Some of Ant Group’s global investors have valued the Chinese fintech firm at over $200 billion based on its 2020 performance, said people with knowledge of the matter, offering a more sober estimate … (…
Monthly Archives For March 2021
China will allow visitors if they have had CHINESE vaccine
The country has been closed to most foreigners since last March to stem the spread of coronavirus which it has largely brought under control at home, stranding many foreigners with jobs and family … (…
Why are Myanmar’s anti-coup protesters angry at China?
Many protesters believe China supports the Tatmadaw – despite Beijing’s denial – and are sceptical of Chinese investments in the country. ( read original story …)
NFTs not disrupting traditional art world (yet), China now biggest auction market: arts update
China overtook the US to become the biggest auctions market for the first time in 2020, according to the 2021 Art Basel and UBS Global Art Market Report, whose author also chimes in on non-fungible … ( read original…
Eating up the rainforest: China’s taste for beef drives exports from Brazil
Sales rose by 76% last year and show no signs of slowing, fuelling an environmental crisis in the Amazon and Cerrado regions … ( read original story …)
Beijing covered in thick orange dust cloud with ‘hazardous’ pollution levels
The capitol city of China has been covered in a thick orange dust cloud which is causing breathing problems for some people living there. ( read original story …)
China appears to block Signal app, tightening Internet controls
The service was one of few foreign platforms still accessible in the country, and was used by dissidents, activists and others to skirt censorship. ( read original story …)
China’s Xi Jinping says regulations need to close ‘loopholes’ as Beijing cracks down on tech
The latest comments come straight from China’s top leader, Xi Jinping, indicating there is likely to be further action taken against the tech giants. ( read original story …)
Vanguard suspends push for China fund licence
Vanguard has halted plans to obtain a fund management licence in China just months after moving its main Asia office to Shanghai, as the US group’s low-cost model hit speed bumps in a fast-growing ……
Foxconn Technology Group’s Chengdu Campus Recognized by World Economic Forum’s Global Lighthouse Network as a Lighthouse Factory
TAIPEI, March 16, 2021 /PRNewswire/ — Foxconn Technology Group today announced that a second of the company’s factories, a factory based in Chengdu, China, has been recognised by the World … ( read original story…
China’s LNG buyers seize on reforms opening access to import infrastructure
China’s smaller liquefied natural gas buyers are seizing on reforms that’ve opened access to import infrastructure to boost competition, issuing a spate of tenders for the fuel over the past month. ( read original story…
Alibaba’s Ant Leads The Way Globally In Blockchain Patents
The company has 2,298 blockchain patents. Shenzen-based conglomerate Ping An Insurance (Group) Company of China Ltd. (OTC: PNGAY) filed 1,215 patents in 2020 to wrest the second spot from Tencent … ( read original story…
UBS Raises China GDP Call to 9% as Biden Stimulus Drives Exports
China’s economy will grow even faster than initially expected in 2021, driven by a strong rebound in the domestic economy and U.S. stimulus that should drive demand for Chinese exports, UBS Group AG … (…
