China is expected to reveal a robust increase in defence spending at the March 5 annual opening of parliament, as its economy rebounds from the COVID-19 pandemic and military tensions rise, Chinese … ( read…
Monthly Archives For February 2021
China, a linchpin of global supply chain, consumers spending: scholar
Sharp increase in China’s retail sales volume during its Lunar New Year week indicates that China has become not only a linchpin of the global supply chain but also a linchpin of global consumers ……
AmCham South China: 94% of US Companies Optimistic towards 2021 Business Outlook in China
The American Chamber of Commerce in South China (“AmCham South China”) today released its 2021 White Paper on the Business Environment in China and 2021 Special Report on the State of Business in … (…
China’s Big New Market…in China
Beijing. It’s over. The China threat. No Thucydides trap of rising power threatening established power. Still scope for misunderstandings, a naval clash in the South China Sea, an exchange at the … ( read original…
China’s Ant to boost consumer finance unit capital as it restructures micro-lending -sources
China’s Ant Group is in talks with other shareholders in its new consumer finance unit to bolster the firm’s capital as it prepares to fold in its lucrative micro-lending businesses, people familiar … ( read…
Pinduoduo recognized for work on alleviating poverty in China
Pinduoduo Inc. (“Pinduoduo”, or the “Company”) (NASDAQ: PDD), China’s largest agricultural platform, was recognized for its efforts in alleviating rural poverty. Pinduoduo was one of three technology … ( read original story …)
Katherine Tai, Biden’s top trade nominee, says tariffs are ‘legitimate tools’ to counter China
Katherine Tai, President Joe Biden’s top trade nominee, backed tariffs as a “legitimate tool” to counter China’s state-driven economic model. ( read original story …)
China Bank posts P12.1B net income in 2020, up 20%
Sy-led China Banking Corp. posted a double-digit increase in its bottom line in 2020 on strong performance across its businesses, offsetting the impact of COVID-19 pandemic. In a disclosure to the … ( read original…
Wanxiang Blockchain Forms RISC-V International Blockchain SIG with Ecosystem Partners
MWC Shanghai, Wanxiang Blockchain and aitos.io announced they joined RISC-V International as strategic members and have formed RISC-V International’s new Blockchain SIG (special interest group) in … ( read original story …)
With COVID-19 under control, China moviegoers smash box office records
February marked China’s all-time biggest month for movie ticket sales, which have so far totaled 11.2 billion yuan ($1.73 billion). ( read original story …)
Ex-Shenzhen detainee to be charged with absconding
The Department of Justice told Kowloon City Court on Friday that it is planning to charge one of the group of 12 Hong Kong youths who were detained in Shenzhen with absconding. Hoang Lam-phuc ……
Breakingviews – Evergrande contagion tests Beijing’s generosity
Evergrande’s troubles are proving contagious. Suning.com, one of China’s best-known retailers, recently threw a financial lifeline to the embattled property developer. That added to the $10 billion … ( read original story …)
China Tech Investor: Ant Group, DCEP, crypto mining, and all things China fintech with Eliza Gkritsi
China Tech Investor is a weekly look at China’s tech companies through the lens of investment. Each week, hosts Elliott Zaagman and James Hull go through their watch list of publicly listed tech … (…
