it would simply stop the IPO of any “sick” company trying to force its way through to IPO in Shanghai or Shenzhen. China’s booming consumer market is good fodder for unicorns that specialise in …
Tagged By beijing
Alibaba fined $2.8 billion on competition charge in China
Party leaders worry about the dominance of China’s biggest internet companies, which are expanding into finance, health services and other sensitive areas. The party says anti-monopoly enforcement, …
China fines Alibaba billions for alleged market abuses
Platform co-founded by Jack Ma, who has criticised Chinese authorities, misused its dominance, say state regulators …
China’s Alibaba hit with record $2.75 billion antitrust fine
Chinese regulators said on Saturday they have fined Alibaba Group Holding Ltd a domestic record $2.75 billion for antitrust violations, amid an unprecedented regulatory crackdown on Jack Ma’s company …
China able to produce 5b COVID-19 vaccine doses annually by 2022
China is expected to achieve an annual production capacity of 5 billion doses of COVID-19 vaccine by the end of next year, with nearly 70 percent of its population vaccinated, said Feng Duojia, …
China promotes COVID-19 vaccination with high efficiency
The Chinese pharmaceutical giant said its daily output of COVID-19 vaccines had reached about 3 million doses and would be further expanded to meet the growing demand of China and other countries.
A Chinese grandfather holds his grandson in Beijing, China
A Chinese grandfather holds his grandson as they go for a walk in Beijing on February 23, 2018. China’s one-child policy enforced since 1980 has, when combined with a cultural preference for boys and …
East China’s Jiangsu launches mass vaccination campaign against COVID-19
People receive COVID-19 vaccine at a vaccination site in Gulou District of Nanjing, east China’s Jiangsu Province, April 9, 2021. East China’s Jiangsu Province has launched a mass vaccination campaign …
China Fines Alibaba $2.8 Billion in Landmark Antitrust Case
By Raymond Zhong China on Saturday said it was imposing a record $2.8 billion fine on the e-commerce titan Alibaba for monopolistic business practices, the government’s toughest action to date in its …
China regulators fine Alibaba $2.75 billion for anti-monopoly violations
SHANGHAI (Reuters) – Chinese regulators have fined Alibaba 18 billion yuan ($2.75 billion) – around 4% of its revenues in 2019 – for violating anti-monopoly rules and abusing its dominant market …
China’s refined copper, aluminium imports to fall in 2021
BEIJING: China’s refined copper imports are expected to fall by around 27% in 2021 from last year’s bumper levels while primary aluminium inflows will more than halve, state-backed research house …
Bitcoin mining in China could soon generate as much carbon emissions as some European countries, study finds
In China alone, bitcoin is projected to generate more than 130 … a co-author of the study and professor at Chinese Academy of Sciences, told CNN Business. Bitcoin mining hardware has evolved as the …
China reports 14 new COVID-19 cases in mainland vs 21 a day earlier
Mainland China reported 14 new COVID-19 cases on April 9, down from 21 a day earlier, the country’s national health authority said on Saturday. The National Health Commission said in a statement that …
