DBS Group Holdings said on Friday it was raising its stake in China’s Shenzhen Rural Commercial Bank in a S$376 million ($284.72 million) deal, as it looks to tap into growing opportunities in the …
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DBS to raise stake in China’s Shenzhen Bank
DBS ups stake in Shenzhen Rural Commercial Bank Corporation to 16.69%
DBS Group Holdings, through its wholly-owned subsidiary, DBS Bank Ltd, has obtained the requisite regulatory approvals to increase its existing stake in Shenzhen Rural Commercial Bank Corporation …
Chinese e-commerce giant JD.com wins antitrust lawsuit against Alibaba, which was ordered by a Beijing court to pay US$141 million in damages
The Beijing High People’s Court on Friday ruled that Alibaba ‘abused its market dominance’ and ordered the Taobao and Tmall operator to pay US$141 million in damages.
South China Sea: Beijing will ‘respond resolutely’ if Manila builds permanent structure on disputed reef
China says Philippine plan to install permanent facility on Second Thomas Shoal is ‘provocative’, and infringes on its sovereignty Tensions around the area spiked in recent months as China’s …
Former Vice-chair Of China’s Banking Regulator Handed Life Sentence
A former vice-chairman of China’s banking regulator has been sentenced to life imprisonment, state media reported Friday, the latest target in a crackdown on corruption in the second-largest economy’s …
China braces for Covid surge as JN.1 variant spreads around the world
JN.1 likely to become the prevailing strain throughout the country, in part driven by Lunar New Year travel Cases expected to put pressure on struggling health services in rural areas Chinese health …
Can China’s international courts meet the challenge of the country’s global ambitions?
China’s Supreme People’s Court first set up two national-level international commercial courts in 2018 to handle belt and road-related disputes – one in the southern city of Shenzhen, Guangdong …
Beijing appoints chief of the Chinese navy as new defence minister
BEIJING: China named Dong Jun as its new defence minister today to replace the last minister who disappeared four months ago. The appointment by Chinese lawmakers comes as President Xi Jinping upgrades the military as…
China Appoints a New Defense Minister After Months of Uncertainty Following Sacking of Predecessor
China has appointed a new defense minister after months of uncertainty following the firing of his predecessor for reasons still unexplained
China Strengthens Territorial Claim With Villages Seen From Space
The two Asian giants fought a bloody border war in 1962 over the disputed 2,100-mile Line of Actual Control. In the past three years, however, fresh clashes have been reported at both ends of the…
U.S. wants to contain China’s chip industry. This startup shows it won’t be easy
WASHINGTON–Last year, a veteran Silicon Valley software executive took the helm of a startup in his native China, company records show. The startup told potential investors it would sell microchip …
Tencent Executive Cedes Key Role Amid China Gaming Turmoil
Tencent Holdings Ltd. chief exploration officer David Wallerstein is leaving his management role, the company said, as the company struggles with China’s ongoing efforts to curb technology, …
China’s BYD overtakes Tesla as world’s most popular electric vehicle maker
China’s BYD bills itself as the biggest car brand you’ve never heard of. It might need a different tagline soon.The automaker is poised to surpass …