Tesla’s Aura Dims as Its Plunging Stock Highlights the Risks It Faces

Chinese consumers “are edgy, they’re worried about the future,” Mr. Dunne said. “It’s a double whammy that Tesla confronts in China.” Tesla shares are reacting in part to the same forces that are roiling stock markets around the world: war in Ukraine, rising interest rates, the threat of recession, supply chain chaos and surging inflation. But Tesla shares have fallen much more than other Silicon Valley giants like Apple or Alphabet, the company that owns Google. Tesla accounted for three-quarters of the electric cars sold in the United States last…

Putin’s War on Information Is Far From Over

The info war has also reached Asia, Africa and South America, where Russia has mobilized diplomats and state-controlled media like the global RT network to press its case. The goal isn’t necessarily to win support, but to keep unaligned countries on the sidelines. While some countries, most notably China, have taken Russia’s side, others, like India, have avoided antagonizing Russia so as not to lose Russian military or energy contracts. Many others have done so simply because they know and care little about Ukraine. Russia’s line to them is that…

Musk’s Ties to China Could Create Headaches for Twitter

SAN FRANCISCO — When Elon Musk opened a Tesla factory in Shanghai in 2019, the Chinese government welcomed him with billions of dollars’ worth of cheap land, loans, tax breaks and subsidies. “I really think China is the future,” Mr. Musk cheered. Tesla’s road since then has been lucrative, with a quarter of the company’s revenue in 2021 coming from China, but not without problems. The firm faced a consumer and regulatory revolt in China last year over manufacturing flaws. With his deal to take over Twitter, Mr. Musk’s ties…

‘Voice of April’: Chinese netizens get creative to keep censored film on social media

A virtual protest has taken place on China’s heavily monitored social media platforms, where netizens took turns to keep a censored video called the Voice of April alive and overwhelm censors. The six-minute short documentary is a collage of audio snippets of government official announcements, as well as residents’ descriptions of their sufferings during Shanghai’s strict lockdowns in the last three weeks. The video showed the city’s skyline presented without commentary and was mostly in black and white. The ending card of the video read: “Get better soon, Shanghai.” <gu-island…

China’s Echoes of Russia’s Alternate Reality Intensify Around the World

When Twitter put up a warning message atop a Russian government post denying civilian killings in Bucha, Ukraine, last week, China’s state media rushed to its defense. “On Twitter @mfa_russia’s statement on #Bucha got censored,” wrote Frontline, a Twitter account associated with China’s official English-language broadcaster, CGTN. In a Chinese Communist Party newspaper, an article declared that Russians had offered definitive evidence to prove that the lurid photos of bodies in the streets of Bucha, a suburb of Ukraine’s capital, Kyiv, were a hoax. A party television station in Shanghai…

The rise of TikTok: why Facebook is worried about the booming social app

TikTok is on track to overtake the global advertising scale of Twitter and Snapchat combined this year, and to match mighty YouTube within two years, as trendsetting teens and young adults make it the hottest social app of the moment – and Facebook is worried. The Chinese-owned video-sharing platform is forecast to catch up with YouTube by 2024 when both are predicted to take $23.6bn (£18.2bn) in ad revenue, despite TikTok being launched globally 12 years after its Google-owned rival. Helped by unparalleled moments of cool at the height of…

Covid, Russia and Economy Put the ‘China Model’ to the Test

covid russia and economy put the china model to the test

A year ago, while many countries were still reeling from Covid-19, China seemed to be one of few places prospering through the pandemic. It was also the only major economy that reported growth in 2020. Global investors were bullish on Chinese stocks even as Beijing’s regulatory crackdown on its private sector became more like a political campaign. That led some people in China to argue that its one-party authoritarian rule offered a compelling alternative to traditional liberal democracy. The United States was declining politically and economically, they said, and the…

In Rare Rebuke, Chinese Denounce Russia’s War in Ukraine

in rare rebuke chinese denounce russias war in ukraine

When Hu Wei, a politically well-connected scholar in Shanghai, warned that China risked becoming a pariah if it didn’t denounce Russia’s invasion of Ukraine, he ignited a war of words on China’s internet. Some readers praised Mr. Hu’s article, which spread online last week, seeing its gloomy prognosis about China becoming isolated behind a new Iron Curtain of hostility from Western countries as a welcome challenge to official Chinese soft-pedaling of President Vladimir V. Putin’s aggression. Many others denounced him as a stooge of Washington, unduly critical of Russia’s war…

Biden Officials Contend With Bioweapons Propaganda From Russia and China

WASHINGTON — One of Russia’s most incendiary disinformation campaigns ramped up days ago, when its defense and foreign ministries issued statements falsely claiming that the Pentagon was financing biological weapons labs in Ukraine. Then Chinese diplomats and state media organizations repeated the conspiracy theory at news conferences in Beijing, in articles and on official social media accounts. Now, the Biden White House has taken the extraordinary step of calling out both countries on their coordinated propaganda campaign and saying they might be providing cover for a potential biological or chemical…

‘Chained Woman’ Spurs Social Media Movement in China

The Chinese government faces a quandary: how to convince its people that what it said about a chained woman is true. Since a short video of the woman chained in a doorless shack went viral in late January, the Chinese public has taken the matter into its own hands to find out who she is, whether she is a victim of human trafficking and why the apparently mentally ill woman had eight children. The public thought it couldn’t trust a government that was not truthful about her identity and that…

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