GDS Holdings Ltd (GDS:NASDAQ, 09698:HK) is a value creator. The company is well prepared for high growth, possessing rich experience in serving Alibaba, Tencent and the likes. ( read original story …)
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Beijing shuts tourist sites, suspends bus services as heavy rain continues
China responds to expanded UFLPA Entity List, blacklists six US companies
Shenzhen, Hong Kong, and the two competing mega-bridges designed to build a 100 million person megalopolis
Russia is helping China close gap with US forces amid Taiwan tensions, warns longtime military leader
Beijing’s Home Viewing Rises After Chinese Capital Eases Property Market Rules
Zhu Rongji, who helped turn China into a trading giant, dies at 97
Ex-Chinese premier Zhu Rongji, who drove economic reforms and led China into the WTO, dies at 97
Recent Posts
GDS Holdings: A Clear Winner Of China’s Looming Technocracy
What ‘Keepwell’ Means in Case of China Bond Defaults
Bankruptcy and debt restructuring in China is a murky process, especially for international investors. So-called keepwell provisions are one way bondholders try to protect themselves in case of … ( read original story …)
China Bans Travel From U.K., India And Other Countries With Higher Coronavirus Infection Rates
As China reports low numbers of new coronavirus cases, it’s shutting its borders to countries still struggling with outbreaks. ( read original story …)
Nigeria targets $6 billion revenue from blockchain technology
The National Information Technology Development Agency (NITDA) says Nigeria plans to generate over six billion dollars through blockchain technology by 2030 … ( read original story …)
Ant’s Squashed IPO by China Highlights Global Fintech Challenge
China’s torpedoing of Ant Group Co.’s initial public offering is the most dramatic example yet of the financial frictions emerging globally as fintech upstarts invade the territory of central banks … ( read original story…
HSBC, Bank of China (HK) pocket up to US$3.2 million in fees from Ant’s IPO loans, even as brokers waive charges on halted stock sale
HSBC and Bank of China (Hong Kong), two of the biggest margin lenders for Ant Group’s suspended initial public offering (IPO) in Hong Kong, will pocket up to HK$25 million (US$3.2 million) in interest ……
China’s Plan to Regulate Internet Lending is Behind Suspension of Ant’s Record IPO, Analysts Say
China has suspended the record-breaking $35 billion stock exchange listing of Ant Group, a spinoff corporation of Chinese e-commerce conglomerate Alibaba, because regulators say changes in the … ( read original story …)
Coronavirus: China temporarily suspends entry of Indians with visas or resident permits
China has temporarily suspended entry of Indians with valid visas or residence permits over coronavirus concerns. “Due to the Covid-19 pandemic, it’s hereby announced that China has decided to … ( read original story …)
Chinese brands are huge on crowdfunding, even if you’d never know it
Jim Fields has seen his fair share of crowdfunding videos — he’s made more than a dozen of them for Chinese brands looking to expand abroad — and he knows how to make a not-quite-finished…
L’Oreal China CEO Says Business ‘Looking Good’
Fabrice Megarbane, president and chief executive officer for China at French cosmetics giant L’Oreal SA, discusses the state of the business in the world’s second-largest economy. He speaks with Tom … ( read original story…
In COVID clampdown, China bars travellers from Britain, France, India
Chinese travellers from Britain, France, Belgium, the Philippines and India, imposing some of the most stringent entry curbs of any country as coronavirus cases surge around the world. ( read original story …)
UK to big brands: do more to avoid forced labour in China’s Xinjiang
British lawmakers on Thursday urged big brands – from Gap to Zara – to ensure high-street fashion was not made from cotton picked by Muslims held in camps in China’s Xinjiang region. ( read original…
China Bans Many Foreign Travelers From Entering Due To COVID-19
“The suspension is a temporary response necessitated by the current situation of COVID-19,” the Chinese Embassy said. ( read original story …)