China’s financial regulators plan to cap the interest rates Ant Group can charge borrowers on quick consumer loans, a move that could curb the financial technology giant’s biggest revenue driver as it … ( read…
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China Plans Caps on Ant’s Lending Rates to Control Risk
China’s experimental reusable spacecraft lands successfully: Xinhua
An experimental reusable spacecraft launched into orbit two days ago by China has successfully returned to a designated site on Sunday, the official Xinhua News Agency reported. ( read original story …)
With Shenzhen poised in the wings, is Hong Kong’s time in the sun over after protests, Covid-19 and US-China row?
Hong Kong’s premier position has weakened in the past year as it was rocked by months-long civil unrest and hit by economic recession amid pandemic. ( read original story …)
RPT-INSIGHT-TikTok troubles narrow gap between Beijing and ByteDance founder Zhang Yiming
ByteDance founder Zhang Yiming has long positioned himself as a global internet entrepreneur, largely eschewing Chinese government involvement, but U.S. demands to sell his crown jewel TikTok are … ( read original story …)
China Returns to Old Construction Playbook to Boost Growth
China is returning to its stimulus playbook, with local governments borrowing a record amount to spend on infrastructure this year to drag the economy out of its coronavirus- induced slump.In past … ( read original…
Goldman Sachs joins syndicate for Ant IPO of up to $30 bln -sources
Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group’s mammoth initial public offering of up to $30 billion, two people with direct … ( read original…
Asia stocks set to trade lower as U.S.-China tech tensions rise; Chinese August trade data expected
Investors will watch shares of Semiconductor Manufacturing International Corporation (SMIC), China’s largest manufacturer of semiconductors, after a Defense Department spokesperson said the Trump … ( read original story …)
Goldman Sachs among banks working on $41b Ant IPO
HONG KONG • Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology company Ant Group’s mammoth initial public offering (IPO) of up to US$30 billion (S$41 … ( read…
China regulators vow to expand stock connect in further market opening
Chinese regulators vowed to accelerate the opening up of its capital markets and deepen reforms to attract more foreign investors. ( read original story …)
Trump administration looking at banning business with China’s largest chipmaker
The U.S. government is reportedly looking at adding Semiconductor Manufacturing International Corporation, China’s largest chip maker, to its trade blacklist. ( read original story …)
Cryptocurrency: the next battleground in the US-China rivalry
The emerging threat to the global hegemony of the US dollar is e-currencies, and Beijing’s huge head start could put it in control of the world’s financial structure … ( read original story …)
Joe Biden’s China Journey
As a United States senator, he spoke of transforming China through trade. As a presidential candidate two decades later, he denounces it as a “dictatorship.” … ( read original story …)
China may trim its U.S. Treasury holdings as tensions simmer, U.S. debt swells
As tensions between the U.S. and China continue to roil, speculation that China will reduce its holdings of U.S. ( read original story …)
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