The city said the new directive, which also places stricter controls on rentals in other parts of the capital, was motivated by security concerns. ( read original story …)
Tagged By banking
China financial regulators urges Ant Group to set ‘rectification’ plan swiftly
China’s financial regulators urged Ant Group on Sunday to outline a concrete plan as soon as possible to meet regulatory demands and fully understand the seriousness of the “rectification” work it … ( read original…
‘The Elements of the China Challenge’: A Reply to Critics
November, the State Department’s Policy Planning Staff — I serve as the director — published “The Elements of the China Challenge.” The … ( read original story …)
China orders Ant Group to rectify businesses
Chinese regulators have ordered Ant Group, the world’s largest financial technology company, to rectify its businesses and comply with regulatory requirements amid increased scrutiny of anti-monopoly … ( read original story …)
Trump blames China for financial strain on Americans as 14 million people lose unemployment because the president refused to sign into law a massive $900 million coronavirus …
President Donald Trump on Saturday night continued to refuse to sign into law a massive $900 million coronavirus relief bill. ( read original story …)
China Asks Ant to Return to Payments Services Origins
Chinese regulators imposed a series of requirements on Ant Group Co., including that the company returning to its origin of being a payments service provider and reforming lending, insurance and … ( read original story…
China Central Bank Urges Ant Group to Set ‘Rectification’ Plan Swiftly
China’s central bank urged Ant Group on Sunday to outline a concrete plan as soon as possible to meet regulatory demands and fully understand the seriousness of the “rectification” work it needs to … (…
China economy picks up, but risks remain: World Bank
Following a sharp decline in the first quarter of 2020, economic activity in China has normalized faster than expected, aided by an effective pandemic-control strategy, strong policy measures and … ( read original story …)
China extends tariff exemptions for US chemical, oil products
Six US chemical and oil products will not be targeted by additional duties for another year, according to China’s finance ministry. The exemptions were initially introduced after the two countries … ( read original story…
China’s industrial profits grow robustly, seventh straight rise
Profits at China’s industrial firms grew robustly in November for a seventh month of gains, supported by strong industrial production and sales, as manufacturers continue their recovery from the COVID … ( read original story…
Beijing is sending a senior party leader to Nepal as political crisis unfolds
In May this year, when the wrangling within the Nepal Communist Party was at its peak, Chinese Ambassador Hou Yanqi visited the ruling party’s top brass and President Bidya Devi Bhandari.There was a … (…
China’s Industrial Profits Rise 15.5% Year-On-Year in November
The industrial profit data covers large firms with annual revenue of over 20 million yuan from their main operations. China’s economy has seen a strong rebound from the shock of the COVID-19 pandemic, … (…
China set to overtake US and become world’s biggest economy by 2028
The Centre for Economics and Business Research said China’s ‘skilful management’ of coronavirus and hits to Western growth meant its economic performance had improved. ( read original story …)
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