Former head of China Huarong Asset Management given no option for reprieve … ( read original story …)
Tagged By beijing
COVID-19 fight in China’s Hebei enters ‘wartime mode’
The fight to contain the coronavirus in northern China’s Hebei has entered “wartime mode”, official media reported on Tuesday, after the province surrounding capital Beijing saw its first locally … ( read original story …)
Former Canaan Directors to Guide Chinese Gaming Firm’s Pivot to Crypto Mining
U.S.-listed Chinese gaming company The9 (NASDAQ: NCTY) has announced plans to enter the cryptocurrency mining space. In an SEC filing, The9 said it had signed a legally binding “cooperation and … ( read original story…
PPG names new vice president of Greater China business sector
Pittsburgh-based PPG Industries Inc. named Tony Wu vice president of its Greater China industrial coatings and global electronic materials sector, according to a news release. Wu previously served as … ( read original story …)
Communist China Is Preparing To Eat Joe Biden’s Lunch | Opinion
The sum total of a Biden China policy at this point seems to be multilateralism. Toward what end, we have not the faintest idea. ( read original story …)
Beijing may balk at ‘vaccine diplomacy’ term but beating Covid-19 is key to China’s outreach plan
State media rejects that China’s future vaccine aid is conditional while Beijing admits it is in a propaganda battle to reshape the pandemic narrative. ( read original story …)
China’s CNBG has supplied 3 million COVID-19 vaccine doses to UAE
BEIJING (Reuters) – United Arab Emirates (UAE) has received a total of three million COVID-19 vaccine doses from China National Biotec Group (CNBG), the company said on Tuesday. CNBG has moved … ( read original…
China to expand COVID-19 vaccine manufacturing capacity
The Ministry of Industry and Information Technology (MIIT) has moved to facilitate corporate cooperation along industrial chains to accelerate the industrialization of COVID-19 vaccines and expand … ( read original story …)
China’s digital currency trial returns to Shenzhen for Round 2, with twice the participants and double the payout
Shenzhen, China’s technological hub, will start its second trial of the nation’s digital currency this week, giving away virtual gift packets to its citizens as the nation steps up its testing efforts … ( read…
China State Media Gave Hints of Regime’s Displeasure With Jack Ma
As the former Alibaba CEO has not been seen in public for two months, a 2019 op-ed in Communist Party newspaper People’s Daily is trending for capturing China’s current mood toward him. ( read original…
Where is Jack Ma, China’s e-commerce pioneer?
BEIJING (AP) — China’s best-known entrepreneur, e-commerce billionaire Jack Ma, made his fortune by taking big risks. The former English teacher founded Alibaba Group in 1999, when … ( read original story …)
China Court Sentences Ex-banker To Death For $260m Bribes, bigamy
The former chairman of one of China’s largest state-controlled asset management firms was sentenced to death Tuesday for soliciting $260 million in bribes, corruption and bigamy. Lai Xiaomin, a former … ( read original story…
China Evergrande targets 3.7% sales growth in 2021, cut debt by 20%
China’s most indebted property developer Evergrande Group said on Tuesday it targets 750 billion yuan ($116.04 billion) of sales in 2021, around the same level as last year, and vowed to cut its … (…