China’s central bank has agreed to accept Ant Group Co.’s application to set up a financial holding company, Reuters reported, clearing a path for the fintech giant to potentially revive its listing …
Monthly Archives For June 2022
China confident on keeping foreign trade within reasonable range
China is confident to keep its foreign trade running within a reasonable range for the whole year, making more contributions to the economic fundamentals, the Ministry of Commerce (MOC) said Thursday.
NFT platforms in China grow 5X in four months despite government warnings
Digital collectible’s popularity touched new highs in China despite its regulatory risks. Over the past four months, NFT platforms grew from 100-to 500.
China launches favorable policies to boost auto sales
China has launched a series of favorable policies to boost the sales of automobiles amid the country’s efforts to resume car production and stabilize supply chains. In the latest move, the country has …
“Italian Fashion Brands in China” Released Bulgari Named Top 1 Italian Brand Favoured by Chinese Consumers
On June 2, 2022, the report “Italian Fashion Brands in China” was released, offering an in-depth insight into the performance of Italian brands in the Chinese market. Bulgari ranks first among the top …
Chinese fintech giant Ant closer to reviving iPO
China’s central bank has accepted an application by Ant Group to set up a financial holding company, a key step toward finishing a year-long overhaul of Alibaba founder Jack Ma’s fintech business and …
Exclusive-China’s Central Bank Accepts Ant’s Application for Financial Holding Company Sources
CREDIT-SCORING LICENSE Reuters reported last week that China’s central leadership had given Ant a tentative green light to revive its IPO in Shanghai and Hong Kong. Aiming to file a preliminary …
China defends ‘zero-COVID’ after US envoy warns of costs
Residents line up at a COVID sample collection station, Friday, June 17, 2022, in Beijing. (AP Photo/Ng Han Guan) BEIJING (AP) — China on Friday defended its tough “zero-COVID” policy after the U.S.
China’s Tianqi secures approval for $1bn IPO in Hong Kong
Chinese mining firm Tianqi Lithium has received approval from the Hong Kong stock exchange for its proposed listing in the city.
China Says COVID Might Have Originated in U.S., Calls Wuhan Lab Theory Lies
A Chinese government news outlet pointed the finger at U.S. biolabs as a WHO report said further lab leak investigations were on the table.
What it looks like when competing with China comes last
By many metrics, the United States is only beginning to run, while China has been sprinting for years. The size of China’s economy surpasses our own, and it fuels China’s military modernization. China …
China launches third aircraft carrier in military advance
Fujian unveiled amid heightened tensions with US over self-ruled Taiwan …
China’s digital yuan extends usage into finance scenarios
China’s digital yuan can now be used in to buy wealth management products, pay for insurance policies, and extend bank loans, as the central bank further expands e-CNY’s application beyond retail …
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