Beijing has told 11 internet platforms including Alibaba Group Holding and Tencent Holdings to better protect gig workers’ rights as the government continues its scrutiny of Big Tech firms in an area …
Tagged By banking
What next for EU ties as ‘shocked’ Beijing lashes out at Slovenia over Taiwan office plans?
Slovenia’s plans to open a Taiwan office looks likely to provoke a “shocked” Beijing into yet another diplomatic spat despite hopes of mending ties with the European Union, analysts said. This comes …
China Evergrande’s offshore debt, assets could be separated in restructuring: Report
Financial intelligence provider REDD said on Friday the provincial government in Guangdong, where Evergrande is based, aimed to release a framework de..
China armtwists Pakistan to compensate Chinese workers killed in Dasu Dam terror attack
Under Beijing pressure the Economic Coordination Committee ECC of Pakistan has approved the compensation of USD 116 million to the families of the Chines …
IMF Chief Warns China On Repercussions Of Lockdowns, Asks It To Asses Zero-COVID Policy
The International Monetary Fund has raised a warning against China’s zero-COVID approach, saying that the hardline policy risks damaging the global economy.
Sri Lanka – China’s dept trap- A geo-strategy
American statesman John Adams famously said,“There are two ways to conquer and enslave a country: One is by the sword; the other is by debt.” Chi …
China central bank lowers SLF rates by 10 basis points
China’s central bank said on Friday it had cut rates on its standing lending facility (SLF) loans by 10 basis points effective Jan. 17.In a response to Reuters questions, the People’s Bank of China …
China can achieve economic growth of around 5.5 per cent in 2022 : Cabinet adviser
BEIJING: China will be able to achieve economic growth of around 5.5 per cent in 2022, Zhu Guangyao, an adviser to China’s cabinet, said on Friday (Jan 21), in a rosier prediction than market …
China issues new directives to ‘crimp’ expansion of country’s entertainment, tech giants
China has issued fresh directives to crimp the expansion of the country entertainment and tech giants including Alibaba Tencent and Bytedance owner of TikT …
China’s central bank cuts rates on standing lending facility loans to avoid credit crunch
The People’s Bank of China lowers rates on its standing lending facility loans for all tenors in an effort to “open its monetary policy took box wider” to …
British MPs call for government to take further measures against China over treatment of Uygurs
Backbenchers in Parliament call for the British government to impose additional sanctions and import blacklists to address alleged human rights abuses against Uygurs in Xinjiang.
China handles US rate hikes better with stronger yuan, financial opening-up: forex regulator
China is better placed to handle the changes in US interest rate hikes with strength in the industrial chain, financial opening-up, ample foreign reserves, and the attractiveness of Chinese assets, …
China Jo-Jo Drugstores Reports First Half of Fiscal Year 2022 Financial Results
We received 2021 China ESG Golden Awards, a Sustainability Award from Sina Finance, which recognizes our meaningful progress in delivering social and environmental benefits. The project “Healthy …