The announcement comes as privately run financial conglomerates such as Changsha Yongjin Group, which controls Sinolink, are under pressure to restructure, with Beijing tightening supervision of … ( read original story …)
Monthly Archives For September 2020
China’s ByteDance Seeks $60 Billion TikTok Valuation in U.S. Deal: Bloomberg News
China’s ByteDance Ltd is seeking a valuation of $60 billion for TikTok as Oracle Corp and Walmart Inc take stakes in the short-video app’s business to address U.S. security concerns, Bloomberg News … ( read…
China Says TikTok Parent Company ByteDance Said It Had Only Learned About Trump Deal in the News
The president has said he has agreed to a deal to allow the social media platform to continue operating in the United States. ( read original story …)
China greenlights two ChiNext IPOs
Shenzhen Stock Exchange’s ChiNext board, the China Securities Regulatory Commission said in a statement. The companies and their underwriters will confirm the IPO dates and publish their respective … ( read original story …)
South China Sea alert: Beijing fury sparks risk of ‘military clashes’ – WW3 fears surge
CHINA’s increased presence in the South China Sea is likely to increase the risk of “military clashes” following decades of isolated incidents in the disputed waters. ( read original story …)
Taiwan President Says Drills Show China Is Threat to Whole Region
The last two days of Chinese aircraft approaching Taiwan demonstrate that Beijing is a threat to the entire region and have shown Taiwanese even more clearly the true nature of China’s government, … ( read…
Coronavirus: China at risk of a winter spike in infections, experts say
China could face a new wave of coronavirus infections as winter approaches, according to the country’s experts.Wu Zunyou, chief epidemiologist at the Chinese Centre for Disease Control and Prevention … ( read original story …)
China’s rich seek bodyguards schooled in digital dark arts
At the “Genghis Security Academy”, which bills itself as China’s only dedicated bodyguard school, students learn that the threats to the country’s newly-rich in the tech age are more likely to emerge … ( read…
China warning: US challenges Beijing over ‘aggressive behaviour’ as tensions erupt
THE US Coast Guard has blasted China for “aggressive behaviour” and illegal fishing in sovereign waters in a warning to Beijing. ( read original story …)
Mainland China reports 10 new COVID-19 cases vs 14 a day earlier
Mainland China reported 10 new COVID-19 cases on Sept. 19, down from 14 cases reported a day earlier, the Chinese national health authority said on Sunday. ( read original story …)
Australia has ‘painted itself into a geopolitical corner’ with China, but what is Beijing’s trade endgame?
Tensions between China and Australia have been rising since April, with calls for an investigation into the origins of the coronavirus leading to Chinese trade sanctions and tariffs. ( read original story …)
China Zheshang Bank increases lending to private firms
China Zheshang Bank, one of the country’s major joint-stock commercial banks, saw its outstanding loans to private enterprises grow rapidly in the first half of the year. At the end of June, the … (…
China-US relations: Beijing condemns Trump ban as WeChat’s US users brace for a life of ‘inconvenience’
US ban on ubiquitous Chinese messaging app WeChat is angering overseas Chinese, forcing many to consider possible alternatives … ( read original story …)