China Construction Bank is planning to raise up to $3 billion from a sale of bonds that individuals and institutions can trade in and out of using U.S. dollars or bitcoin. ( read original story…
Monthly Archives For November 2020
Fintech firms must behave like banks, China regulator says as it ring-fences runaway industry to rein in potential risks
Liang’s comments are the clearest enunciation of the Chinese regulator’s risk appetite in the world’s largest fintech market, after they foiled Ant Group’s US$39.67 billion stock sale in Shanghai and … ( read original story…
Trade Finance Market Boosting the Growth Worldwide | Societe Generale, China Exim Bank, BNP Paribas
AMA Research published a new research publication on “Trade Finance Market Insights, to 2025” with 150+pages and enriched with self-explained Tables and charts in presentable format. In the Study you … ( read original story…
China’s Online Dating Apps Are Big Business. And One Matchmaker Is Grabbing a Piece of It.
Revenue for China’s overall online dating market is estimated to hit $1.1 billion next year, according to iResearch. And one popular local matchmaker has 250,000 followers on China’s Kuaishou … ( read original story …)
Workaholic Shenzhen city makes leave time mandatory in first for China
The southern Chinese technology hub of Shenzhen, notorious for its long work hours, will become China’s first city to require that workers take paid leave, a move to help reduce burnout that may be ……
The Big-Tech-Monopoly Crackdown Hits China
Governments around the world are grappling with the overreaching power of Big Tech. Recent events indicate Beijing will take on its technology giants as well. ( read original story …)
China’s recipe for rescuing retail: virtual pets, walnuts — and Katy Perry
Consumers hit websites in droves for the country’s annual shopping frenzy, though some say they are more frugal this year. ( read original story …)
China’s tech shares slide as Beijing unveils antitrust crackdown – business live
Shares in China’s technology industry have taken a tumble after Beijing’s market regulator took its first major step towards tackling the monopolistic power of its tech giants. The State … ( read original story …)
China’s banking regulator urges enhanced anti-monopoly scrutiny in financial sector
China should borrow the play-book of foreign countries and step up anti-monopoly scrutiny in the financial sector to protect the interests of consumers, a senior official at the country’s top banking … ( read original…
China to clamp down on internet monopolies
China has proposed new regulations aimed at curbing the power of its biggest internet companies. The regulations suggest increasing unease in Beijing with the growing influence of digital platforms. ( read original story …)
China, emerging markets suffering shortfall in sustainable financing, Standard Chartered says
China’s commitment to reach carbon neutrality by 2060 could help fuel increase in investment, according to Standard Chartered’s sustainable finance head. ( read original story …)
Four Hong Kong lawmakers unseated as Beijing moves to silence opposition
Four pro-democracy Hong Kong lawmakers were stripped of their seats on Wednesday after Beijing passed a resolution giving local authorities broad new powers to quash dissent, in a move that could … ( read original…
Beijing Ousts Four Opposition Lawmakers in Hong Kong
Four pro-democracy Hong Kong lawmakers were stripped of their seats after Beijing empowered local officials to unseat dissenting politicians without going through the courts. ( read original story …)
