Ant and Beijing have begun a delicate, dangerous dance. Having forced the financial technology giant to suspend its initial public offering last month, officials have laid out demands that will curb … ( read original…
Tagged By beijing
Beijing in emergency mode after five new coronavirus cases found in Chinese capital
China’s southern technology hub of Shenzhen reported one asymptomatic case on Sunday, a patient who made two business trips to Beijing this month. ( read original story …)
China’s ambassador to the UK Liu Xiaoming set to resign after combative tenure
One of China’s original “wolf warrior” diplomats is set to resign, ending a combative tenure dominated by controversies over Beijing’s policies in Hong Kong and Xinjiang. ( read original story …)
How China’s swift recovery boosted it to fashion capital status
The past five years have seen countless luxury brands scrambling over each other to get into the lucrative fashion market of China, partnering with Chinese companies like Tmall. But recently … ( read original story…
Markets shock in 2020 gives way to IPO boom
Proceeds in Asia, at $73.4bn, would have been far higher if payment company Ant Group had not halted its blockbuster $37bn IPO after it ran afoul of Chinese regulators. Ant’s absence handed … ( read…
“No corona, no corona”: Minister Ramdas Athawale’s new slogan for new virus strain
The video was reportedly shot at the Gateway of India here on February 20 during a prayer session to stop the spread of coronavirus in China. ( read original story …)
Alibaba shares fall after Beijing turns up heat on Ant
Shares in Alibaba, the ecommerce group founded by Jack Ma, fell sharply after Beijing publicly accused its payments arm of regulatory failings in its latest salvo against one of China’s richest men. ( read original…
Behind China’s fastest-growing big city: Aviation, tourism and a potential housing bubble
Xi’an, home to the Terracotta Warriors, posted the fastest growth in the first three quarters of this year among China’s largest cities. ( read original story …)
Zhang Zhan: China jails citizen journalist for Wuhan reports
A Chinese citizen journalist who covered Wuhan’s coronavirus outbreak has been jailed for four years. Zhang Zhan was found guilty of “picking quarrels and provoking trouble”, a frequent charge against … ( read original story…
Australia’s relationship with China can survive – but it won’t be the same again
There can be no return to the relations of the past. The question for 2021 is how to find a new settling point … ( read original story …)
Ant and Beijing begin delicate, dangerous dance
The People’s Bank of China has called for the Ant Group to rectify financial regulatory violations, according to a statement released on Dec. 27. PBOC Vice Governor Pan Gongsheng said that Ant … ( read…
China highly criticizes Ant Group, tells company to switch back to its mainstay payments business
Chinese financial regulators moved to rein in Ant Group Co., the financial-technology giant controlled by billionaire Jack Ma, telling it to switch its focus back to its mainstay payments business and … ( read original…
with its social network factory, PAO offers a space of play in shenzhen
people’s architecture office (PAO) introduces the social network factory in shenzhen as a more intimate, inward-looking environment, a contrast to the massive scale of the neighboring sea world … ( read original story …)
