However, Didi’s upcoming IPO could now be overshadowed by China’s expanding antitrust scrutiny of its tech giants. China’s top market regulator, the State Administration for Market Regulation, has …
Monthly Archives For June 2021
China’s market regulator reportedly launched antitrust probe into IPO-bound Didi
China’s market regulator began an antitrust probe into Didi Chuxing, just as the ride-hailing giant is pushing ahead with its IPO in the U.S. this year.
Hong Kong police raid Apple Daily pro-democracy newspaper as China’s crackdown continues
Police claim Apple Daily bosses held for collusion with external elements “to endanger national security” as China continues crackdown on dissent.
He Warned Apple About the Risks in China. Then They Became Reality.
Doug Guthrie, once one of America’s leading China bulls, rang the alarm on doing business there. He spoke about his time at Apple.
BOC-10 destroys P75-M cigarettes from China
Makers of illegally imported cigarettes are resorting to another tactic by making it look like the products they are shipping to the country is locally manufactured by labeling cigarette boxes with …
Bitcoin miners exit China, beat a path to the U.S. as crypto climate shifts
Beijing appears uneasy not only about the industry’s carbon footprint, but also the intrinsically uncontrollable nature of cryptocurrency.
Why digital sports entertainment is the next big sports industry business in China
Favourable national policies in China have led to rapid growth of the sports industry; and industry’s newest main driver comes from technology-enabled sports entertainment business.
World Coronavirus Dispatch: Beijing pips global hubs with 80% jab rate
CureVac’s shares plunge as vaccine disappoints, Japan set to lift some curbs ahead of Tokyo Olympics, and other pandemic-related news across the globe …
Taishan nuclear plant: China admits damage to fuel rods
The Chinese government has acknowledged damage to fuel rods at a nuclear power plant in the south of the country, but said no radioactivity had leaked. China’s Ministry of Ecology and Environment said …
China profits off our passivity. Biden’s American Jobs Plan would change that: Granholm
Imbalances with China have made our economy vulnerable to supply chain disruptions and put us at a huge disadvantage in the global clean energy race.
Fitch Affirms Beijing Capital Development Holding at ‘BBB’; Outlook Stable
Fitch Ratings has affirmed Beijing Capital Development Holding (Group) Co., Ltd.’s (BCDH) Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB’. The Outlook is Stable. Fitch has also …
China’s fiscal revenue up 24.2% in first five months
China’s fiscal revenue jumped 24.2 percent year-on-year in the first five months of 2021, official data showed Thursday. According to data released by the Ministry of Finance, the country’s fiscal …
Analysis – China’s growing bunker fuel market squeezes out N. Asian competitors
China is reshaping global shipping fuel markets by taking advantage of its booming maritime trade and massive refining capacity to undercut rivals from Singapore to South Korea and become the world’s …
