Beijing sealed off 10 areas of its northeastern Shunyi district on Tuesday, the first lockdown in the Chinese capital since the last coronavirus outbreak in the months of June and July. ( read original story…
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Recent Posts
China’s capital locks down part of district in coronavirus fight
China Is Struggling to Get the World to Trust Its Vaccines
What should have been a big Covid win for Beijing in building ties is revealing widespread mistrust in China’s products. ( read original story …)
China hopes to conclude talks on EU investment deal by ‘early date’
China hopes lengthy negotiations for an investment deal with the European Union can wrap up at an “early date”, a foreign ministry spokesman said on Tuesday. Talks have been stuck for years since … (…
Shenzhen court to deliver verdict on Hong Kong fugitives on Wednesday morning
Ten of the 12, all of whom were arrested at sea while attempting to flee to Taiwan in August, reportedly pleaded guilty on Monday. ( read original story …)
China’s Record 5G Blueprint for 2021 Electrifies Telecom Stocks
China unveiled plans to almost double its fifth-generation wireless capacity next year, sending ZTE Corp. and other network gear makers soaring. ( read original story …)
Ant plans holding company with regulation similar to bank, sources say
BEIJING (BLOOMBERG) – Jack Ma’s under-seige Ant Group is planning to fold its financial operations into a holding company that could be regulated more like a bank, according to people familiar with … ( read…
Why Luxury Brands Are ‘Putting on a Game Face’
That game has, over the last 11 years, grown consistently and become the most played PC game in the world. Since then, League of Legends has been incorporated into comic books, fashion, music, other ……
China shows Jack Ma what an activist can do
In July, my colleague Anjani Trivedi and I wrote that its IPO would run the risk of exposing how volatile and unsteady China’s financial regulations can be. A blockbuster listing felt almost too good ……
China pushes Alibaba founder Jack Ma to downsize his finance business
The country’s regulators have ordered the Ma-founded Alibaba affiliate Ant Group to scale down its business. In particular, they’ve ordered the company to “return to its origins” as a payment provider … ( read original…
Australia’s growth may ‘never return’ to its pre-virus path after trade trouble with China, says economist
Australia’s gross domestic product (GDP) could be hit by as much as 2.8% due to the escalating trade tensions with China, according to Capital Economics. ( read original story …)
US extends China military investment ban to subsidiaries
The US Treasury department said on Monday that an executive order issued by Donald Trump banning investments in Chinese companies with suspected military ties would apply to subsidiaries, embracing a … ( read original story…
Alibaba’s Woes Deepen in China Over Ant Group. Why the Stock Is Starting to Look Oversold.
China’s regulators have instructed Alibaba’s sister financial company Ant Group to “return to its origins” as a simple payments network. ( read original story …)
Converse recasts itself as ‘brand of youth’
In a self-conducted market survey, Converse has found many consumers in China consider it an old brand. The finding has pushed the sportswear maker to launch campaigns and innovations to change that … ( read…
