Fintech giant Ant Group is facing growing Chinese pressure over potential risks in its online lending business, with co-founder Jack Ma and other executives summoned to an unusual meeting with … ( read original story…
Monthly Archives For November 2020
Australian exporters to China face $6 billion ‘D-Day’
China is banning Australian wine, copper, barley, coal, sugar, timber and lobster exports from Friday, an unconfirmed customs official notice says. ( read original story …)
Factbox: What’s New in China’s 2020 Population Survey Versus 2010 Census
More than 1 billion Chinese citizens will participate in a once-in-a-decade census that will inform policymakers on demographic shifts in the world’s most-populous but fast-ageing nation, and help … ( read original story …)
Beijing puts Ant on a shorter leash
Days ahead of the company’s record-setting $34 bln IPO, founder Jack Ma was hauled in by regulators for a chat. Newly unveiled rules also would treat tech middlemen more like banks. It’s the clearest ……
College Board to sever financial ties with China after Blackburn letter
College Board, the entity responsible for developing SAT and AP tests, will sever financial ties with the Chinese Confucius Institute Headquarters (Hanban) at the end of … ( read original story …)
Fin or tech? China’s Ant, biggest-ever IPO, says it’s a tech firm not a bank
A spinoff from billionaire Jack Ma’s Alibaba Group, Ant presents itself as a technology company, while financial regulators suggest the firm remains under their purview. ( read original story …)
The growing U.S. deficit raises questions about funding as China cuts U.S. debt holdings
The U.S. deficit is burgeoning and it’s set to grow much bigger with a planned second stimulus package to beat the pandemic fallout. ( read original story …)
Shenzhen’s Luohu shining example of reform
The Luohu district government is a good example of this. As the first district set up in the city－which borders the Hong Kong Special Administrative Region－Luohu is considered a perfect example of … ( read…
Climate change: how China can achieve its pledge of zero emissions
Transition from fossil fuel could include phased switch to renewables, with opportunities for foreign companies … ( read original story …)
Joe Biden must clear the air on Hunter Biden and his China business dealings — win or lose
A public commitment from the Biden family to fully comply with any investigation is critical to restore confidence and take on Chinese attempts to undermine the U.S. ( read original story …)
China reports 49 new coronavirus cases vs 24 a day earlier
Mainland China reported 49 new COVID-19 cases on Nov. 2, from 24 a day earlier, the national health authority reported on Tuesday. ( read original story …)
China plays it straight on US election but keeps an eye out for mayhem
In the dramatic run-up to Tuesday’s US presidential election, Chinese coverage and commentary in state and social media has been relatively restrained. But that could change if disorder and a disputed … ( read original…
US Asia Allies Japan, South Korea Build Better China Ties Despite Concerns
World War II era, do not share President Donald Trump’s tough anti-China position and have sought better ties with the People’s Republic, even as major challenges persist. ( read original story …)
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