The past five years have seen countless luxury brands scrambling over each other to get into the lucrative fashion market of China, partnering with Chinese companies like Tmall. But recently … ( read original story…
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How China’s swift recovery boosted it to fashion capital status
Markets shock in 2020 gives way to IPO boom
Proceeds in Asia, at $73.4bn, would have been far higher if payment company Ant Group had not halted its blockbuster $37bn IPO after it ran afoul of Chinese regulators. Ant’s absence handed … ( read…
“No corona, no corona”: Minister Ramdas Athawale’s new slogan for new virus strain
The video was reportedly shot at the Gateway of India here on February 20 during a prayer session to stop the spread of coronavirus in China. ( read original story …)
Alibaba shares fall after Beijing turns up heat on Ant
Shares in Alibaba, the ecommerce group founded by Jack Ma, fell sharply after Beijing publicly accused its payments arm of regulatory failings in its latest salvo against one of China’s richest men. ( read original…
Behind China’s fastest-growing big city: Aviation, tourism and a potential housing bubble
Xi’an, home to the Terracotta Warriors, posted the fastest growth in the first three quarters of this year among China’s largest cities. ( read original story …)
Zhang Zhan: China jails citizen journalist for Wuhan reports
A Chinese citizen journalist who covered Wuhan’s coronavirus outbreak has been jailed for four years. Zhang Zhan was found guilty of “picking quarrels and provoking trouble”, a frequent charge against … ( read original story…
Australia’s relationship with China can survive – but it won’t be the same again
There can be no return to the relations of the past. The question for 2021 is how to find a new settling point … ( read original story …)
Ant and Beijing begin delicate, dangerous dance
The People’s Bank of China has called for the Ant Group to rectify financial regulatory violations, according to a statement released on Dec. 27. PBOC Vice Governor Pan Gongsheng said that Ant … ( read…
China highly criticizes Ant Group, tells company to switch back to its mainstay payments business
Chinese financial regulators moved to rein in Ant Group Co., the financial-technology giant controlled by billionaire Jack Ma, telling it to switch its focus back to its mainstay payments business and … ( read original…
with its social network factory, PAO offers a space of play in shenzhen
people’s architecture office (PAO) introduces the social network factory in shenzhen as a more intimate, inward-looking environment, a contrast to the massive scale of the neighboring sea world … ( read original story …)
Seven killed in knife attack in northeast China
At least seven people were killed Sunday morning by a knife-wielding attacker in northeast China, according to state media. ( read original story …)
Beijing strengthens epidemic prevention as sporadic cases emerge
Beijing has tightened epidemic prevention and control measures following new reports of local COVID-19 infections, local authorities said on Sunday. Sporadic cases have been reported recently in … ( read original story …)
China’s Digital Yuan Trial Sees Spending For Retail, Ridesharing And More
A second digital yuan trial by the People’s Bank of China has ended with spending on numerous things from retail to grocery to ridesharing. ( read original story …)
