A Chinese court has sentenced a former lawyer who reported on the early stage of the coronavirus outbreak to four years in prison. ( read original story …)
Monthly Archives For December 2020
Ten Hong Kong Pro-Democracy Activists Facing Trial In Shenzhen
On December 28, 2020, 10 out of the 12 detained Hong Kong pro-democracy activists are facing trial at Shenzhen Yantian People’s Court for charges pertaining to alleged illegal border crossing. ( read original story …)
Shares of Alibaba, Tencent, Meituan take a hammering in Hong Kong as Beijing clips Ant’s wings, cracks down on monopolies
Hong Kong stocks declined on Monday as moves by Beijing to rein in the dominance of big tech sent Alibaba, Tencent and Meituan shares plummeting. ( read original story …)
As Asia embraces a zero-carbon future, Hong Kong must make a niche as a green finance hub
Trillions will be needed for China, Japan and South Korea, not to mention other Asian economies, to achieve carbon neutrality, Hong Kong’s financial sector has a critical role in helping to raise … ( read…
China tells Ant Group to quickly overhaul its business
China has ordered the country’s biggest online payments platform to overhaul large swaths of its operations as regulators continue their efforts to rein in some of the most powerful Chinese internet … ( read original…
End the China economic delusion
It was once an accepted truth that China’s increased economic trade and participation in international bodies such as the World Trade Organization would benefit everyone. ( read original story …)
China Orders Ant Group To Return To Online Payment Roots
Chinese fintech giant Ant Group has been ordered by regulators to drastically change its business model and return to its roots as a payment services provider, as the state squeeze continues on the … (…
Citizen journalist in China who reported on COVID-19 sentenced to 4 years
Zhang Zhan, a 37-year-old citizen journalist who reported on crowded hospitals and the conditions in Wuhan earlier this year, was sentenced Monday to four years over the offense of “picking quarrels … ( read original…
China sentences citizen journalist to four years in prison for Wuhan lockdown reports
Zhang Zhan’s critical coverage offered a rare window into the desperation of residents at the initial center of the coronavirus outbreak. ( read original story …)
Tech giants Alibaba, Tencent, Meituan see share prices plunge as Beijing cracks down on monopolies
Hong Kong stocks were up and down on Monday morning, as investors watched for signals from Beijing about antitrust rules in the tech sector, and Covid-19 cases flared. ( read original story …)
China stocks end higher on upbeat data
China stocks closed higher on Monday, helped by strong industrial profit data that underscored a continued recovery in the world’s second-largest economy. ( read original story …)
China jails citizen journalist over coronavirus coverage
A Chinese court on Monday sentenced citizen journalist Zhang Zhan who reported on the coronavirus outbreak in the central Chinese city of Wuhan to four years in prison. ( read original story …)
Western diplomats gather outside court, US calls for release as trial of Hong Kong fugitives detained at sea begins in Shenzhen
As the high-profile trial of 10 of the 12 Hong Kong fugitives held in neighbouring Shenzhen began on Monday afternoon, diplomats from multiple Western countries gathered outside the court building, … ( read original story…