Foreign investment in China, a massive cyberattack, the boost to small banks from PPP, and a new critique of economic theory. ( read original story …)
BUSINESS
Blockchain Trends 2021: How To Build Trusted Business Through Digital Transformation
This year’s top blockchain trends directly align with the push for digital transformation as a path to build trust with customers. ( read original story …)
Monopoly Regulators to Probe Tencent’s DouYu-Huya Merger and Punish China Literature and Alibaba
Chinese regulators said on Monday that they would probe the proposed merger of game live-streaming companies DouYu and Huya, in relation to the deal’s possible violation of monopoly laws. The same … ( read original…
Cosmetics Newspaper: Japanese Beauty Brands See Popularity Skyrocket Online in China during Double 11 Shopping Festival 2020
PRNewswire/ — Lily & Beauty (605136.SH), the leading provider of online cosmetics marketing and retailing services in … ( read original story …)
China market regulator investigates merger between Douyu and Huya
FILE PHOTO: The Huya logo is shown on the NYSE boards ahead of the company’s IPO at the New York Stock … digital entertainment expo in Shanghai, China July 28, 2016. Picture taken July 28…
‘We Are Not Like Libra’: China’s CBDC Won’t Aim to Replace International Fiats
China’s national digital currency, formally known as the Digital Currency Electronic Payment (DCEP) will not seek to replace globally accepted fiat currencies like the dollar and the euro, said … ( read original story …)
‘China’s Apple’ Overtook Apple As World’s Third Biggest Smartphone Maker. Can It Profit?
Chinese tech company Xiaomi , often known as ‘China’s Apple’ overtook Apple (NASDAQ:AAPL) as the world’s third biggest smartphone vendor by shipments during the quarter en … ( read original story …)
China’s Alibaba, Tencent unit fined under anti-monopoly law
China’s market regulator has fined Alibaba Group and a Tencent Holdings-backed company for failing to seek approval before proceeding with some acquisitions … ( read original story …)
China Fines Alibaba, Tencent Unit Under Anti-Monopoly Laws
China’s antitrust watchdog fined Alibaba Group Holding Ltd. and a Tencent Holdings Ltd. unit over a pair of years-old acquisitions and said it’s reviewing an impending Tencent-led merger, signaling … ( read original story …)
China’s Digital Yuan Completed 20K+ Transactions in Successful Weekend Trial
Residents of China sent 20,000 transactions through e-commerce platform JD.com within the first 24 hours of a trial of the country’s digital yuan in the city of Suzhou, according to the Global Times. ( read…
Global Crypto ATM Market 2020 Report – Trends in Technological Strategies, Business Advancements and Top-Vendor Landscape to 2025
Global Crypto ATM Market 2020 by Manufacturers, Type and Application, Forecast to 2025 describes an in-depth evaluation and the essential aspects of the market presenting information regarding the … ( read original story …)
China Fines Alibaba, Tencent for Flouting Rules in Past Deals
Chinese regulators fined Alibaba Group Holding Ltd. and a Tencent Holdings Ltd. unit 500,000 yuan ($76,500) each over failing to declare past acquisitions under the country’s anti-monopoly laws. ( read original story …)
Best’s Market Segment Report: AM Best Maintains Negative Outlook on China’s Non-Life Insurance Industry
AM Best is maintaining its negative market segment outlook on China’s non-life insurance segment, citing underwriting profitability that is under pressure amid market reform. A new Best’s Market … ( read original story …)
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