Roughly 2,800 kilograms of frozen shrimp were prevented from entering the market in Fuzhou, capital of East China’s Fujian province … ( read original story …)
Monthly Archives For December 2020
China is so cold that water freezes instantly!
The temperatures in parts of China are so cold that people are having fun experimenting by squirting water out of bottles and seeing it freeze instantly! ( read original story …)
Slap on wrist or shot across the bows? China fines tech giants
Anti-trust watchdog fines Alibaba and unit of Tencent over acquisitions after regulators warned tech firms of scrutiny. ( read original story …)
Pro-Beijing CTiTV Goes Off Air in Taiwan, Seeks Court Reversal
Beijing news channel, went off air this weekend in Taiwan after its operator lost an appeal against a decision by the National Communications Commission. But the skirmishing is far from over. The … ( read…
‘We Are Not Like Libra’: China’s CBDC Won’t Aim to Replace International Fiats
China’s national digital currency, formally known as the Digital Currency Electronic Payment (DCEP) will not seek to replace globally accepted fiat currencies like the dollar and the euro, said … ( read original story …)
‘China’s Apple’ Overtook Apple As World’s Third Biggest Smartphone Maker. Can It Profit?
Chinese tech company Xiaomi , often known as ‘China’s Apple’ overtook Apple (NASDAQ:AAPL) as the world’s third biggest smartphone vendor by shipments during the quarter en … ( read original story …)
China’s Alibaba, Tencent unit fined under anti-monopoly law
China’s market regulator has fined Alibaba Group and a Tencent Holdings-backed company for failing to seek approval before proceeding with some acquisitions … ( read original story …)
China Fines Alibaba, Tencent Unit Under Anti-Monopoly Laws
China’s antitrust watchdog fined Alibaba Group Holding Ltd. and a Tencent Holdings Ltd. unit over a pair of years-old acquisitions and said it’s reviewing an impending Tencent-led merger, signaling … ( read original story …)
China’s Combative Nationalists See a World Turning Their Way
China’s Communist Party is pushing the narrative that the pandemic has proved the superiority of its authoritarian model. The muscular message is finding fans at home. ( read original story …)
China says legal rights and interests of detained Bloomberg Chinese employee guaranteed
Chinese foreign ministry spokesman Wang Wenbin said on Monday that the case of a Chinese national working for Bloomberg News being detained is under investigation, and that all legal rights and … ( read original…
China fines Alibaba, Tencent-backed China Literature for not reporting deals to anti-trust regulators
China’s market regulator said on Monday it fined Alibaba Group, Tencent Holdings-backed China Literature and Shenzhen Hive Box 500,000 yuan ($76,464.29) each for not reporting deals properly for … ( read original story …)
China urges U.S. to stop abusing state power to crack down on foreign firms
China on Monday urged the United States to stop abusing state power to crack down on foreign companies, after Nasdaq said it will remove four Chinese companies’ shares from indexes in response to a U.…
China’s Digital Yuan Completed 20K+ Transactions in Successful Weekend Trial
Residents of China sent 20,000 transactions through e-commerce platform JD.com within the first 24 hours of a trial of the country’s digital yuan in the city of Suzhou, according to the Global Times. ( read…
