China’s financial regulators on Sunday instructed Ant Group, the world’s largest financial technology company, to quickly present a concrete plan to meet regulatory demands and rectify what they … ( read original story …)
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China’s financial regulators order Ant Group to alter business plan
China Orders Ant Group to Revamp Its Business
By Raymond Zhong Chinese regulators on Sunday ordered the financial-technology giant Ant Group to fix what they … Google and other tech giants have done elsewhere. China’s market regulator recently … ( read original story…
Beijing city authorities ban Airbnb-style lettings in neighbourhoods near the Forbidden City
The city said the new directive, which also places stricter controls on rentals in other parts of the capital, was motivated by security concerns. ( read original story …)
China financial regulators urges Ant Group to set ‘rectification’ plan swiftly
China’s financial regulators urged Ant Group on Sunday to outline a concrete plan as soon as possible to meet regulatory demands and fully understand the seriousness of the “rectification” work it … ( read original…
‘The Elements of the China Challenge’: A Reply to Critics
November, the State Department’s Policy Planning Staff — I serve as the director — published “The Elements of the China Challenge.” The … ( read original story …)
Big blow to investments in China: Jack Ma episode has made global investors jittery
New Delhi: 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 time when several foreign companies ……
Beijing mouthpiece slams Hong Kong court for granting ‘extremely dangerous’ Jimmy Lai bail, warns China can take over his national security law case
Chinese Communist Party mouthpiece the People’s Daily on Sunday blasted a Hong Kong court for granting bail to media tycoon Jimmy Lai Chee-ying, warning that the mainland had “sufficient legal grounds … ( read original…
China Envisions Its Digital-Currency Future, With Lotteries and a Year’s Worth of Laundry
Authorities in the city of Suzhou handed out 20 million “digital yuan” to local residents to spend on online or offline purchases, as China took another step toward becoming the first major world … (…
Millions to Lose Jobless Benefits As Trump Refuses to Sign Stimulus Bill, Says COVID Is ‘China’s Fault!’
Gig-workers, freelancers and as well as long-term unemployed to lose benefits as Trump refuses to sign $900 billion relief package. ( read original story …)
Jack Ma’s Ugly Face-Off With Prez Xi Making Global Investors Jittery About China
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. ( read original story …)
China orders Ant Group to rectify businesses
Chinese regulators have ordered Ant Group, the world’s largest financial technology company, to rectify its businesses and comply with regulatory requirements amid increased scrutiny of anti-monopoly … ( read original story …)
Trump blames China for financial strain on Americans as 14 million people lose unemployment because the president refused to sign into law a massive $900 million coronavirus …
President Donald Trump on Saturday night continued to refuse to sign into law a massive $900 million coronavirus relief bill. ( read original story …)
China Asks Ant to Return to Payments Services Origins
Chinese regulators imposed a series of requirements on Ant Group Co., including that the company returning to its origin of being a payments service provider and reforming lending, insurance and … ( read original story…
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