The 12 entities, including some of the country’s biggest tech companies, didn’t properly report past deals, China’s State Administration for Market Regulation said. ( read original story …)
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African countries are helping China go green. That may have a downside for Africans.
The details of China’s new 5-year plan, released earlier this month, suggest China has put off the difficult steps necessary to become carbon neutral by 2060. President Xi Jinping had announced that … ( read…
China hits back at US criticism of Hong Kong election change
A Chinese official has hit back at U.S. criticism of planned election law changes in Hong Kong, noting the chaos surrounding the recent American presidential election … ( read original story …)
China regulator fines 12 firms over anti-monopoly law
China’s market regulator has fined 12 companies, including Tencent Holdings and Baidu Inc., for not disclosing past deals as authorities step up anti-monopoly scrutiny in the internet sector … ( read original story …)
Hong Kong’s electoral overhaul will not block opposition as there are also patriots among pan-democrats, Beijing official says
It was passed with 2,895 votes, without a single vote against it and just one abstention, and drew the longest applause of the day from delegates in Beijing’s Great Hall … city’s status as an…
UBS ups stake in China securities joint venture to 67%
UBS has applied to buy out two minority investors in its China joint venture, boosting its stake in Beijing-based UBS Securities to 67%. The bank’s strong and long-standing relationship with the owner … ( read…
China’s Ant Group Issues Financial Self-Discipline Rules on Tighter Regulatory Oversight
As a reflection of regulators’ tough stance on financial risks, Guo Shuqing, head of the China Banking and Insurance Regulatory Commission, warned last week that bubble risk was a core issue facing … ( read…
China targeting India? Import costs of paracetamol, antibiotics ingredients see 100% jump
New Delhi: The prices of raw materials to manufacture medicines have started moving up, yet again. And China is to be blamed. The prices of raw materials, known as active pharmaceutical ingredients … ( read…
Olympic host Japan will not take part in China vaccine offer
Japan will not take part in China’s offer — accepted by the International Olympic Committee — to provide vaccines for “participants” in the postponed Tokyo Games and next … ( read original story …)
In a Fearful China, Its Dr. Fauci Wins Hearts With Restraint
Zhang Wenhong has drawn a huge public following with a human touch and candid advice that sometimes runs counter to the government’s authoritarian instincts. ( read original story …)
China Unicom raises dividend as FY profit grows over 10%
China Unicom reported service revenues of CNY 275.8 billion for 2020, up 4.3 percent from the previous year. EBITDA reached CNY 94.1 billion, and net profit was up 10.3 percent to CNY 12.5 billion. (…
Tencent Faces Broad China Clampdown on Fintech, Deals
Pony Ma’s Tencent Holdings Ltd. has been put on notice.Asia’s largest conglomerate was censured by China’s antitrust watchdog on Friday as Beijing expands a crackdown that began with Jack Ma’s online … ( read original…
China FDI up 34.2 per cent in US dollar terms in January-February
Foreign direct investment (FDI) in China, excluding the banking, securities and insurance sectors, stood at 176.76 billion yuan in January and February, up 31.5 per cent compared to the same period a … ( read…
