Major financial services corporation China UnionPay, an analog to card providers like Visa and Mastercard, has partnered with the South Korean payment provider Danal to launch a … ( read original story …)
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China’s UnionPay and Korea’s Danal to launch crypto-supporting digital card
China lifts technology innovation to new national height
Technicians work in a workshop of Wuhan Xinxin Semiconductor Manufacturing Co., Ltd (XMC) in Wuhan Donghu New Technological Development Zone in Wuhan, capital of central China’s Hubei Province, Feb. ( read original story …)
China’s accumulated imports to exceed $22 trillion over next decade, President Xi says
China’s accumulated imports of goods will exceed $22 trillion over the next decade, and the country is accelerating its opening up despite the global coronavirus pandemic, Chinese President Xi Jinping … ( read original story…
Why China is the biggest foreign policy risk facing the U.S., according to a scholar
China remains the biggest foreign policy risk facing the U.S., according to Liz Economy, a senior fellow at Stanford University’s Hoover Institution. ( read original story …)
BMW Sales Boosted by China’s Strong Covid-19 Recovery
BMW, the German luxury car maker, reported strong growth in profits and new vehicle sales in the third quarter, as China’s robust recovery from the pandemic continues to bolster premium auto brands. ( read original…
China’s yuan has its worst fall in years on fears of renewed US tension
The US presidential election is far from decided. But Chinese markets may already be getting jittery about the possibility that President Donald Trump could pull out a second term. ( read original story …)
In China, bemusement and scorn over unresolved U.S. election
Chinese social media users watched election day in the United States with bemusement and mockery, as President Donald Trump complained of a “major fraud on our nation” and falsely claimed victory … ( read original…
Ant Group: China yanks IPO to show Jack Ma who’s really in charge
Beijing just showed tech titan Jack Ma and the rest of China’s billionaire tycoons who’s really in charge. Chinese regulators stunned financial markets on Tuesday when they slammed the brakes on Ant … ( read…
China says U.S. sends out ‘wrong signals’ to Taiwan on proposed drone sale
U.S. relations have plunged to their lowest level in decades amid disputes about security, technology, the coronavirus pandemic and human rights. ( read original story …)
Debut of Chinese e-finance giant derailed by fear of risks
The world’s biggest online finance company was racing toward a stock market debut when it was derailed by Beijing’s anxiety about risks in the fledgling industry, jarring global investors and … ( read original story…
China halts Ant Group’s $37bn listing
China called a halt to the $37bn (£28.5bn) listing of Ant Group on Tuesday (3 November), after billionaire founder Jack Ma was called to a meeting with financial regulators. The Ant Group IPO this ……
Beijing says it halted $37bn Ant IPO to protect market stability
Beijing said its suspension of the $37bn listing of Ant Group, controlled by China’s richest man Jack Ma, was needed to protect the country’s capital markets as investors reeled from the eleventh-hour … ( read…
Market ties between China, U.S. set to deepen regardless of who wins White House
As the world awaited definitive results from the U.S. presidential election, Chinese investors betting on the re-election of Donald Trump sent shares of a Shenzhen-listed air traffic control software … ( read original story …)
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