The Shenzhen subsidiary of the People’s Bank of China said it intends to “promptly clean up and rectify” 11 companies for providing illicit crypto trading activities.
Tagged By beijing
China Sends Warplanes Near Taiwan During Suspected Weapons Tests Around Island
People’s Liberation Army spokesperson said warplanes and warships were deployed around southern Taiwan for a combined arms exercise on Tuesday.
China’s steel exports to Australia drop 50% in blow to local economy
A worker rushes to finish orders for special steel products at a factory of China Baowu Steel Group’s specialty steel subsidiary in Maanshan, East China’s Anhui Province. Photo: cnsphoto China’s steel …
China’s Chongqing posts foreign trade growth in Jan.-July
China-Europe freight train leaves the Tuanjie Village Station of southwest China’s Chongqing Municipality, March 19, 2021. (Xinhua/Tang Yi) CHONGQING, Aug. 17 (Xinhua) — The foreign trade of …
Shanghai Special: Crypto crackdown fallout and what happens next
A look at the recent cryptocurrency regulations in China, how past regulatory decisions have led us here, and what the crypto and blockchain investors can expect in the future.
How China’s crypto crackdown disrupted Bitcoin mining
With the shutdown of Chinese mining operations, players still plugged into the network saw a rare window to get richer …
HSBC to pull together $2bn IPO for China’s biggest AI firm SenseTime
HSBC is working with China’s largest artificial intelligence group SenseTime to form a Hong Kong listing, according to reports.
Chinese ports choke over ‘zero tolerance’ COVID-19 policy
Several Chinese ports are facing congestion as vessels due to call at Ningbo are bing diverted and cargo processing is slowed partly due to stricter disinfection measures under China’s “zero-tolerance …
China must aim to curb Covid-19 before school term, health minister says
Schools and universities will start in September as scheduled, Ma Xiaowei says36 of the 48 cities where there has been an outbreak had not reported a case in more than six days as of Saturday,…
Beijing city says it will help people who lost jobs as result of China’s crackdown on private tutors to find work
The authorities in the capital said there were tens of thousands of posts ‘available’ for those leaving the sector after it was hit with severe restrictions.
Beijing prohibits off-campus tutoring on holidays
The Chinese capital has banned curriculum subject-tutoring institutions from holding classes on holidays, Beijing municipal education commission said in a press conference Tuesday. Li Yi, spokesperson …
China: Sino Biological raises Rmb4.98bn in heavily oversubscribed IPO
Sino Biological, a biotechnology company which provides biological research reagents and related technical contract research services, has listing on the Shenzhen Stock Exchange subsidiary ChiNext.
China Evergrande Boss Steps Down as Chairman of Its Flagship Property Business
Chinese real-estate billionaire Hui Ka Yan has stepped down as chairman of China Evergrande Group’s flagship property business, months after the unit dropped plans for a multibillion-dollar listing on …
