U.S. Treasury Secretary Janet Yellen and Chinese Premier Li Qiang have expressed hope Friday for better communication after Yellen appealed to Beijing not to let frustration over U.S. curbs on technol
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US Treasury chief Yellen and China’s No. 2 leader express hope for improved bilateral communication
China fines Alibaba’s Ant Group $985 million
The People’s Bank of China on Friday announced a $985 million fine against Ant Group, the financial arm of online retail giant Alibaba.
China maintains bans on food imports from Japan due to safety reasons
(Corrects headline, paragraph 1 to say China will maintain bans, not will ban) BEIJING (Reuters) – China will maintain bans on the import of food from about one-fifth of Japanese prefectures for safety reasons, Chinese…
Alibaba’s Ant Group Accepts Fine, Could An IPO Be Next, Week In Review
Hong Kong-listed bank stocks had a very tough week for multiple reasons, which weighed down the broader markets. Asian equities ended a down week lower in advance of US employment data this morning.
Ant Group gets ‘very manageable’ $984 million fine as China ends tech crackdown that thwarted world’s biggest IPO
Still, China’s latest measures don’t represent a return to low … For Ant, it may take longer than anticipated to resume an IPO. Companies can’t list domestically on the country’s so-called A-share …
China ends Ant Group’s regulatory revamp with $984 million fine
Chinese authorities announced on Friday a 7.12 billion yuan ($984 million) fine for Ant Group, ending a years-long regulatory overhaul of the fintech company and marking a key step to concluding a …
U.S. Treasury chief Janet Yellen pushes China over “punitive actions” against American businesses
Janet Yellen, in Beijing to meet Chinese officials and American businesses, stressed the U.S. desire to trade, but not at the expense of security.
Did ‘Barbie’ cross the line? How a ‘child-like’ map stirred a South China Sea dispute
This is China’s vast — and fiercely disputed — territorial claim over most of the South China Sea. It is made up of nine broad-brush dashes, representing a colossal maritime claim that has been summarily…
U.S. Treasury chief Janet Yellen visits China with warning over “unfair economic practices”
Janet Yellen, in Beijing to meet Chinese officials and American businesses, stressed the U.S. desire to boost trade, but not at the expense of security.
Understanding China’s Gallium Sanctions
The announcement has sparked renewed concern in the United States about its dependence on critical mineral imports from China. However, current and future production capacities in Japan, Germany, and Australia undermine the power of this…
China Consumer 2023 | UK Consumer Brands Meet Leading China Partners & Influencers
The second day of the China-Britain Business Council’s China Consumer 2023 programme took place on 5th July in CBBC’s London office and online. With British Consumer brands offered a rare platform …
Alibaba’s shares rise after China fines Ant Group almost $1 billion for ‘illegal acts’
A long-running regulatory crackdown on Alibaba’s financial arm Ant Group has ended with a fine, sending the stock up 5%.
China Ends Tech Crackdown With Fines on Tencent, Ant Group
Chinese regulators imposed more than $1 billion in fines on tech giants Ant Group Co. and Tencent Holdings Ltd., signalling an end to a crackdown on the sector that had wiped out billions in market…
