Investors are still trying to parse the fallout from the recent decision to pull the blockbuster initial public offering of Ant Group. China’s biggest financial technology group had been set to raise … ( read…
BUSINESS
New Hunter Biden ‘evidence’ claims his ‘business associate got $6MILLION from China firm’
A BUSINESS associate of Hunter Biden allegedly received $6million from a Chinese energy firm, say Senate Republicans. The five page report is an addendum to a September report that examined the … ( read original…
China launches mission to bring back material from moon | Charlotte Observer
China has launched an ambitious mission to bring back rocks and debris from the moon’s surface for the first time in more than 40 years — an undertaking that could boost human understanding of the…
IPO Preview: 17 Education & Technology Group Begins U.S. IPO Process
Beijing, China-based 17 Education was founded to develop an innovative hybrid offline-online model for K-12 students in China. ( read original story …)
Why this investor advises portfolios should be exposed to China
Matt Maley of Miller Tabak and Michael Binger of Gradient Investments discuss emerging markets outperforming the S&P 500 with CNBC’s Seema Mody. ( read original story …)
Selling off the china: BA puts bespoke items from first class on sale
Airline finds some glassware and crockery are surplus to requirements during pandemic … ( read original story …)
Heavy hand of China is prompting fears for Hong Kong’s future as a major business hub
Chinese interference in Hong Kong’s political and legal affairs is creating uncertainty about the future of the territory as an independent business centre. ( read original story …)
China’s new five-year blueprint shows central planning is alive and well
In the 12th edition of the Global Impact newsletter, we explain China’s new five-year plan and its implications for Asia and the world. ( read original story …)
China’s Xi Jinping is pushing for a global Covid QR code. He may struggle to convince the world
Chinese President Xi Jinping has pushed for a global Covid-19 tracking system using QR codes, to help fast-track international travel and business during the coronavirus pandemic. ( read original story …)
China Construction Bank pulls US$3 billion blockchain debt programme amid scrutiny on fintech, financial risks
China’s second-largest lender halted a US$3 billion digital bond programme on the verge of a financial breakthrough, getting cold feet amid scrutiny on fintech and financial risks. ( read original story …)
China to Hold Second Lottery Trial of the Digital Yuan
A city in China will hold the second lottery of the country’s central bank digital currency (CBDC) next month. On Dec. 12, a shopping festival known as “Double 12” in China, the city of Suzhou…
Why China’s Debt Defaults Are More Alarming This Time
Chinese companies are facing a reality check after years of ramping up debt. A crackdown on unregulated lending — so-called shadow banking — and tighter rules on asset management made it harder for … (…
New Regional Trade Deals to Help China ‘Sustain Its Advantages’ in Global Supply Chains
China could remain a key player in global supply chains, thanks to a combination of factors ranging from the coronavirus pandemic to new trade agreements. ( read original story …)