China will continue to separate the operation of banking, securities and insurance businesses to maintain a stable financial system, its Central Bank Governor Yi Gang said on Thursday.
Monthly Archives For October 2021
Hong Kong, mainland China agree to one-stop sandbox platform allowing Greater Bay Area start-ups to develop cross-border fintech tools
The monetary authorities of Hong Kong and mainland China agreed to create a one-stop sandbox platform in the Greater Bay Area that will allow fintech companies to develop cross-border products faster …
ByteDance IPO likely delayed to late 2022 and beyond amid regulatory uncertainties in China, sources say
ByteDance, owner of the popular short video app TikTok, may see its plan to go public postponed until late 2022, after regulatory hurdles in China are resolved, according to three people briefed on …
Parts of northern China brace for more COVID-19 lockdowns and curbs as wave of cases raises concerns
Parts of northern China are bracing for more COVID-19 curbs as a wave of cases raises concerns of a broader outbreak, with three areas enforcing lockdowns, some schools halting classes, and an aerospa …
Investors eye China stocks and energy sector amid economic and Covid-19 pandemic recovery
Despite a sometimes fragile economic recovery, a regulatory crackdown and debt concerns, there is optimism that the last remaining months of 2021 …
NBA facing fresh China backlash after Enes Kanter slams ‘dictator’ Xi over Tibet
Enes Kanter didn’t see the floor in the Boston Celtics’ season opener Wednesday night, but the outspoken center’s impact on the NBA season could soon be felt. Kanter posted a video to social media …
China Unicom profit jumps as ARPU climbs
China Unicom credited steady gains in 5G subscribers for fuelling ARPU growth over the opening nine months of the year.
China Mobile is adding 11 million ‘real’ 5G users per month
China Mobile is adding 5G customers at a rate of around 11 million per month according to its latest financial report, which shows a strong performance from the telco across the board.
A fraught linkage: US-China trade policy and the US-EU Trade and Technology Council
Over the past weeks, the Joe Biden administration has pursued two geographic bookends of US foreign economic and strategic policy — namely the first public statement of US trade and investment policy …
China’s Sept steel scrap imports plunge another 47% MoM
China’s steel scrap imports slumped for the second straight month in September, tumbling by another 44.6% on month to 24,624 tonnes, according to data from the General Administration of Customs (GACC) …
China: It is estimated that by 2025 the growth in refrigerated transport will be 100%.
The second day of the Cool Logistics conference took place on Wednesday. The session on Cool Ports and Cold stores: Integrated Perishable hubs of the future was moderated by Steve …
Enes Kanter rips China’s Xi as ‘brutal dictator,’ streaming giant pulls Celtics games
Boston Celtics center Enes Kanter’s scathing remarks about Chinese President Xi Jinping had consequences for the organization overseas.
China’s trade practices come under fire
China’s trade policies have come under strong criticism during a review at the World Trade Organization (WTO).The US accused China of “skewing the playing field” by using “unfair trade practices” such …