Beijing’s influence in sports is growing with its massive potential spending power and fan base. Sports organizations have to be much more delicate with China in order to not be censored or banned …
Monthly Archives For November 2021
Kuaishou Shares Surge After Revenue Growth Defies China Crackdown
Kuaishou Technology Co. Ltd. soared 15% after reporting better-than-expected 33% growth in quarterly revenue, defying China’s tech crackdown and intensifying competition with ByteDance Ltd. The social …
China Targets Taiwanese Conglomerate Far Eastern Group That It Claims Is Funding Pro-Independence Political Forces In Island
China has fined the Far Eastern Group (FEG), a Taiwan-based conglomerate that operates in several Chinese provinces, charging that it violated business regulations by funding Taiwanese politicians and …
Solomon Islands protestors burn parliament and Chinese shops in anti-Beijing riots
Police have fired tear gas and water cannons at hundreds of demonstrators in the Solomon Islands who torched parts of the parliament and attacked Chinese-owned …
Fines on Taiwan’s Far Eastern Group fan fears of more retaliation by Beijing over political donations
Taiwanese businesspeople have raised concerns about possible retaliation on the mainland after authorities in Beijing fined a business donor to the island’s political parties over a range of …
China Will Accelerate Tech Reforms, Strengthen Innovation -State Media
China will accelerate its technology system reforms and strengthen technology innovations, state media quoted a top-level meeting chaired by President Xi Jinping as saying on Wednesday. (Reporting by …
Kazakhstan welcomed the Bitcoin miners that China banned. Now an energy crisis is forcing some miners to relocate—again
Crypto mining firm Xive announced that it is moving a crypto mining farm out of southern Kazakhstan because of electricity shortages in the national grid.
Crypto Ban: Here’s looking at the list of countries that have banned cryptocurrencies
The Central government, on Tuesday (November 23), revealed its plans to ban private cryptocurrencies in India. The government also announced its plans to roll out a digital coin that will be regulated …
Western luxury brands entering risky pact with China’s influencers
French cosmetics giant L’Oréal has been going through a massive retail row in China after two leading social-media influencers sold large quantities …
Korean War blockbuster set to become China’s highest-grossing film
The box office takings of the Chinese patriotic film “The Battle at Lake Changjin” hit 5.69 billion yuan ($891 million) on Wednesday, putting it in position to become China’s highest-ever grossing …
Exhibition Revealing Early Human Civilization Kicks Off in Beijing
An exhibition on the 10,000-year-old Shangshan culture opened at the National Museum of China in Beijing on Nov. 21.
China urges more banking support to self-reliant industries, supply chains
China’s banking and insurance regulator said on Wednesday that lenders should step up support to advanced manufacturers, self-reliant industries and supply chains. “Banks should resolutely cast away …
China developer Kaisa plans to propose 1.5-yr extension for bond due Dec 7-REDD
Cash-strapped Chinese property developer Kaisa Group plans to propose an extension of one-and-a-half years for its $400 million dollar bond maturing on Dec. 7, financial intelligence provider Redd …
