China’s banking and insurance regulator on Wednesday said it would strengthen supervision over financial activities by banks and insurers with internet platforms, the latest attempt to rein in China’s … ( read original story …)
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UPDATE 1-China to step up supervision of financial activities on internet platforms
Chinese smartphone brands expanded India market share in 2020: Report
Chinese smartphone brands increased their market share in India in 2020, a year marked by deadly border clashes between the Asian neighbours and … ( read original story …)
China-US tension: Xi tells World Economic Forum competition is for pursuing excellence not killing off a rival
With just a few glimpses of the possible trajectory of Sino-US relations in the Biden era, Chinese President Xi Jinping acknowledged there was rivalry between the two nations, but suggested that … ( read original…
China Deploys Anal Swabs For Covid-19 Testing, Says It’s More Accurate
Health authorities in China have deployed anal swab tests to detect covid-19 in the lead up to the Lunar New Year celebrations, according to the Chinese state media outlet the Global Times, a … (…
Joe Biden’s Early Moves Dash Beijing’s Hopes of U.S.-China Rapprochement
Once buoyant about the chances of a thaw in relations, China’s state media is now warning of a “long winter” ahead for ties with Washington. ( read original story …)
Taiwan Lawmaker Accuses China’s Xi Jinping of Hypocrisy After Davos Speech
The Chinese leader’s pointed speech, which many took as a veiled message for President Joe Biden, included the line: “The strong should not bully the weak.” … ( read original story …)
LVMH’s Flagship Brands Ended 2020 Strong, Despite Lockdowns. The Luxury Giant Is Confident About 2021.
Global luxury goods giant LVMH Moët Hennessy-Louis Vuitton ended a turbulent 2020 with double-digit growth in its flagship brands, beating expectations for the fourth quarter as the company set out a … ( read original…
China’s Central Bank Says Ant IPO Could Resume Once Problems Resolved
Ant Group Co. could resume its plans for an initial public offering once problems are resolved, China’s central bank chief said, offering some relief to … ( read original story …)
Jack Ma’s Ant Group reportedly plans to transform into a financial holding company overseen by China’s central bank
Jack Ma’s Ant Group becoming a financial holding company would give Chinese regulators oversight of all its activities, sources told the WSJ. ( read original story …)
Jack Ma’s Ant Group responds to regulatory pressure from China with major reorganization
Financial group led by Alibaba CEO is set to turn itself into a financial holding company overseen by China’s central bank. ( read original story …)
China Deploys Anal Swab Tests To Detect High-Risk Covid-19 Cases
Experts say the test, rolled out before millions are expected to travel for the Lunar New Year, could be more accurate than throat and nose swabs. ( read original story …)
Biden’s pick for U.N. ambassador lays out priorities, need to curb China’s “authoritarian agenda”
If confirmed as U.S. Ambassador to the U.N., Linda Thomas-Greenfield may get a “warm welcome” from her fellow diplomats, but she’ll have her work cut out for her. ( read original story …)
Biden’s UN envoy pick to vow tough stance on China, greater US engagement
Greenfield, President Joe Biden’s pick for U.N ambassador, will vow a tough stance on China and greater U.S. engagement at her confirmation hearing. ( read original story …)
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