connecting underserved individual borrowers with financial institutions in China and internationally. It is engaged in operating an online consumer finance platform. FINV’s products and services include loan services and investment services. Institutions …
Monthly Archives For July 2023
Malaysia’s a big draw for China’s Belt and Road plans. Finishing them is another story
The Malaysian East Coast Rail Link is a successful feat so far compared to some other Chinese investments in the country — even if it has blown past deadlines and budgets.
South Korea Export Downturn Seen Worsening on Weak China Demand: Reuters Poll
SEOUL (Reuters) – South Korea’s export decline likely accelerated in July amid persistently weak demand from China, a Reuters survey showed on Thursday, signalling a bumpy road towards recovery.
Fund to protect mangroves launched in Shenzhen
The forum in Shenzhen, Guangdong province, marked the launch of the International Mangrove Conservation Fund, which aims to promote international cooperation, scientific research, and restoration …
China VC slump is set to drag Asia-Pacific fundraising down to a decade low
China-focused venture capital funds raised $2.7 billion in the second quarter, a drop of more than 50% from the first quarter, Preqin said.
China’s Military Probes Slew of Graft Issues Going Back to 2017
China’s military has launched an inquiry into corruption linked to procuring hardware going back more than five years, urging the public to step forward with tips on wrongdoing.Most Read from …
China tops agenda as Biden welcomes Italy’s Meloni to Washington
U.S. President Joe Biden hosts Italian Prime Minister Giorgia Meloni at the White House on Thursday, with the Ukraine war and Italy’s relations with China expected to be among the top items on the …
China widens scope of tight import controls on Japanese food, Jiji reports
Hong Kong has strengthened inspections of vegetable imports from Japan, expanding the scope of tightened controls beyond seafood after Tokyo confirmed plans to release treated radioactive water from …
US-China tech war: Washington seeking narrow curbs on chokepoint technologies, commerce chief Gina Raimondo says
Washington is seeking “narrow” curbs on sales of advanced technology to China, with a focus on “chokepoints” that the Chinese military could use, US Secretary of Commerce Gina Raimondo said on …
How European investors protect themselves amid falling confidence in China
Those still invested in China are considering reducing their risk by hiving off their Chinese operations to a separate corporate entity. Read more at straitstimes.com.
New hotels: InterContinental Shenzhen WECC, Hotel Ora and more
Hotel Ora, Singapore The former Festive Hotel in Sentosa has been renovated and rebranded as Hotel Ora, offering guests new lifestyle experiences and conceptualised with bleisure travellers in mind.
Beijing police, banks return telecom fraud funds
As a result of cooperation between Beijing police and banks, 30 million yuan ($4.2 million) defrauded through telecom scams was returned to 30 people on Wednesday, Beijing Public Security Bureau said.
The Ukraine war is great for China — it gets ‘fire sale prices’ on oil and gas and leaves its rivals, the US and Russia, ‘tied down and bleeding each other,’ experts say
China has said it’s officially neutral, but the country sent Russia military equipment, including $100 million in drones this year, per a report.
