Ant Group’s move to publish responsible finance rules to make digital finance safer comes as the fintech giant makes plans to overhaul its sprawling business after authorities pulled its IPO in … ( read original…
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Beijing expands purge of top generals
China rebuts claims it could have given Nepal warning of deadly floods
Death toll rises and thousands still missing in Nepal and China after catastrophic floods
China censors videos showing deadly flash floods on the Nepal-Tibet border
Hundreds of hydropower workers among the missing after devastating floods in Nepal and China
Close to 3,000 missing in floods in Nepal and China
Nepal-China flood survivors reach safe areas as families await news of nearly 3,000 missing
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Ant Group publishes ‘responsible finance rules’ to protect consumers amid heightened scrutiny from Chinese regulators
Crypto Mining Stocks Are Risky, but SOS Ltd Stock Takes the Cake
As InvestorPlace Markets Analyst Thomas Yeung broke it down March 1, short reports from Hindenburg Research and Culper Research allege the China-based crypto miner is nothing but a house of cards. ( read original story…
Quad leaders will talk Covid-19 vaccines, 5G as well as China: US officials
Washington plays down Beijing focus for agenda of first meeting of government heads in informal alliance “I believe leaders tomorrow will be open about some of the concerns they have,” said one of the ……
China Looks to Get U.S. Ties ‘Back to Right Track’ in First Meeting Under Biden
China is looking to restore a positive tone to its relationship with the United States as representatives from the world’s top two powers are set to meet face-to-face for the first time since U.S. (…
China Blockchain Technology Market To Expand Substantially Owing to Technological Innovations during 2021-2023|By Kenneth Research
Market Synopsis The China Blockchain Technology Market is estimated to record a significant growth throughout the … ( read original story …)
Binance, the world’s largest crypto exchange, probed by CFTC over concerns it allowed US residents to trade derivatives
“We have always blocked US access, but users do find intelligent ways to get around our block sometimes,” company co-founder Changpeng Zhao said. ( read original story …)
Fake Louis Vuitton luxury bag operation in China worth US$15.4 million shut down after police arrest almost 40 people
The operation initially started to produce leather that was printed with Louis Vuitton patterns in 2018, however that failed because the fake patterns faded quickly. In March last … ( read original story …)
China’s Ant Group CEO leaves after failed IPO prompts revamp
China’s Ant Group Chief Executive Officer Simon Hu has unexpectedly resigned amid a regulatory-driven overhaul of the financial technology giant’s business, the first top management exit since a … ( read original story …)
China Built More Than 2,000 New Screens in the First Two Months of 2021
China built more than 2,000 new screens in the first two months of the year despite the uncertainty facing the exhibition sector due to COVID-19, according to the country’s National Film … ( read original…
Biden meets ‘Quad’ leaders as U.S., allies step up efforts to counter China
President Joe Biden is taking part in the first leaders’ summit of the informal international alliance known as the “Quad” as his administration steps up efforts to deal with China’s growing influence … ( read…
Jack Ma’s finance lieutenant walks away in wake of China clampdown
Jack Ma’s finance lieutenant has walked away from Ant Group due to “personal reasons” as Beijing’s clampdown on the fintech giant intensifies. Simon Hu, who took the helm in 2019 having headed up the ……
Luxury Retail Giants See Portfolios Revenues Reshuffle in China
Major developers saw record gains in mainland China as high as 60 percent in 2020, but suffered on various degrees in Hong Kong. ( read original story …)
Ant Group CEO Simon Hu resigns three months after failed IPO
Beijing cited the new rules for the abrupt suspension … Ant’s valuation from over $310 billion at the time of the planned IPO to under $200 billion. Earlier this month at the opening of National…
