Chinese regulators ordered Jack Ma’s online financial titan Ant Group Co. to return to its roots as a provider of payments services, threatening to throttle growth in its most lucrative businesses of … ( read…
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Recent Posts
China Tells Ant to Return to Its Roots, Imposes Curbs
China Tells Ant Group to Refocus on Its Payments Business
Chinese financial regulators moved to rein in Ant Group, the financial-technology giant controlled by billionaire Jack Ma, telling it to switch its focus back to its mainstay payments business and … ( read original story…
While China is knocking at the door of key trade agreement, will the US find its way in under Biden?
Neither China nor the US are included in CPTPP, a high-standards pact that includes e-commerce, intellectual property, labour and environmental rules. ( read original story …)
Jack Ma episode has made global investors jittery about China
Mahua VenkateshNew Delhi, Dec 27 (IANS) The ugly face-off between Chinese President Xi Jinping and billionaire entrepreneur Jack Ma is set to deal a big blow to investments in the country. At a … (…
‘No Corona’: Athawale’s new slogan for new strain
Union minister Ramdas Athawale, whose ‘go corona, go’ chant became a national sensation, on Sunday came out with a new slogan, ‘No Corona’, saying it was in response to the new strain of the novel…
China’s Shenzhen reports one asymptomatic COVID-19 case
Students of grade 9 learn how to properly wear a face mask at Shenzhen Foreign Languages School in Shenzhen, south China’s Guangdong Province, April 27, 2020. (Xinhua/Liang Xu) SHENZHEN, Dec. 27 … ( read original…
CCP’s Witch Hunt of Jack Ma and Alibaba Will Cripple Foreign Investments Into China
Jack Ma is a vociferous critic of the Chinese government and the nature of financial regulations in the country. ( read original story …)
For Athawale, “Go Corona, Go” is passe; it is “No Corona” now
Union Minister Ramdas Athawale, whose ”Go Corona, Go” chant became a national sensation, on Sunday came out with a new slogan, ”No Corona”, saying it was in response to the new strain of the novel…
Coronavirus: Beijing goes into emergency mode after five new cases recorded
Beijing has gone into “emergency response mode” after five more Covid-19 cases were confirmed in the Chinese capital on Saturday. A further positive case has yet to be officially confirmed because the … ( read…
Beijing districts urged to enter ’emergency mode’
Beijing has tightened Covid-19 curbs over concerns that China’s mass travel during the holiday period could cause cases to spike in the capital, as … ( read original story …)
Ant Group says it will establish working party to meet China regulator demands
Chinese financial services and technology firm Ant Group said on Sunday it will establish a “rectification” working party and implement regulatory requirements in full, in a statement issued after a … ( read original story…
China sends top official to Nepal amid political crisis
A senior Chinese official arrived in Kathmandu on Sunday to assess the political situation, local party officials said, a first diplomatic step by the neighbouring power after Nepal’s Prime Minister … ( read original story…
China Tells Ant to Refocus on Payments Business
Financial regulators order Jack Ma’s Ant Group to switch its focus back to its mainstay payments business and rectify problems in faster-growing areas such as personal lending, insurance and wealth … ( read original story…
