Morocco announced it has acquired 65 million doses of COVID-19 vaccines from China’s Sinopharm and Britain’s AstraZeneca … ( read original story …)
BUSINESS
PepsiCo Partners With China’s Dada For Carbonated Drinks Brand
China’s leading local on-demand delivery and retail platform, in a move to boost its market share in the carbonated drinks market. As part of the partnership aims to develop a “flagship” carbonated … ( read…
As China’s coronavirus rebound gathers steam, export-oriented manufacturers struggle to find workers
China’s exports have surged over the past six months thanks to strong demand in Western countries, but a tight labour market is proving a headache for many factories. ( read original story …)
China Tells Alibaba It Means Business. What That Means for the Stock.
Beijing is targeting not only the e-commerce giant but also its co-founder, Jack Ma, who controls Alibaba affiliate Ant Group. Regulators are likely to go after other companies, too. ( read original story …)
China Banking Association to Leverage Blockchain to Authenticate Bank Audit Letters
China’s targeted blockchain adoption agenda is set to gain more ground with the country’s banking association set to deploy decentralized ledger technology (DLT) in verifying bank audit letters. In … ( read original story …)
Alibaba Shares Slump As China Targets Tech Giant With Antitrust Probe
China’s latest shot across the bow of billionaire Jack Ma came Thursday in the form of an antitrust probe into tech giant Alibaba. ( read original story …)
Crypto’s Big Rupture Is Coming in 2021
Multiple cities and more than 100 million people tested China’s CBDC using WeChat and JD.com, making it instantly the most widely used crypto-asset ever. Subsequently, Brazil launched into production … ( read original story …)
Beijing launches Alibaba antitrust investigation
China has opened an investigation into e-commerce giant Alibaba over alleged anti-competitive behaviour, regulators announced this week. ( read original story …)
Beijing launches antitrust probe into tech giant Alibaba Group
China has launched an antitrust investigation into the Alibaba Group and will summon the tech giant’s Ant Group affiliate to meet in the coming days, regulators said Thursday, … ( read original story …)
China Will Continue to Pose Risks for Investors. Here’s What to Expect in 2021.
China risks are on multiple fronts—from the technology rivalry with the U.S. to more regulatory scrutiny inside China of internet giants. ( read original story …)
Brands can take steps to stamp out China’s ‘slave’ cotton
Last week, the BBC documented the forced labour of Uyghur people in the cotton industry of the Xinjiang region of west China, where many are being moved … ( read original story …)
Chinese brands to launch new 5G phones to compete with iPhone 12
China’s handset vendors reportedly are ready launch an array of 5G high-end and budget phones starting January, seeking to recover lost ground from Apple’s iPhone 12 lineup, according to industry … ( read original story…
China remains most important pillar of global car industry: report
The Chinese market once again proved to be the “most important pillar” of the global automotive industry and of German manufacturers in particular, according to a report published by global consulting … ( read original…
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