UBS has applied to buy out two minority investors in its China joint venture, boosting its stake in Beijing-based UBS Securities to 67%. The bank’s strong and long-standing relationship with the owner … ( read…
Monthly Archives For March 2021
China’s Ant Group Issues Financial Self-Discipline Rules on Tighter Regulatory Oversight
As a reflection of regulators’ tough stance on financial risks, Guo Shuqing, head of the China Banking and Insurance Regulatory Commission, warned last week that bubble risk was a core issue facing … ( read…
China targeting India? Import costs of paracetamol, antibiotics ingredients see 100% jump
New Delhi: The prices of raw materials to manufacture medicines have started moving up, yet again. And China is to be blamed. The prices of raw materials, known as active pharmaceutical ingredients … ( read…
Olympic host Japan will not take part in China vaccine offer
Japan will not take part in China’s offer — accepted by the International Olympic Committee — to provide vaccines for “participants” in the postponed Tokyo Games and next … ( read original story …)
In a Fearful China, Its Dr. Fauci Wins Hearts With Restraint
Zhang Wenhong has drawn a huge public following with a human touch and candid advice that sometimes runs counter to the government’s authoritarian instincts. ( read original story …)
China Unicom raises dividend as FY profit grows over 10%
China Unicom reported service revenues of CNY 275.8 billion for 2020, up 4.3 percent from the previous year. EBITDA reached CNY 94.1 billion, and net profit was up 10.3 percent to CNY 12.5 billion. (…
Tencent Faces Broad China Clampdown on Fintech, Deals
Pony Ma’s Tencent Holdings Ltd. has been put on notice.Asia’s largest conglomerate was censured by China’s antitrust watchdog on Friday as Beijing expands a crackdown that began with Jack Ma’s online … ( read original…
China FDI up 34.2 per cent in US dollar terms in January-February
Foreign direct investment (FDI) in China, excluding the banking, securities and insurance sectors, stood at 176.76 billion yuan in January and February, up 31.5 per cent compared to the same period a … ( read…
Chinese social media users declare war on cute South Korean cartoon Super Wings for allegedly disrespecting China
The show was first broadcast in Korea in 2014 and on Hunan TV in China in 2015. The series follows a personified airplane who flies all over the world and interacts with children and local…
Chinese Soldier Stands Guard at the NPC in Beijing, China
A Chinese soldier stands guard during the closing session of the Fourth Session of the 13th National People’s Congress (NPC) being held in the Great Hall of the People In Beijing on Thursday, March 11…
Weibo deactivates Bitcoin trading platforms in China, raising concerns on cryptocurrency rules
Global Times – The Weibo accounts of three major Bitcoin trading exchanges, Huobi, OKEx and Binance were deactivated on Thursday, triggering concerns over tightening regulation on cryptocurrency in … ( read original story …)
China’s ‘vaccine favouritism’ risks damaging global fight against pandemic, says expert
China’s “vaccine favouritism” could be damaging public health efforts amid the COVID-19 pandemic, a leading expert has told Sky News. China has pledged to donate coronavirus vaccines to 53 countries … ( read original story…
Chinese online luxury retailer Secoo and iconic British brand Liberty hold an offline exhibition in China
Secoo (NASDAQ: SECO), the leading online luxury retailer in China, will hold a two-week offline exhibition in China in cooperation with the 146-year-old leading British department store Liberty. This … ( read original story …)
