Alibaba affiliate Ant Group was ordered to revamp its business by Chinese regulators. That, along with a 18.23 billion yuan ($2.78 billion) fine Alibaba received as a result of an anti-monopoly …
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China’s risky challenge to Japan — and the US
Japan’s New Leader Mentions Taiwan, and Tanks Her Relationship With China
Beijing’s financial sector reports remarkable progress during 14th Five-Year Plan period
‘Everything Japanese is canceled’: Concerts in Beijing gets abruptly canceled as Japan-China ties take hit
National Games draw to a close in Shenzhen
Shenzhen Expressway Co Announces Director Resignation and Committee Restructuring
China war over Taiwan would trigger global financial crisis
Recent Posts
Alibaba shares close higher after Beijing orders Ant Group to revamp business
Yellen Dropping China Manipulator Label Won’t Help Weak Yuan
(Bloomberg) — China’s yuan is unlikely to escape its current bout of weakness, even with help from U.S. Treasury Secretary Janet Yellen. While Yellen’s decision not to name China as a …
China’s revamp of Ant dents investor appetite for IPO revival
China’s regulatory-imposed revamp of Jack Ma’s Ant Group, transforming the hot fintech into a financial holding company, appears to have dented some investor appetite for any plans to revive what …
Chinese bodybuilders pump iron at old Beijing gym
Oddly Enough Chinese bodybuilders pump iron at old Beijing gym. Posted . Each afternoon without fail, a handful of men mostly in their 60s gather at an old bicycle shed in southwe …
Asian shares mostly gain as China exports rise
China reported its exports rose nearly 31% in March, in line with expectations but weaker than the 60% growth seen in the first two months of the year. The rising trade activity reflects higher demand…
Nokia’s Nuage Networks to power China Mobile Cloud’s massive public cloud expansion
Espoo, Finland – Nokia today announced that China Mobile Cloud, the subsidiary of the leading mobile telecom provider China Mobile, will leverage the Nuage Networks end-to-end SDN solution for …
Leshi, once hailed as ‘China’s Netflix’, and founder Jia Yueting hit with fines worth US$73.6 million in China for financial fraud
“Jia Yueting’s reputation in China will be a major stumbling block to Faraday Future’s business growth in the country,” said Eric Han, a senior manager with business advisory firm Shanghai Suolei.
Drone maker DJI the latest Chinese tech giant to get into the car game
Posting on social media, the Shenzhen-based company introduced DJI Auto, a new brand that will focus on the research and development, production and sales of intelligent driving systems and their core …
Breakingviews – Beijing makes Ant’s credit less addictive
Denying customers the convenience of borrowing for whimsical purchases with a tap on a smartphone screen will quickly dock growth, and given Beijing’s general suspicion of so-called financial …
Some investors lukewarm on China’s Ant Group if IPO is revived after revamp
BOSTON/NEW YORK (Reuters) – China’s regulatory-imposed revamp of Jack Ma’s Ant Group, transforming the hot fintech into a financial holding company, appears to have dented some investor appetite for …
Taiwan launches shipbuilding program amid China threats
KAOHSIUNG, Taiwan (AP) — Taiwan launched an amphibious transport ship Tuesday that’s the first from its new naval shipbuilding program begun as China escalates its threats to use military force to …
Beijing market regulator fines 360 search engine company for false advertising
BEIJING (Reuters) – A market regulator in Beijing fined the subsidiary company of search engine 360 2 million yuan ($306,000) for false advertising, by state-owned newspaper Beijing Youth Daily …
China’s Trade Surges as Global Economy Recovers from Pandemic
China’s trade jumped in March, a sign that the global recovery from the Covid-19 pandemic is well on track as vaccine rollouts around the world pick up pace.Exports climbed 30.6% in dollar terms in …
