Ant mania is getting a reality check from Beijing. Days ahead of the company’s record-setting $34 billion initial public offering, founder Jack Ma was hauled in by regulators for a chat. Newly … ( read…
Featured Posts Title
China building first nuclear-powered aircraft carrier to challenge US
Trump’s trade war is pushing Canada closer to China
China urges Japanese leader to retract ‘egregious’ remarks on Taiwan
Corona del Mar boys water polo sinks Oaks Christian in CIF Open semifinals
Ex-NY governors’ aide goes on trial on charges she sold influence to China, got kickbacks for masks
The 2026 APEC Economic Leaders’ Meeting will be held in Shenzhen
China moves into Venezuela as Maduro regime gets Beijing lifeline amid US tensions
Recent Posts
Breakingviews – Beijing puts Ant on a shorter leash
Hong Kong leader to travel to Beijing to seek economic aid
Hong Kong leader Carrie Lam will travel to Beijing on Tuesday to meet with Chinese officials to seek help in reviving Hong Kong’s economy and discuss reopening the borders with mainland China as … (…
Climate change: China’s coal addiction clashes with Xi’s bold promise
The president has set a deadline of 2060 to be ‘net-zero’ for emissions but new coal-fired power plants keep springing up … ( read original story …)
Battle at Arm China threatens $40bn Nvidia deal
Nvidia’s $40bn deal for the UK-based chip designer Arm is facing fresh problems in China, after it emerged that the disaffected head of Arm’s local joint venture controls almost 17 per cent of the ……
China regulators summon Ant Group executives ahead of IPO
Chinese regulators summoned Ant Group founder Jack Ma and two other senior executives to a meeting just days before the company’s shares are due to begin trading following … ( read original story …)
China’s Ant Group facing regulatory pressure ahead of record IPO
Fintech giant Ant Group is facing growing Chinese pressure over potential risks in its online lending business, with co-founder Jack Ma and other executives summoned to an unusual meeting with … ( read original story…
Australian exporters to China face $6 billion ‘D-Day’
China is banning Australian wine, copper, barley, coal, sugar, timber and lobster exports from Friday, an unconfirmed customs official notice says. ( read original story …)
Factbox: What’s New in China’s 2020 Population Survey Versus 2010 Census
More than 1 billion Chinese citizens will participate in a once-in-a-decade census that will inform policymakers on demographic shifts in the world’s most-populous but fast-ageing nation, and help … ( read original story …)
Beijing puts Ant on a shorter leash
Days ahead of the company’s record-setting $34 bln IPO, founder Jack Ma was hauled in by regulators for a chat. Newly unveiled rules also would treat tech middlemen more like banks. It’s the clearest ……
College Board to sever financial ties with China after Blackburn letter
College Board, the entity responsible for developing SAT and AP tests, will sever financial ties with the Chinese Confucius Institute Headquarters (Hanban) at the end of … ( read original story …)
Fin or tech? China’s Ant, biggest-ever IPO, says it’s a tech firm not a bank
A spinoff from billionaire Jack Ma’s Alibaba Group, Ant presents itself as a technology company, while financial regulators suggest the firm remains under their purview. ( read original story …)
The growing U.S. deficit raises questions about funding as China cuts U.S. debt holdings
The U.S. deficit is burgeoning and it’s set to grow much bigger with a planned second stimulus package to beat the pandemic fallout. ( read original story …)
Shenzhen’s Luohu shining example of reform
The Luohu district government is a good example of this. As the first district set up in the city－which borders the Hong Kong Special Administrative Region－Luohu is considered a perfect example of … ( read…
