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 …)
Featured Posts Title
Beijing expands storm alert as fatal floods keep city on edge
Beijing warns of more rain as fatal floods keep city on edge
China’s BYD breaks delivery growth streak as EV price war reshapes competition
China Mobile buys over 14% stake in HKBN for $138 million
Beijing on top alert for heavy rain, tells residents to avoid going out
China pushes back at US demands to stop buying Russian and Iranian oil
Flooding kills at least 40 in and around Beijing, many still missing
Recent Posts
China Fines Alibaba, Tencent Unit Under Anti-Monopoly Laws
China’s Combative Nationalists See a World Turning Their Way
China’s Communist Party is pushing the narrative that the pandemic has proved the superiority of its authoritarian model. The muscular message is finding fans at home. ( read original story …)
China says legal rights and interests of detained Bloomberg Chinese employee guaranteed
Chinese foreign ministry spokesman Wang Wenbin said on Monday that the case of a Chinese national working for Bloomberg News being detained is under investigation, and that all legal rights and … ( read original…
China fines Alibaba, Tencent-backed China Literature for not reporting deals to anti-trust regulators
China’s market regulator said on Monday it fined Alibaba Group, Tencent Holdings-backed China Literature and Shenzhen Hive Box 500,000 yuan ($76,464.29) each for not reporting deals properly for … ( read original story …)
China urges U.S. to stop abusing state power to crack down on foreign firms
China on Monday urged the United States to stop abusing state power to crack down on foreign companies, after Nasdaq said it will remove four Chinese companies’ shares from indexes in response to a U.…
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 stocks rise on hopes of policy support; Hong Kong dips
HK daily quota used 0.2% * FTSE China A50 +0.9% SHANGHAI, Dec 14 (Reuters) – China stocks started the week on a firm note due to hopes of more policy support to shore up the…
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 …)
ANA launches flight to China’s Shenzhen, 1st route since pandemic
All Nippon Airways Co. launched a flight Monday between Japan’s Narita airport near Tokyo and Shenzhen in southern China — the first international route it has opened since March, when the … ( read original…
The Australian dollar is surging on record iron ore prices as tensions with China climb
China buys much of Australia’s iron ore, which has been spared in deteriorating relations that pummeled many of Australia’s exports to the Asian country. ( read original story …)
Central bank’s role evolves as economic structure is optimized
As China is shifting into a high-quality development phase and optimizing the economic structure, modern central banking is expected to be a crucial pillar that supports the transformation of the … ( read original story…
Hong Kong and China markets boosted by progress on coronavirus vaccine front, edge up in early trading
Hong Kong and China markets eked out gains in early trading on Monday, boosted by progress on the coronavirus vaccine front in the United States and Hong Kong. The Hang Seng Index edged up 0.1…