China appears to be backing away from its initial financial promises to Pakistan under Beijing-financed China-Pakistan Economic Corridor (CPEC), a US$60 billion infrastructure building plan, amid … ( read original story …)
FINANCE
China’s economic activity normalizes faster than expected: World Bank
Economic activity in China has normalized faster than expected, according to the latest report published by the World Bank. The report has attributed the pick-up growth to the country’s effective … ( read original story…
China launches antitrust investigation into tech giant Alibaba
China’s Politburo has vowed to strengthen anti-monopoly efforts in 2021 and rein in “disorderly capital expansion.” … ( read original story …)
‘Demand-side’ reforms: In China, this means cutting inequality
China’s leaders have for years been upgrading industry and cutting oversupply, now they want to boost consumer spending. ( read original story …)
China Launches Anti-Monopoly Investigation Into Alibaba
China’s market regulator is pursuing an investigation into Alibaba for alleged monopolistic practices at the company, dealing yet another blow to the country’s largest tech company. ( read original story …)
China Targets Jack Ma’s Alibaba Empire in Monopoly Probe
China kicked off an investigation into alleged monopolistic practices at Alibaba Group Holding Ltd. and summoned affiliate Ant Group Co. to a high-level meeting over financial regulations, escalating … ( read original story …)
China launches antitrust probe into technology giant Alibaba
China has launched an antitrust Alibaba Group and will summon the technology giant’s Ant Group affiliate to meet in the coming days, regulators said on Thursd … ( read original story …)
Beijing Cracks Down on Alibaba Stock for Good Reason
Alibaba stock finds itself in a unique position of being targeted by both U.S. and Chinese regulators. And the concerns don’t end there.More From InvestorPlace Why Everyone Is Investing in 5G All … ( read…
Beijing’s Iron Grip on Corporate China
Then-U.S. Vice President Joe Biden shakes hands with Chinese President Xi Jinping inside the Great Hall of the People in Beijing, December 4 … Letter email newsletter delivers a weekly digest on … ( read…
China to lower import tariffs on 883 products including aviation equipment, logs, paper and IT products
China will lower import tariffs on 883 products from the start of January, including some aviation equipment, logs and paper products, while it will also further lower import tariffs on some … ( read original…
China stocks end higher on optimism over Beijing’s pledge to support recovery
BEIJING/SHANGHAI, Dec 23 (Reuters) – China shares ended higher on Wednesday, buoyed by optimism that policymakers would likely avoid sudden credit policy tightening in 2021 to support an economic … ( read original story …)
U.S., China charge toward ‘full-blown cold war’ as Beijing becomes more aggressive
Beijing has doled out well over $100 billion in loans to more than 100 countries to finance roads, bridges, ports and rail lines. U.S. officials accuse China of engaging in predatory lending by … (…
China Shouldn’t Withdraw Stimulus Rapidly, World Bank Warns
China should maintain accommodative monetary policy and avoid any “significant contraction” in fiscal policy next year to keep its economic recovery from the Covid-19 pandemic on track, according to … ( read original story …)
