Ant Group Co.’s aspiration to revive its initial public offering could be jeopardized by recent investigations into Hangzhou’s top political leaders, according to Bloomberg Intelligence. An IPO …
Monthly Archives For August 2021
China steps up scrutiny of brokerages’ margin loan business – media
China’s securities regulator has strengthened scrutiny of brokerages’ margin lending and securities borrowing businesses, after detecting misbehaviour recently, the official China Securities Journal …
Beijing-Shanghai high-speed railway net profit soars in H1
The Beijing-Shanghai high-speed railway raised 15.1 billion yuan ($2.3 billion) revenue in the first half of this year or 50.3 percent more from that of a year ago. And its net profit surged 417.28 …
China’s factory activity expands at slower pace in August, services contract
China’s factory activity expanded at a slower pace in August, while the services sector slumped into contraction, as coronavirus-related restrictions and high raw material prices pressure businesses …
China environment ministry says U.S. climate envoy Kerry invited to visit
United States climate envoy John Kerry will visit china between Aug. 31 and Sept. 3 at China’s invitation, China’s Ministry of Ecology and Environment said in a statement on Tuesday.
China’s Economic Activity Weakens in August Amid Delta Outbreak
China’s economic activity weakened in August as an outbreak of the delta virus variant curbed consumer spending and travel, while surging materials costs and supply-chain woes hindered production.
China bans kids from playing video games more than three hours per week starting September 1
Chinese government authorities are hoping to combat the growing rate of video game addiction in their country by limiting the playing time for minors to three hours per week. The rules: Children under …
China limits gaming time for children to 3 hours a week
China is banning children from playing online games for more than three hours a week, the harshest restriction so far on the game industry as regulators in the country continue cracking down on the …
ZTE secures order for IPRAN products from China Unicom
ZTE announced it has won the bid of the centralized procurement of IPRAN products from China Unicom. The contract includes ZTE’s multiservice packet platform ZXCTN 9000-EA series and its 5G transport …
Venture Funds Pour Into Hardware as China Curbs Internet Firms
China’s hardware startups are getting more venture capital funding this year, helped by Beijing’s effort to drive investments in strategically important technology as well as its crackdown on the …
Dongguan upstages Shenzhen and richer cities with first joint-ownership plan to ease China’s housing market pain
Xi Jinping declares ‘complete victory’ in China’s anti-poverty campaign, but some still left behind Xi Jinping declares ‘complete victory’ in China’s anti-poverty campaign, but some still left behind …
U.S. climate envoy Kerry to visit China and Japan this week
U.S. climate envoy John Kerry will travel to China and Japan this week “to engage with international counterparts on efforts to address the climate crisis,” the State Department said in a statement on …
Little sign of China decoupling from the rest of the world
Judging by China’s export performance in the past two years, there is little evidence that developed countries are decoupling from the country. On the contrary, China’s global market share has risen …
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