Prosecutors are mulling charging Hoang Lam-phuc, 17, with failing to surrender to custody and conspiracy to assist offenders in addition to his existing case. ( read original story …)
Monthly Archives For January 2021
China Tightens Oversight of Consumer Finance Firms With Scoring
China’s banking regulator is strengthening oversight of consumer finance firms with a new annual scoring system, continuing to step up scrutiny as the likes of Ant Group Co. are setting up new units … (…
Coronavirus: China-led AIIB to support vaccine roll-outs in developing nations
Bank did not give details of the financing plan but said total loans in 2021 would be at a similar level to last year’s. ( read original story …)
Facing New Outbreaks, China Places Over 22 Million on Lockdown
The country is experiencing its worst coronavirus flare-up since last summer, testing the government’s success in subduing the disease. ( read original story …)
China pushes technical solutions in race to meet climate goals
China will promote large-scale carbon capture projects and track methane emissions from coal and oil and gas extraction, as part of its contribution to global efforts to limit temperature rises, the … ( read original…
If you want to truly understand China, do you need to be able to speak Chinese?
As a student, I learned English was the language of opportunity – a belief that keeps most Chinese invisible to the global elite, says scientist Yangyang Cheng … ( read original story …)
As China COVID-19 cases rise, millions more placed under lockdown
China posted its biggest daily jump in COVID cases in more than five months on Wednesday, stepping up containment measures that have seen four cities put under lockdown, as the world’s second biggest … (…
Oil hits 11-month high; China car sales keep recovering – business live
Shares in oil giants BP (+1.5%) and Royal Dutch Shell (+1%) have risen in early trading, following the rally in the oil price. This has helped to lift the FTSE 100 by around 10 points…
Bets on for Macau’s Sands China after U.S. billionaire Adelson’s death
Sands China Ltd’s adjustment to life after the death of billionaire founder Sheldon Adelson, coming a year before the firm’s gaming licence expires, could open up opportunities for Chinese investors … ( read original story…
Chinese facial recognition unicorn Megvii prepares China IPO
Megvii, one of China’s largest facial recognition startups, is gearing up for an initial public offering in Shanghai. The company is working with CITIC Securities to prepare for its planned listing, … ( read original…
China’s Megvii kick-starts IPO on Shanghai’s Star Market after Trump added facial recognition giant to entity list
Facial-recognition developer Megvii abandoned its original Hong Kong IPO plan after the Trump administration placed it on a trade blacklist; it is now looking to list on Shanghai’s Star Market. ( read original story …)
PE firm Privavera chairman says remain optimistic about China’s Ant Group
Private equity firm Primavera Group, which counts China’s Ant Group as one of its portfolio companies, remains optimistic about the financial technology giant, its chairman Fred Hu said on Wednesday, … ( read original story…
Why Trump’s attempt to delist China from US will backfire
The China delistings have begun. This week, the New York Stock Exchange expelled three Chinese telecom companies to implement President Donald Trump’s November order that bars Americans from buying … ( read original story …)
