They have also been following the country’s decision to cut banks’ reserve requirements. 1. U.S. remains committed to “one China” policy The White House (external source, in Chinese) has said that …
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U.S. Reaffirms Commitment to ‘One China’ Policy, Beijing Cuts Banks’ Reserve Requirement, Shanghai Raises Minimum Wage
Chinese brands shine at Euro 2020
Instead of European nations, China has become the ‘real winner’ of Euro 2020, according to a recent commentary in French newspaper Le Parisien, with four Chinese brands – Hisense, AliPay, Vivo and …
China’s Big Tech crackdown is now targeting national security
In a week, Chinese ride-hailing giant Didi Chuxing went from being a US tech darling to the face of news stage in Beijing’s tech crackdown.
Didi Announces Takedown of Additional Apps in China
DiDi Global Inc. (“Didi” or the “Company”) (NYSE: DIDI), the world’s leading mobility technology platform, today announced that: According to the anno …
China Accuses U.S. of ‘Unreasonable Suppression’ Over New Companies Placed on Blacklist
The U.S. blacklisted 14 Chinese companies on Friday for their alleged human rights abuses. China said it would safeguard the rights of Chinese companies.
Globe clinches new 5G roaming partnerships in China, Brazil, Sweden
Industry giant Globe Telecom sealed more partnerships for overseas 5G roaming, which would benefit travelers once international tourism recovers.In a statement on Friday, Globe announced new tie-ups …
China’s planned RRR cut lifts financial market, export outlook
China’s planned cut to the required reserve ratio (RRR) lifted financial markets on Monday and is expected to boost Chinese export in the second half of the year and help boost the economy of …
China will tighten data privacy rules for tech companies seeking foreign investment
China is tightening restrictions on businesses seeking to go public overseas amid a wave of Chinese origin IPOs in the US. Regulators have thrown down the gauntlet for local companies by announcing …
China’s STAR Market Set to Shine with Syngenta IPO
The listing would be the largest offering in the history of the Shanghai Stock Exchange Science and Technology Innovation Board, commonly referred to as the STAR market, and could help the market …
China says it chased US warship out of disputed sea
China’s military says it chased a U.S. warship out of a disputed area of the South China Sea after Washington warned an attack on the Philippines might activate a mutual defense treaty …
Boost from Chinese bank stimulus ‘won’t last’
Support for global risk assets from the liquidity boost provided by the reduced reserve requirement ratio for Chinese banks announced at the end of last week may prove fleeting.
OK Group to Work With Nanjing Police on Anti-Money Laundering Blockchain
OK Group is to work with police authorities in Nanjing to research the use of blockchain in anti-money laundering operations.
Bytedance shelves IPO due to Beijing’s national security concerns: WSJ
CNBC’s Eunice Yoon breaks down a report from the Wall Street Journal about Bytedance shelving its IPO plans due to Beijing’s national security concerns.
