China’s Ant Group has raised its registered capital to 35 billion yuan ($5.44 billion) from 23.8 billion yuan, public business registration records showed, as the fintech giant continues its …
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Beijing Stock Exchange to bolster development of SMEs
Photo by Dai Bing/for China Daily] While high hopes exist for the planned Beijing Stock Exchange as it is expected to further facilitate the innovation of small and medium-sized enterprises, the new …
China’s power crisis spreads pain in stock market, deflates hopes for winter stimulus kick
Investors are bracing for a wider fallout from China’s energy crisis as some analysts see the crunch lasting through next year. BNP Paribas picks more losers than winners.
As US returns to the UN Human Rights Council, it confronts an increasingly forceful China
A great deal has changed in the 3 years since the US withdrew from the council: ‘China is now the biggest player in town’, notes one diplomatic analyst.
What Evergrande Means for China’s Macro Economy (Podcast)
The implosion of Evergrande continues. And nobody knows exactly how the losses will be distributed. What will be the impact on creditors or people who have put down payments on homes that haven’t been …
Can China contain the Evergrande crisis?
As Evergrande’s crisis ripples through China’s property market and broader economy, it will be difficult to prevent contagion spreading through global financial markets …
China’s lottery sales fall in August
China lottery ticket sales totaled 3261 billion yuan about 5 billion US dollars in August down 62 percent year on year accor …
Global Tech Roundup: China’s central bank promises more fintech crackdowns
According to the country’s central bank governor, this move is part of a wider policy by the government to tighten its grip on its economy …
Thailand, China regulators to explore cross-border initiatives
Thailand and China’s securities regulators agreed at a meeting of top officials to look into the possibility of cross-border initiatives between their capital markets. Participants of the virtual …
US importers disappointed at White House’s plan to continue collecting tariffs: Yahoo Finance
A US cargo ship docks at the Qingdao Port, Shandong province. [Photo by Yu Shaoyue/For China Daily] WASHINGTON – US trade groups representing importers expressed disappointment with the White House’s …
No let up in China’s aim to curb tech monopolies, says PBoC governor
The central bank will work with anti-monopoly authorities to prevent firms from abusing dominant market positions and actively deal with new monopoly problems, governor Yi Gang said …
The Week Ahead – Stats to Put the GBP and the USD in the Spotlight. Data from China Will also Be in Focus
It’s a busier week ahead on the economic calendar, inflation and retail sales figures from the U.S, GDP numbers from the UK, and trade data from China will be key.
Xi Jinping says reunification a must for China’s rejuvenation on 1911 Revolution anniversary
Chinese revolutionaries led by Dr. Sun Yat-sen launched the 1911 Revolution, marking a milestone in the long and arduous journey to realize the rejuvenation of the Chinese nation.
