China’s cyberspace regulator has drafted new guidelines that will require the country’s large internet companies to obtain its approval before they undertake any investments or fundraisings, sources …
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China wants internet giants to get approval for investments, fundraisings – sources
With Bitcoin At $43,000, Check Out These Crypto Stocks
Cryptocurrencies have seen a lot of volatility in recent weeks. Bellweather crypto, Bitcoin, has seen prices plummet by almost 10% year-to-date, to levels of about $43,000 currently, and also remains …
China’s 150 million online shoppers, overseas suppliers fear coronavirus mail contamination threat
Fears in China that the coronavirus can be spread on the surface of imported goods escalated this week after Beijing’s first Omicron variant case was linked to a letter from Canada China had a …
China drafts rules to give property developers more access to escrow funds: Sources
Regulatory curbs on borrowing have driven the sector into crisis, highlighted by China Evergrande Group which was once China’s top-selling developer but is now the world’s most indebted property firm …
China central bank changes release time of monthly loan prime rate
China’s central bank said on Wednesday it will change the time it releases the monthly fixing of the loan prime rate (LPR) to 9:15 a.m. from 9:30 a.m. local time on the 20th of each…
China to tighten scrutiny on tech firm’s financial sector investment
China will strictly regulate platform companies’ investment in financial institutions and local financial organizations.
Developers Soar on China’s Easing Proposals: Evergrande Update
Chinese property stocks and bonds rallied for a second day after the central bank pledged to use more monetary policy tools to spur the economy. The sector extended gains near the end of trading on…
China’s Foreign Firms Are Running Out of a Key Resource: Foreigners
Nearly two years of strict border controls have led to a growing shortage of foreign talent in China. Some worry it could become permanent.
China Focus: Eyeing Chinese market, global luxury brands embrace Year of the Tiger
As the Chinese Lunar New Year approaches, global luxury brands are launching limited edition products to welcome the Year of the Tiger. Most of the limited edition items highlight the image of the …
US e-reader brands can now sell in China, without the hassle
One of the bottlenecks of foreign entities wishing to do business in China, is having to find partnerships. This is pretty easy if you are a large company, with deep pockets, but even Amazon tried…
JD.com, Canadian internet retailer Shopify team up on cross-border e-commerce expansion amid China online sales slowdown
JD.com, China’s second-largest e-commerce services provider, has teamed up with Canadian internet retail giant Shopify to expand their cross-border operations, as online consumer spending on physical …
China Uses Anal Tests To Detect Omicron As COVID Variant Spreads Before Winter Olympics
The testing method—considered impractical for larger outbreaks—has been in use since the start of the pandemic.
China’s magnesium exports jump, easing fears of shortages in Europe
China’s magnesium exports nearly doubled in November from the same month a year earlier as production ramped up alongside the lifting of restrictions on power use by energy-intensive industries, …