Some major Chinese banks stepped up lending toward the end of August and reduced a backlog in property loans after being advised by the central bank to increase loan quotas for the month, two sources…
Monthly Archives For September 2021
Adam Sandler says Netflix asked him to rewrite his new movie so it wasn’t set in China because the company doesn’t do business there
Adam Sandler says the request was made because Netflix is currently unavailable in China. Netflix is also unavailable in Crimea, North Korea, and Syria.
China orders Alipay and other payment apps to report business moves
China will require nonbank payment apps such as Ant Group’s Alipay to report new products and stock market listings to authorities, seeking to regulate a fast-expanding financial technology sector …
China, Sri Lanka to strengthen ties, cooperation on COVID-19 response
Standing Committee, said China stands ready to work with Sri Lanka to implement the important consensus reached by leaders of the two countries and promote bilateral relations for further development.
Bank of China reports declining non-performing loan balance, rate
The Bank of China (BOC), one of the country’s four biggest state-owned commercial banks, saw its non-performing loan balance and rate drop in the first half of the year. The non-performing loan …
China’s Videogame Limits Signal Move to Regulate Private Lives, Shape Next Generation
Measures target celebrity fandom, so-called “sissy pants” culture, and for-profit education as the party aims to shape the next generation.
China Limits Children To Three Hours Of Online Gaming 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 Chinese regulators continue cracking down on the …
Turn it off: China imposes 3 hour weekly gaming limit for kids
China’s new video-game rule goes into effect Wednesday. The restrictions align with the Communist Party’s vision for a wholesome republic, but critics say leaders are trying to prevent young people …
US consumer confidence hits six-month low, eurozone inflation at decade high – business live
Bunzl has flagged this morning that shortages of materials and workers are having a knock-on impact, as its customers in the factory and building sectors struggle to find parts and hire staff. The …
Blaming China not the answer to COVID-19 origin-tracing: Zimbabwean FM
“Blaming China is not the answer. China has been continuously blamed for the outbreak of the COVID-19 pandemic as many distractors advance the hypothesis of a laboratory leak as the origin of the …
STARTUP DIGEST: PayU to buy BillDesk for $4.7 bn, IPO-bound Oyo to launch ‘self sign-up’ service for hotels
CNBCTV18 is India’s leading financial, economic and business information source. The leading platform for business & financial news, BSE/NSE stock market news updates, business news live, IPO Analysis …
China’s Services Sector Plummeted in August to Lowest Level Since Early in Pandemic
The weakening in China’s services and manufacturing for August represents more gloom for China’s faltering economic recovery.
UK records another 32,181 coronavirus cases
Another 32,181 people in Britain have tested positive for COVID-19, bringing the total number of coronavirus cases in the country to 6,789,581, according to official figures released Tuesday. The …