Nonetheless, China’s new anti-monopoly measures are intended to protect fair business competition and to keep the economy prosperous for all, not just the few. President Xi, the State Council (China’s …
Monthly Archives For September 2021
China wants to cool its property market without triggering a financial and debt crisis
Warnings that China’s campaign to cool its property market will go too far are multiplying. E conomists at financial services group Nomura are calling the curbs China’s “Volcker Moment” which will …
Byju’s in talks to raise up to $600 million ahead of IPO next year
India’s most valuable startup, the online education provider Byju’s, is in talks to raise between $400 million to $600 million and then accelerate plans for an initial public offering next year, …
Byju’s to accelerate IPO plans as India tech booms
Byju’s has prominent global investors including Facebook founder Mark Zuckerberg’s Chan-Zuckerberg Initiative, Naspers Ltd., Tiger Global Management and private equity giant Silver Lake Management …
China to launch pilot programs on business environment to better benefit firms and individuals
China will roll out pilot programs on the business environment in several selected cities in support of local reform effort in better benefitting firms and individuals, the State Council’s executive …
China reports 28 new COVID-19 cases on Sept 8 vs 19 a day earlier
China reported 28 new COVID-19 cases on the mainland for Sept. 8, up from 19 a day earlier, the national health authority said on Thursday. None of the new infections were locally transmitted, the …
China’s factory prices rise at fastest pace since August 2008
China’s factory gate inflation hit a 13-year high in August, as commodity prices remained elevated despite Beijing’s attempts to cool them.
Carbon neutral goal: China may use blockchain in nation’s green power trading pilot plan as transactions kick off
China has launched a pilot trading scheme for renewable electricity to allow carbon dioxide emitters to partly offset their footprint through direct purchases of green power from generators, with …
Pro-China social media campaign expands to new countries, blames US for Covid-19
A misinformation campaign on social media in support of Chinese government interests has expanded to new languages and platforms, and it even tried to get people to show up to protests in the United …
North Korea suspended from 2022 Beijing Winter Olympics
The International Olympic Committee announced Wednesday that it has suspended North Korea from the 2022 Beijing Winter Olympics after the country chose not to participate in this year’s Tokyo Games …
Fidelity Cuts Ant Valuation Again as China Crackdown Intensifies
Fidelity Investments has slashed its estimate of Ant Group Co.’s valuation for at least the second time this year, underscoring the deteriorating outlook for Jack Ma’s fintech giant as the Chinese …
Olympic Committee suspends North Korea from 2022 Beijing Games
North Korea is suspended for two years and will be unable to participate in the 2022 Beijing Olympics due to its decision to skip the Tokyo Summer Games, the International Olympic Committee said …
What China, Iran, Pakistan, Other Afghanistan Neighbors Have to Say About New Taliban Government
The most senior working diplomats of China, Iran, Pakistan, Tajikistan, Turkmenistan and Uzbekistan took part in their first-ever virtual summit to discuss a common approach to Afghanistan’s new …
