China’s Ant Financial, the payments giant controlled by Jack Ma, raised about $14 billion in its latest funding round as it accelerates the expansion of Alipay globally and develops new technology. The funding makes Ant…
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Why are Chinese flights to North Korea resuming now?
China resumes Beijing-Pyongyang flights after six years as North Korea finally eases border controls
Air China restarts direct Beijing–Pyongyang route after six‑year pause as North Korea slowly reopens
Air China resumes direct flights between Beijing and Pyongyang
Taiwan’s Kuomintang leader to visit mainland China to aid ‘peaceful’ relations: Beijing
Air China resumes flights connecting Beijing and Pyongyang
How Beijing Restored its Aquifer and Reversed its Groundwater Depletion
Recent Posts
Ant Financial Raises $14 Billion as Latest Funding Round Closes
China’s Ant Financial raises $14 billion to bolster global push
SHANGHAI/BEIJING (Reuters) – Ant Financial Services Group, operator of China’s biggest online payment platform, said on Friday it had raised around $14 billion from investors including Singapore’s sovereign fund and U.S. private equity firm Warburg…
China’s Ant Financial raises $14 billion in new funds
China’s Ant Financial announced Friday that it raised around $14 billion in fresh funds from investors. The company, which was spun off from Alibaba , is a major player in China’s massive financial technology landscape.…
China moves to cash in after Trump exits Iran nuclear deal
China’s adeptness at doing business with Iran through state-owned companies not exposed to the American financial systems could make Beijing the big beneficiary of President Trump’s move to withdraw from the Iran nuclear deal and…
What Will The Effects of a Mizuho Securities Downgrade Be For China Unicom (CHU) Shares?
In a research report published on Thursday, 7 June, Mizuho Securities announced that they will be downgrading shares of China Unicom (CHU) from a Neutral to a Underperform rating. The stock increased 0.87% or $0.12…
A Guide to China’s $10 Trillion Shadow-Banking Maze
Shadow banking in China has ballooned into a $10 trillion ecosystem which connects thousands of financial institutions with companies, local governments and hundreds of millions of households. The practice is now at the center of…
Is Mizuho Securities Now Negative on China Unicom (NYSE:CHU) After Recent Downgrade?
In a research report sent to investors and clients on Today, research analysts at the Mizuho Securities equities division cut the stock rating for China Unicom (NYSE:CHU) shares to a Sell. The stock decreased 2.08%…
The Reborn Bling Dynasty in China
Any move to dampen China’s runaway urban property markets could hit the luxury industry very hard. Yet the new boom has also brought a new risk: Falling out of fashion. Luxury brands have historically tried…
E-Commerce Incubator Brings Indie Foreign Brands To Millennials In China
Brands can have a hard time finding an audience in an age where everyone fights for attention on social media. China e-commerce company Alibaba Group is using its Taobao Global incubator to give small to…
U.S. reaches deal with China’s phone maker ZTE: Commerce Secretary
He added that he did not think the arrangement would have any effect on tariff talks with China. “We think this settlement, which brought the company, a $17 billion company, to its knees, more or…
China will see the biggest boost in World Cup ad dollars – even though it didn’t qualify
Businesses in China are set to spend an additional $835 million on advertising ahead of the World Cup, which starts in a week’s time. The twist is that the Chinese didn’t qualify for the soccer…
Commerce Secretary: US reaches deal with China’s ZTE
WASHINGTON — The United States and China have reached a deal that allows the Chinese telecommunications giant ZTE Corp. to stay in business in exchange for paying an additional $1 billion in fines and agreeing…
Huzhou to spend 1b yuan per year to develop green finance
Huzhou is exploring new financing mechanisms to speed up the development of green finance. [Photo/VCG] Huzhou in Southeast China is exploring new financing mechanisms to speed up the development of green finance, with a 1…
