China’s market regulator on Tuesday published draft rules aimed at preventing monopolistic behavior by internet platforms, in a move that will increase scrutiny on the country’s e-commerce … ( read original story …)
Monthly Archives For November 2020
Founder of China Property Site With No Profits Worth $20 Billion
Zuo Hui is on a mission to bring transparency to China’s murky property market, where buyers must navigate fake listings and sometimes fraud. ( read original story …)
Latest IPO Rejection Shows China Getting Tougher on Share Sales
Just over a week since the Shanghai Stock Exchange’s stunning suspension of Ant Group Co.’s blockbuster listing, its rival in Shenzhen turned down another hopeful for the first time since new rules … ( read…
Beijing gives up on even the pretense of allowing opposition in Hong Kong
Hong Kong has been the freest city in China, a status symbolized by two things: regular street protests, and elections to the city’s legislature. ( read original story …)
I quarantined in Beijing, Tokyo and Hong Kong. Here’s what I learned
I’ve spent nearly one-third of them in quarantine. I started in Beijing and have journeyed to Hong Kong and now Tokyo. ( read original story …)
China Targets Hong Kong’s Lawmakers as It Squelches Dissent
Four pro-democracy figures were forced out of the legislature, prompting another 15 to vow to resign in solidarity, as Beijing cracks down on one of the city’s few remaining venues for political … ( read…
Australia-China row upset Woodside talks to sell gas project stake to Chinese firms
Woodside Petroleum shelved talks to sell stakes in a gas field and liquefied natural gas (LNG) project to Chinese companies a few months ago because of the diplomatic row between Australia and China, … (…
China’s CoronaVac Trial Resumes in Brazil After ‘Adverse Event’
Brazil reversed its decision to suspend trials of a coronavirus vaccine from Chinese developer Sinovac Biotech Ltd., allowing tests to resume less than 48 hours after being halted, amid criticism the … ( read original…
Singles Day: Luxury brands jump on China’s shopping event
Luxury brands have embraced China’s largest annual shopping spree, helping “Singles Day” break records once again. Firms including Balenciaga and Prada debuted on Singles Day, or Double 11, joining … ( read original story …)
Hong Kong pro-democracy lawmakers resign en masse after Beijing rules to quash dissent
The entirety of Hong Kong’s elected pro-democracy opposition announced its intention to resign Wednesday in protest over the expulsion of four lawmakers, after Beijing passed a resolution giving local … ( read original story …)
JD Retail says sales from China’s lower-tier cities are growing by over 100% this year
JD Retail’s CEO Xu Lei says the Chinese retailer is aiming to become an “all-channel” platform and focusing on penetrating China’s lower-tier markets. ( read original story …)
Mainland China reports 15 new COVID-19 cases vs. 17 a day earlier
Mainland China reported 15 new COVID-19 cases for Nov. 11, down from 17 cases a day earlier, the country’s national health authority said on Thursday. ( read original story …)
China’s Big Tech Crackdown
Welcome to the Capital Note, a newsletter about business, finance and economics. On the menu today: a stalled IPO bodes poorly for China’s tech industry, Ackman’s Big Short 2.0, a bleak economic … ( read…
