China has launched an antitrust Alibaba Group and will summon the technology giant’s Ant Group affiliate to meet in the coming days, regulators said on Thursd … ( read original story …)
Tagged By banking
Beijing Cracks Down on Alibaba Stock for Good Reason
Alibaba stock finds itself in a unique position of being targeted by both U.S. and Chinese regulators. And the concerns don’t end there.More From InvestorPlace Why Everyone Is Investing in 5G All … ( read…
Beijing’s Iron Grip on Corporate China
Then-U.S. Vice President Joe Biden shakes hands with Chinese President Xi Jinping inside the Great Hall of the People in Beijing, December 4 … Letter email newsletter delivers a weekly digest on … ( read…
China to lower import tariffs on 883 products including aviation equipment, logs, paper and IT products
China will lower import tariffs on 883 products from the start of January, including some aviation equipment, logs and paper products, while it will also further lower import tariffs on some … ( read original…
China stocks end higher on optimism over Beijing’s pledge to support recovery
BEIJING/SHANGHAI, Dec 23 (Reuters) – China shares ended higher on Wednesday, buoyed by optimism that policymakers would likely avoid sudden credit policy tightening in 2021 to support an economic … ( read original story …)
U.S., China charge toward ‘full-blown cold war’ as Beijing becomes more aggressive
Beijing has doled out well over $100 billion in loans to more than 100 countries to finance roads, bridges, ports and rail lines. U.S. officials accuse China of engaging in predatory lending by … (…
China Shouldn’t Withdraw Stimulus Rapidly, World Bank Warns
China should maintain accommodative monetary policy and avoid any “significant contraction” in fiscal policy next year to keep its economic recovery from the Covid-19 pandemic on track, according to … ( read original story …)
China food security: Beijing calls for biotech breakthrough to improve seed industry
Some 3,000 years after Chinese farmers domesticated soybeans, the government is calling for another biotechnology breakthrough in the seed industry to improve food security. Concerns about food supply … ( read original story …)
Beijing’s strong sense of crisis in Ant IPO postponement
China suspended a blockbuster initial public offering of financial technology giant Ant Group Co. two days before its planned debut on the Hong Kong and Shanghai stock exchanges. Ant was on track to … (…
China Liberal Education Holdings Limited Reports Financial Results for the First Six Months of Fiscal Year 2020
PRNewswire/ — China Liberal Education Holdings Limited (Nasdaq: CLEU) (‘China Liberal’, or the ‘Company’, or ‘we’), an … ( read original story …)
Beijing begins fundraising for 95 projects
Beijing recently unveiled 95 key projects with a fundraising … infrastructure (6.8 billion yuan), 14 in intelligent manufacturing (6 billion yuan), five in finance (12 billion yuan), 11 in … ( read original story …)
China’s central bank to cool credit growth in 2021, avoid premature policy tightening, sources say
Beijing is likely to reduce its fiscal stimulus next year and cut its 2021 budget deficit to about 3% of GDP from a target of at least 3.6% this year, sources say … ( read…
Sustainable financing and investing continues to interest China
China’s dynamic market sees scope for innovation when it comes to sustainable finance, however old habits persist when it comes to coal. ( read original story …)