China introduces new curbs in areas surrounding Beijing; Malaysia state of emergency comes one day before strict lockdown … ( read original story …)
Monthly Archives For January 2021
Shenzhen Is Building Record Number of New Homes to Meet Surging Demand
Shenzhen, which has some of the fastest rising house prices in China, more than doubled its supply of new houses last year to an all-time high in order to meet ever increasing demand and to…
CBA: No refereeing miscue in clutch time of Beijing vs Shenzhen game
Beijing Ducks captain Zhai Xiaochuan (1st R) expresses dissatisfaction over referee’s judgement in the Chinese Basketball Association (CBA) match between the Beijing Ducks and the Shenzhen Aviators on … ( read original story …)
China: Make-up wipes ad pulled over victim-blaming claims
A Chinese company has apologised and pulled an advertisement for make-up remover wipes after it sparked outrage for allegedly victim-blaming women. The ad by Purcotton, which has gone viral, shows a … ( read original…
Shanghai Government Invests $5M in Blockchain Startup Conflux
Public chain startup Conflux, backed by Huobi and Sequoia, has received a $5 million research grant from the Chinese government. ( read original story …)
Jack Ma vs Xi Jinping: the future of private business in China
In a series of calls and meetings with Jack Ma, Ant’s founder, bank executives and regulatory officials demanded that its Yu’E Bao fund be reined in. “Yu’E Bao was pulling a lot of money from…
Exclusive: China plans further Hong Kong crackdown after mass arrest – sources
The arrest of more than 50 democrats in Hong Kong last week intensifies a drive by Beijing to stifle any return of a populist challenge to Chinese rule and more measures are likely, according to…
BlackRock and Vanguard face heavy burden of US sanctions on China
BlackRock and Vanguard face having to offload billions of dollars worth of investments in order to comply with the US government’s decision to blacklist Chinese companies with military connections. ( read original story …)
Carmaker Nio is ‘well positioned’ to capture a lot of China’s electric vehicle market, analyst says
Chinese electric car start-up Nio released its first sedan, the et7 with self-driving technology features that it claims surpass that of Tesla. ( read original story …)
How China Won Trump’s Trade War and Got Americans to Foot the Bill
U.S. President Donald Trump famously tweeted that “trade wars are good, and easy to win” in 2018 as he began to impose tariffs on about $360 billion of imports from China. Turns out he was…
Investors Piling into China’s Stocks Must Remember Portfolio Diversification
As China’s stock market reached its highest level since the 2008 global financial crash and the country’s economic recovery accelerates, investors will continue … ( read original story …)
China’s top court demands greater scrutiny to prevent monopolies
China’s top court has demanded more scrutiny is needed to crack down on monopolies and unfair competition. The Supreme People’s Court stated that extensive work needs to be done to determine and … ( read…
China’s Xi congratulates North Korea’s Kim on new title
Chinese President Xi Jinping has congratulated North Korea leader Kim Jong Un on being elected as general secretary of the ruling Workers’ Party, Chinese state media said on Monday. ( read original story …)