New rules classify important data as geographical information, traffic data in important and sensitive areas including military regions.
Monthly Archives For August 2021
China freezes more than 40 IPOs pending an investigation as regulatory screws tighten
Two Chinese stock exchanges have frozen more than 40 planned IPOs, according to Reuters. The exchanges say the freeze is due to a pending investigation by China’s securities regulator. The securities …
Beijing Embraces ‘Moral Hazard’ – The Huarong Bailout Was The Right Move
Sometimes, there are reasons to backstop a failing enterprise. A Huarong default in the dollar bond market would have risked wider damage to China’s strategic agenda in Global Finance.
U.S. agency created to counter China’s New Silk Road: We don’t do ‘debt-trap financing’
The competition to finance infrastructure projects and expand global influence between the U.S. and China is taking on a new dimension as countries address adverse effects of climate change.
China reports no new local COVID-19 cases for 1st time in a month
China on Monday reported no new locally transmitted, symptomatic COVID-19 cases for the first time since an outbreak of the highly transmissible Delta variant began last month.
China says it has zero COVID cases after mass-testing millions
Local officials in regions across China experiencing outbreaks have been implementing mass testing in order to identify and isolate carriers.
China is banning music that ‘insults or defames others’ in its 50,000 karaoke venues
New crackdown on offensive music coming in October as market’s music industry power keeps growing around the world.
Hong Kong must speed up economic development and integration with nation, Beijing officials warn lawmakers
After losing so much time to political infighting, Hong Kong needs to roll up its sleeves and focus on moving forward, Huang Liuquan of the State Council’s office overseeing the city’s affairs tells …
China’s War on Social Inequality Could Actually Lift Emerging Markets
A plan to bolster the Chinese middle class signals a shift away from corporate profitability. That means some investors could look for other places to put their money.
China Hints At Giving Financial Aid To Afghanistan Amid Global Pushback
China on Monday hinted at stepping up financial assistance to the Taliban-controlled Afghanistan, saying it will play a “positive role” in helping the war-ravaged country amid global pushback to stop …
China Isn’t An Economic Superstar
Long-time readers know that I periodically pour cold water on the notion that China is an economic superstar.Yes, China did engage in some economic liberalization late last century, and those reforms …
Global Tax Reform and China
The concept of two pillars has gathered momentum worldwide. China may get more tax revenues from the first reform, and the second will have minimal impact. Global tax reform will also have a …
New Chair of 205-Year-Old Swire Looks to China for Future Growth
As chairman of Swire Pacific Ltd., Merlin Swire steered the 205-year-old Hong Kong business empire through some of its worst crises in recent times, including the pandemic that almost sank its …
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