China’s last-minute abandonment of Ant Group’s record-breaking IPO stems from an intensifying battle for the soul of the nation’s financial system that the fintech giant and its charismatic leader … ( read original story …)
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Ant Group fiasco reflects battle for China’s financial soul
China blocks travellers from coronavirus-hit Britain, Belgium
Mainland China has barred entry to some travellers from Britain and Belgium and set strict testing requirements on visitors from the United States, France and Germany, as it reimposed border … ( read original story…
Being tough on China is what unifies a polarized U.S., former trade negotiator says
Regardless of who takes the White House, when it comes to dealing with China, it is expected to be more or less a status quo, says Clete Willems, a partner at Akin Gump. ( read…
China suspends entry for U.K. residents due to rising coronavirus cases
China is suspending entry for most foreign passport holders who reside in Britain, reacting to a new surge of coronavirus cases in the United Kingdom. ( read original story …)
President Xi says China will import $22tn worth of goods
Chinese President Xi Jinping said China will import more than $22tn (£17bn) worth of goods over the next decade. He has also called for a more constructive approach to an open global economy, and hit…
China’s industrial 5G ecosystem remains immature as companies struggle to find applications
This is the first in a two-part series, looking at how China’s 5G push is outpacing reality for much of the country’s industry … ( read original story …)
Ant march halted: What Ma’s frozen IPO says about China business
Ant saw its $35bn IPO suspended after its co-founder seemed to criticise the Chinese government’s economic road map. ( read original story …)
Shares of Australia’s Treasury Wines fall on fears of ‘retrospective tariffs’ from China
Fears of a move by China prompted Australia’s Treasury Wines Estates to put on hold a demerger of its most prized brand Penfolds label spinoff . ( read original story …)
China blocks travellers from coronavirus-hit Britain in partial closure of borders
Mainland China denied entry to some travellers from Britain, where more people have died from COVID-19 than anywhere else in Europe, in a partial closure of its borders this week again as new … (…
‘The party is pushing back’: why Beijing reined in Jack Ma and Ant
The billionaire’s criticism of regulators triggered the move by Communist leaders to limit the power of the fintech group … ( read original story …)
Sinking Ant’s dreams of floating shows where the power really lies in China
Jack Ma may be one of China’s richest businessmen and the master of the country’s flourishing internet economy, but the tycoon has received a sobering lesson in realpolitik. Days before Ant Group, Mr … (…
Will America or China be No. 1 in cryptocurrency?
Regardless of what happens in the election, virtually everyone on the planet agrees that it would be better for the United States to remain the No. 1 economic, cultural, and military power in the ……
Tricor Showcase Solutions for Accelerating International Business Expansion at the China International Import Expo (CIIE)
Asia’s leading business expansion specialist providing integrated business, corporate, investor, human resources and payroll, corporate trust and debt services and strategic business advisory, is plea … ( read original story …)
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