ByteDance has launched a new payment services within Douyin, the Chinese sister app of TikTok. Douyin users can choose Douyin Pay to make purchases within the short-video app. Douyin already offers … ( read original…
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TikTok owner ByteDance launches payments in China as it pushes into fintech and e-commerce
China Unicom appoints new executive director from China Telecom
China Unicom has appointed Chen Zhongyue its new president and executive director, succeeding Li Guohua who retired last March. Chen was previously an executive VP and director at China Telecom; the … ( read original story…
China Mobile Limited (NYSE:CHL) Stock Holdings Raised by Unison Advisors LLC
Unison Advisors LLC raised its stake in China Mobile Limited (NYSE:CHL) by 3.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 25,715 shares of the Wireless ……
Beijing to Investigate All Persons Who Entered City From Dec. 10: State Media
Authorities in the Chinese capital Beijing said they will track down and investigate everyone who entered the city from abroad from Dec. 10 as part of efforts to prevent a fresh COVID-19 outbreak from ……
In Confirmation Hearings, Biden Aides Indicate Tough Approach on China
Hearings for Biden nominees for top intelligence, diplomacy and military posts offered glimpses of where there will be a resumption of the Obama administration’s approach and where they could differ. ( read original story …)
Boardroom drama shakes China’s biggest chipmaker SMIC
When Liang Mong-song threatened to quit as co-chief executive of China’s largest chipmaker, it was an extraordinary moment even for the notoriously hot-tempered industry veteran. The departure of Mr … ( read original story …)
Biden secretary of state nominee Blinken endorses ‘genocide’ label on China’s treatment of Uyghurs. Takeaways from his confirmation hearing
President-elect Joe Biden’s nominee to be America’s top diplomat vowed to reverse a slew of the Trump administration’s foreign policy positions. ( read original story …)
South China Sea Tensions: Beijing Expands Naval Base, Plans Tunnel To Hainan
Beijing has now reportedly expanded the Yulin Naval Base and plans to build a tunnel between China and Hainan. ( read original story …)
US accuses China of ‘genocide’ of Uyghurs in Xinjiang
The US has officially determined that China is committing genocide and crimes against humanity against Uyghur Muslims and ethnic and religious minority groups who live in the northwestern region of … ( read original story…
China Outbound M&A Seen Driving Rebound in Loans This Year
Offshore loans in the Greater China region are expected to climb this year, driven by an increase in mergers and acquisitions, after falling to their lowest level in five years. ( read original story …)
China’s Tech Giants Are Muscling In on Lucrative IPO Market
China’s big technology companies, facing a crackdown at home over their dominance in online commerce and push into finance, are finding success in underwriting initial public offerings abroad. ( read original story …)
Shenzhen’s Digital Yuan Test Records Massive Success
The government of Shenzhen, China, has announced via a WeChat post that its digital yuan test exercise, which went live on January 7, this year, has recorded massive success, as residents have used … (…
IT firm NCS launches innovation centre in Shenzhen
Local information technology firm NCS launched an innovation centre in Shenzhen, China, on Monday to drive cross-border collaboration in applications of 5G and other emerging technologies like … ( read original story …)
