China’s central bank will look into and punish illegal personal credit scoring businesses, a central bank official said on Monday, as the government tightens regulation on fintech firms who collect … ( read original story…
Monthly Archives For January 2021
China’s c.bank to examine fintech firms for illegal unlicensed credit scoring business
China’s central bank will look into and punish illegal unlicensed personal credit scoring businesses, a central bank official said on Monday, as the government tightens regulation on fintech firms who … ( read original story…
EXPLAINER: How Taiwan figures in US-China ties under Biden
It didn’t take long for relations with China to become an issue for new U.S. President Joe Biden. A show of force by the Chinese air force off Taiwan last weekend prompted a U.S. response,…
Nine workers found dead in China mine explosion after 11 rescued
Eleven others were rescued Sunday after being trapped for two weeks, and one person is still missing at the gold mine in Shandong province. ( read original story …)
China Cries ‘Fake News’ After Reports 20 Troops Hurt in India Border Clash
Chinese state media has decried what it calls “fake news” reports detailing a major clash between Indian and Chinese troops at Naku La in the north Sikkim border area between the two countries. Indian ……
Kuaishou, TikTok’s rival in China, wants to raise more than $6 billion in Hong Kong IPO
A short-form video app that competes with the Chinese version of TikTok is preparing for what is expected to be the world’s largest initial public offering since the coronavirus pandemic began. ( read original story…
TikTok rival Kuaishou aims to raise $5.4 billion in what could be the biggest tech IPO since Uber
The IPO could value Chinese livestreaming and short video app Kuaishou, a TikTok rival, at up to $60 billion. ( read original story …)
Kuaishou, TikTok’s rival in China, could be the biggest IPO since the pandemic began
A short-form video app that competes with the Chinese version of TikTok is preparing for what is expected to be the world’s largest initial public offering since the coronavirus pandemic began. ( read original story…
Chinese brands are gaining popularity at home. Here are 3 stocks to watch
Social media and e-commerce have shaken up the retail industry and raised stakes for companies trying to sell to China’s increasingly price-conscious consumer. ( read original story …)
China says U.S. military in South China Sea not good for peace
The United States often sends ships and aircraft into the South China Sea to “flex its muscles” and this is not good for peace, China’s Foreign Ministry said on Monday, after a U.S. aircraft carrier…
China tackles pandemic with mass construction once again
A sprawling quarantine center is more than 4,000 rooms is being thrown up in northern China in response to a COVID-19 outbreak in Shijiazhuang, a city of more than 10 million people in Hebei province.…
Exclusive: China’s Huawei in talks to sell premium smartphone brands P and Mate – sources
China’s Huawei Technologies Co Ltd is in early-stage talks to sell its premium smartphone brands P and Mate, two people with direct knowledge of the matter said, a move that could see the company ……
China Evergrande shares jump on unit’s fund-raising plan
Debt-laden property developer China Evergrande jumped more than 8% on Monday after its electric vehicles unit said it would raise $3.4 billion by bringing in six new investors, a move that analysts … ( read…
