike with 377 million annual active users and 13 million annual active drivers. Its agony began soon after Didi shares started trading publicly in New York, following a $4.4 billion initial public offering. Little more than two weeks later Chinese authorities sent state-security and police officials into Didi’s offices. The official story was that authorities worried the data Didi users share with the company, including cellphone numbers which in China are linked to their real names and identifications, are insufficiently protected, especially from the prying eyes of Didi’s foreign investors. A related crackdown on a range of Chinese companies doing business in the United States has sent Chinese tech stocks reeling worldwide. Beijing’s …
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta