China imposed a record fine of 18.2 billion yuan ($2.8 billion) on Alibaba Group Holding Ltd. after an anti-monopoly probe found that it had abused its dominant market position.The penalty is triple …
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Beijing orders five Chinese cities including Guangzhou, Dongguan to rein in their runaway house prices
Beijing’s hard stance on curbing home prices and avoiding … Wang Jianfan, director of the tax policy department of the Ministry of Finance, said on Wednesday that the country will “actively and …
Why China is banking on Suez and plans for a new Egyptian capital
The China State Construction Engineering Corporation, the contractor for the project, is building an 80-storey, 385-metre tower as part of the project, which will be the tallest building in Africa …
China Fines Alibaba Group $2.8 Billion in Monopoly Probe
China imposed a fine of 18.2 billion yuan ($2.8 billion) on Alibaba Group after an anti-monopoly probe, part of a regulatory crackdown that has raised concerns about the future of Jack Ma’s tech …
China improves financial support for reform, opening-up in Hainan China improves financial support for reform, opening-up in Hainan
China on Friday issued a plan outlining financial support to Hainan to shore up the resort island’s comprehensive reform and opening-up. The plan was jointly released by the People’s Bank of China, …
Biden’s China policy is tougher on financial firms than Trump’s was, report says
… that allow foreign firms to gain majority ownership of their operations in China, including in finance, Seiberg said. — CNBC’s Michael Bloom contributed to this report. Get this delivered to your …
Secret contracts show how China structures loans to become Africa’s “preferred” lender
A new report led by AidData, a US-based development finance research lab … Lenders included the China Development Bank, the Export-Import Bank of China and state-owned commercial banks.
China Yuchai International Stock Shows Every Sign Of Being Fairly Valued
Because China Yuchai International is fairly valued … is expected to pay on average to all its security holders to finance its assets. We want to have the return on invested capital higher …
China and Russia announced a joint pledge to push back against dollar hegemony
Controlling the world’s reserve currency gives the U.S. government a powerful lever to police geopolitical behavior.
China is not dragging its feet on debt relief
There is no evidence to suggest that China is dragging its feet on debt restructuring or “vaccine diplomacy” which it is being accused of.
Bank maintains Discovery ‘Buy’ advice
Discovery’s share price has risen and fallen dramatically over the past few months. As recently as mid-March its share price was an impressive $77, and an all …
Chinese banks cut branches at a faster pace as costs bite and digital banking grows in popularity
Mainland lenders have closed 430 bricks-and-mortar locations in the first three months of this year, mainland media reported citing the China Banking and Insurance Regulatory Commission …
Beijing Review: Icebreakers in China-U.S. ties share their priceless memories as ping-pong diplomacy turns 50
We all realized it wasn’t just about table tennis. It was about friendship and establishing a bond,” Liang told Beijing Review. The past five decades have witnessed an increasing flow of students …
