In a series of calls and meetings with Jack Ma, Ant’s founder, bank executives and regulatory officials demanded that its Yu’E Bao fund be reined in. “Yu’E Bao was pulling a lot of money from…
BUSINESS
China’s top court demands greater scrutiny to prevent monopolies
China’s top court has demanded more scrutiny is needed to crack down on monopolies and unfair competition. The Supreme People’s Court stated that extensive work needs to be done to determine and … ( read…
Weber on UBS’ Business, China Opportunity, Banking Consolidation
UBS’ Chairman Axel Weber says China represents a golden opportunity for the bank on the back of strong recovery and accelerated opening of the market. In a wide ranging interview, Weber also discussed … (…
China’s Richest Man Absent from Public Life after Tensions with Authorities
SHANGHAI – China’s wealthiest entrepreneur, Alibaba Group co-founder Jack Ma, has not been seen in public since October 2020 amid deteriorating relations between his business conglomerate and the … ( read original story …)
VF Corporation Uproots Hong Kong Base, Diverts Investment And Transformation Towards China
China trade war seeing companies shift their manufacturing outside of China, the nation’s rebound speed and growth potential capture VF Corporation’s relocation strategy to move closer to their supply … ( read original story …)
Opinion: No, Twitter banning Trump isn’t like China
Whether or not one agrees with Twitter’s decision, it’s not “state action,” which means it’s not subject to The First Amendment. ( read original story …)
The Undoing of China’s Economic Miracle
China’s economic “miracle” wasn’t that miraculous. The country’s high-octane ascent over the past 40 years is, in reality, a triumph of basic economic principles: As the state gave way to the market, … ( read…
Brands Bullish on Year of Ox Holiday Collections in China
Denied a proper Chinese New Year celebration last year, the nation is in the mood for an over-the-top celebration in 2021. ( read original story …)
Diverse NASDAQ IPO Week Ahead
This week’s schedule contains eight IPOs. Moreover, this week is featuring the year’s first billion-dollar offering from mobile game developer Playtika Holdings Corp … ( read original story …)
UBS aims to double China investment banking staff for growth
UBS Group AG aims to double staff at its China investment banking business in 3-5 years, seeking to capture growth opportunities unleashed by Beijing’s capital market reforms, a senior executive said … ( read original…
Boot-maker Dr. Martens kick-starts plan for $4 billion IPO
Known as ‘Docs’ in the U.S., the iconic boot and shoe brand, had revenues of £672 million ($907 million) last year. ( read original story …)
Exploring the Loosely Coupled Blockchain License Model, Dujiangyan Opens a New Era of Digital Government Services
CHENGDU, CHINA / ACCESWIRE / January 11, 2021 / With the arrival of the 5g era, the digital economy has entered the fast lane of development. Chengdu has included the development of “digital economy” ……
The China Marketing Playbook For 2021
What marketing activities will work in 2021? On the ground here in China, we’ve identified six major trends that we think will continue to intensify in the new year, for both B2C and B2B businesses.…
