2021–(BUSINESS WIRE)–Prominent brands from digital entertainment and lifestyle to O2O services have teamed up with Alipay+ Rewards in launching 11.11 Mega Deals across China’s Hong Kong …
Monthly Archives For November 2021
China crypto ban slashes revenues and spurs Huobi to ‘go global’
The exchange is cutting off Chinese users and will lose a third of revenues from next year, co-founder tells FT …
China’s Communist leaders begin top meet expected to boost Xi
The top leaders of China’s ruling Communist Party on Monday started a pivotal meeting expected to further firm President Xi Jinping’s grip on power.
China’s 1st woman to spacewalk works 6 hours outside station
Wang Yaping has become the first Chinese woman to conduct a spacewalk as part of a six-month mission to the country’s space station. Wang and fellow astronaut Zhai Zhigang left the station’s main …
ETF’s big splash in MSCI’s new China index puts pressure on FTSE China A50
Just months after MSCI introduced its China mega-cap index, the first exchange-traded funds (ETFs) tracking the new index began trading in China on Monday, armed with $4 billion, matching the money …
Kaisa, Units Trading Suspended as China Property Debt Crisis Routs Developers’ Shares
Kaisa Group Holdings Ltd and three of its units had their shares suspended from trading on Friday, a day after an affiliate missed a payment to onshore investors as China’s snowballing property debt …
India now ahead of China in financial inclusion metrics: SBI report
India has stolen a march in financial inclusion with the initiation of PMJDY accounts since 2014, enabled by a robust digital infrastructure and also careful recalibration of b …
Shares in China’s hot pot chain Haidilao jump after plan to shut stores
Shares in Chinese hot pot chain Haidilao International surged on Monday after the company announced it would suspend or shut down 300 stores by the end of the year, slamming the brakes on a rapid…
China Wants to Own Shipping’s Digital Operating System
How the Digital Silk Road is Digitizing Shipping with China as the Sole Network Administrator. At the heart of US dominance as an information empire back in 20th century was the AT&T Company. For …
Coronavirus latest: China local cases edge up despite zero-COVID policy
Nikkei Asia is tracking the spread of the coronavirus that was first detected in the central Chinese city of Wuhan. Cumulative global cases have reached 249,833,519, according to Johns Hopkins …
Early snowfall covers 2022 Winter Olympics host city Beijing
Beijing, the city due to host the 2022 Winter Olympics, saw unexpected early snowfall for the season over the weekend. Having awoken to streets covered in white, residents play in the snow around the …
First snow of season hits Beijing
Residents in Beijing found a romantic white landscape when they awoke Sunday morning a day after the first snow hit the capital. According to the Beijing meteorological bureau, some areas in the city …
Plenary session gets underway in Beijing
The 19th Central Committee of the Communist Party started its sixth plenary session in Beijing on Monday. Xi Jinping, general secretary of the …