With only 29 of the more than 6,000 peer-to-peer lenders remaining, China’s banking regulator plans to ease up on the crackdown by the year-end. ( read original story …)
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Olympic champion swimmer Cameron McEvoy breaks the 50-meter freestyle world record
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Recent Posts
China’s top banking regulator vows to track down errant P2P operators who still owe depositors US$115 billion
Bitcoin miner manufacturer Ebang plans to launch crypto exchange in Singapore
Nasdaq-listed bitcoin miner manufacturer Ebang is preparing to launch its own cryptocurrency exchange in Singapore.The post Bitcoin miner manufacturer Ebang plans to launch crypto exchange in … ( read original story …)
China retail sales fall fuels concern for global recovery from Covid-19
Retail sales dropped 1.1% in July while industrial production remains subdued … ( read original story …)
U.S. and China Put Trade Above Coronavirus Crisis in Weekend Talks
With Sino-U.S. relations approaching an all-time low, trade negotiators will chat by video link in an attempt to get the “Phase 1” deal back on track. ( read original story …)
Jimmy Lai, the testy tycoon defying Beijing
When the Hong Kong government arrested Jimmy Lai on Monday for alleged violations of the Chinese territory’s controversial new national security law, it dispatched more than 200 police officers to … ( read original story…
China expands digital yuan trials to Beijing and neighboring provinces
China’s Commerce Ministry announced today that it will expand the trials of the nation’s central bank digital currency (CBDC) to include Beijing, as well as Tianjin and Hebei provinces. According to … ( read original…
Ant Group makes pre-listing filing in China for blockbuster IPO
Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding , has made a preparatory filing with China’s securities regulator for its planned blockbuster initial public offering. ( read original story …)
China recovery hopes dented by fall in retail sales – business live
As the first country to be hit by the Covid-19 pandemic, and the first to ease lockdown rules, China is a litmus test for global economic prospects. So it’s rather concerning that retail spending ……
Shenzhen mall in lockdown after suspected coronavirus case
The IBC Mall in Shenzhen’s Luohu district was sealed off and under police supervision on Friday evening, with around 200 people queuing outside waiting for COVID-19 tests from medical personnel in … ( read original…
China will promote yuan’s internationalisation, central bank says
China will make it easier for foreign investors to use the yuan to invest in Chinese bonds and stocks as it pursues the currency’s internationalisation, the central bank said on Friday, amid rising … (…
Specialty Chemical Company China XD Plastics Announces Second Quarter 2020 Financial Results
China XD Plastics Company Limited (NASDAQ: CXDC) (“China XD,” the “Company” or “we”), one of China’s leading specialty chemical companies engaged in the development, manufacture and sale of polymer … ( read original story …)
China is set to expand its digital currency testing program to large cities, including Beijing
China’s commerce ministry has officially said that it would expand the digital currency testing program to large cities, including the capital Beijing.The post China is set to expand its digital … ( read original story…
China attacks new US demand to register Confucius Institutes
China accused the United States on Friday of trying to “demonize and stigmatize” relations between the two countries, in a scathing attack on the Trump administration’s … ( read original story …)
