Beijing is waiting to see what line Biden’s administration will take on the U.S.-China confrontation and Hong Kong. ( read original story …)
Monthly Archives For November 2020
India, China Close in on Plan to End Months of Military Standoff
Seeking to end a dangerous military standoff in the western Himalayas, India and China are formulating a plan that involves creating no-patrol zones, pulling back tanks and artillery, and using drones … ( read original…
$300M in Bitcoin Flow to Binance From Huobi as China Gets Tougher on Exchanges
As the Chinese government cracks down on several crypto exchanges catering to traders based in China, many of those customers – and their bitcoin – have been making their way to Binance over the past…
Beijing Attacks America’s New Investment Blacklist
Beijing condemned a move by President Trump to block American investments in some key Chinese companies, following a steep selloff in shares of several of the targets. ( read original story …)
Breakingviews – Trump fires messy parting shot at Beijing
Donald Trump is firing a parting shot at Beijing. To stop more money from flowing into the People’s Republic, the lame-duck U.S. president signed an executive order to block U.S. investment in Chinese … (…
Dissecting China’s Crackdown on Its Internet Giants
China’s biggest internet companies got that way with at least tacit support from the government. Now two events have raised doubts about where those internet giants stand: the last-minute suspension … ( read original story…
China Unicom, Huawei to build Beijing into 5G benchmark
China Unicom, a major Chinese telecom operator, and Huawei Technologies Co jointly announced the achievements of the 5G Capital innovation project with the theme of “Smarter, Together”. The 5G Capital … ( read original story…
China’s banking/insurance regulator to ban insurers from property investments
China will ban insurers from making equity investments into companies directly engaging in real estate development or sales businesses, the country’s banking and insurance watchdog said on Friday. The … ( read original story …)
China’s president ‘personally blocked’ Jack Ma’s Ant Group IPO
In August, the Chinese fintech giant unveiled plans for a dual-listing stock market debut in Hong Kong and on the Shanghai Stock Exchange’s Star Market. ( read original story …)
Ant’s record-breaking $37 billion IPO was personally halted by China’s Xi Jinping after boss Jack Ma snubbed government leaders, report says
A week before Ant was set to go public, Ma made incendiary comments that didn’t go down well with the president or government officials. ( read original story …)
China’s Internet Clampdown Hits Alibaba But Spares Tencent
Chinese e-commerce giant Alibaba appears to be bearing the brunt of the impact from the country’s toughening regulatory environment. ( read original story …)
China congratulates Biden, but few US policy changes seen
China on Friday became one of the last major countries to congratulate U.S. President-elect Joe Biden, who is expected to make few changes to U.S. policy in conflicts with … ( read original story …)
Korean girl group’s panda stunt prompts anger in China
A publicity stunt involving South Korean girl group Blackpink and a cuddly baby panda has prompted outraged comments and calls for an apology from some in China. ( read original story …)
