China’s second-largest lender halted a US$3 billion digital bond programme on the verge of a financial breakthrough, getting cold feet amid scrutiny on fintech and financial risks. ( read original story …)
Monthly Archives For November 2020
China tests millions after coronavirus flareups in 3 cities
Chinese authorities are testing millions of people, imposing lockdowns and shutting down schools after multiple locally transmitted coronavirus cases were discovered in three cities across the country … ( read original story …)
Trump’s US investment ban aims to cement tough-on-China legacy
Move is latest chapter in deteriorating relationship with Beijing and improvement under Joe Biden is unlikely … ( read original story …)
China Disappeared My Professor. It Can’t Silence His Poetry.
Against overwhelming state violence, poetry might appear to offer little recourse. But for many Uighurs, it’s a powerful form of resistance. ( read original story …)
Australian PM Says Misinterpretation of Interests Behind China Tension
Tension between Australia and China has been driven by incorrect assumptions shaped by rivalry between China and the United States but Australia has its own interest and independent views, Prime … ( read original story…
Alibaba CEO strikes conciliatory tone on China’s plans for tougher tech regulation
Alibaba CEO Daniel Zhang has described plans by Chinese regulators to tighten restrictions on internet companies as “timely and necessary.” … ( read original story …)
Smelling blood, Huawei’s Chinese mobile rivals look to capitalise on its U.S. woes
Chinese handset rivals of Huawei Technologies including Xiaomi, Oppo and Vivo are making aggressive moves to seize market share from their giant rival, after stepped-up U.S. sanctions hobbled Huawei’s … ( read original story …)
China Telecom 5G penetration tops 20%
China Telecom surpassed 20 per cent 5G penetration after adding 7.06 million customers in October, taking its total to 71.9 million a year after launching the service. Market leader China Mobile’s 5G … ( read…
Trump’s China Blacklist Sparks Reviews at Index Compilers
FTSE Russell, JPMorgan Chase and MSCI are rethinking their stance on securities from companies that the U.S. government says help the Chinese military. ( read original story …)
Nokia enables China Mobile with enterprise IoT connectivity globally
All the essential news and articles related to the Internet of Things (IoT), on a daily basis, and with a business perspective. ( read original story …)
China to Hold Second Lottery Trial of the Digital Yuan
A city in China will hold the second lottery of the country’s central bank digital currency (CBDC) next month. On Dec. 12, a shopping festival known as “Double 12” in China, the city of Suzhou…
Why China’s Debt Defaults Are More Alarming This Time
Chinese companies are facing a reality check after years of ramping up debt. A crackdown on unregulated lending — so-called shadow banking — and tighter rules on asset management made it harder for … (…
Beijing warns of crackdown on misconduct after bond defaults
Beijing has warned it will show “zero tolerance” for financial misconduct after several high-profile bond defaults by state-owned companies roiled the Chinese debt market. Speaking at a meeting for … ( read original story …)
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