Chinese regulators have ordered Ant Group, the world’s largest financial technology company, to rectify its businesses and comply with … ( read original story …)
BUSINESS
China Tells Ant Group to Refocus on Its Payments Business
Chinese financial regulators moved to rein in Ant Group, the financial-technology giant controlled by billionaire Jack Ma, telling it to switch its focus back to its mainstay payments business and … ( read original story…
Jack Ma episode has made global investors jittery about China
Mahua VenkateshNew Delhi, Dec 27 (IANS) The ugly face-off between Chinese President Xi Jinping and billionaire entrepreneur Jack Ma is set to deal a big blow to investments in the country. At a … (…
CCP’s Witch Hunt of Jack Ma and Alibaba Will Cripple Foreign Investments Into China
Jack Ma is a vociferous critic of the Chinese government and the nature of financial regulations in the country. ( read original story …)
China Tells Ant to Refocus on Payments Business
Financial regulators order Jack Ma’s Ant Group to switch its focus back to its mainstay payments business and rectify problems in faster-growing areas such as personal lending, insurance and wealth … ( read original story…
China’s financial regulators order Ant Group to alter business plan
China’s financial regulators on Sunday instructed Ant Group, the world’s largest financial technology company, to quickly present a concrete plan to meet regulatory demands and rectify what they … ( read original story …)
Big blow to investments in China: Jack Ma episode has made global investors jittery
New Delhi: The ugly face-off between Chinese President Xi Jinping and billionaire entrepreneur Jack Ma is set to deal a big blow to investments in the country. At a time when several foreign companies ……
Jack Ma’s Ugly Face-Off With Prez Xi Making Global Investors Jittery About China
The ugly face-off between Chinese President Xi Jinping and billionaire entrepreneur Jack Ma is set to deal a big blow to investments in the country. ( read original story …)
US Regulator Sues Crypto Hedge Fund Founder — $25 Million in Digital Assets to Be Frozen
The U.S. Securities and Exchange Commission has filed a lawsuit against a cryptocurrency hedge fund founder for fraud. The regulator is seeking an emergency order freezing $25 million in digital … ( read original story…
Hunter Biden’s business dealings spark fear Joe Biden won’t take ‘tough policy toward China’
The COVID-19 pandemic has accelerated a “cold war” between communist China and the United States, with Beijing scrambling at levels previously unseen to try to undermine America’s status as the … ( read original story…
China expected to surpass US economy in 2028: analysis
The Chinese economy is expected to surpass that of the U.S. in 2028 — five years earlier than previously forecast — following fallout over the coronavirus pandemic, according to an analysis released … ( read…
Hong Kong crypto group warns new law will restrict people’s access to Bitcoin
Hong Kong’s crypto focus group warns regulators to not exclude retail Bitcoin investors from the cryptocurrency market. ( read original story …)
Qimai Data Presents 98 China Brands on the Screen at the New York Times Square
Witness the Rise of Commercial Innovations at the Crossroad of the World Internet innovations in China surge in 2020. Together with DouV, Qimai Data analyzes the Internet businesses, products and … ( read original story…
