A week before Ant was set to go public, Ma made incendiary comments that didn’t go down well with the president or government officials. ( read original story …)
Tagged By beijing
What’s behind China’s Big Tech crackdown and what does it mean?
Several governments are trying to defang the growing financial and economic might of tech giants, but few have the political leeway that China has. China’s government published draft antitrust rules … ( read original story…
China congratulates Biden, but few U.S. policy changes seen
China on Friday became one of the last major countries to congratulate U.S. President-elect Joe Biden, who is expected to make few changes to U.S. policy in conflicts with Beijing over trade, … ( read…
China approves Shanghai Fosun’s unit to run human testing for BioNTech’s COVID-19 vaccine
Shanghai Fosun Pharmaceutical Group said on Friday that its unit has received clinical trial approval from China’s National Medical Products Administration for a COVID-19 vaccine candidate developed … ( read original story …)
U.S. Doesn’t ‘Have the Guts’ to Face Down China, State Media Says As Beijing Congratulates Biden
Beijing is waiting to see what line Biden’s administration will take on the U.S.-China confrontation and Hong Kong. ( read original story …)
India, China Close in on Plan to End Months of Military Standoff
Seeking to end a dangerous military standoff in the western Himalayas, India and China are formulating a plan that involves creating no-patrol zones, pulling back tanks and artillery, and using drones … ( read original…
$300M in Bitcoin Flow to Binance From Huobi as China Gets Tougher on Exchanges
As the Chinese government cracks down on several crypto exchanges catering to traders based in China, many of those customers – and their bitcoin – have been making their way to Binance over the past…
Beijing Attacks America’s New Investment Blacklist
Beijing condemned a move by President Trump to block American investments in some key Chinese companies, following a steep selloff in shares of several of the targets. ( read original story …)
Breakingviews – Trump fires messy parting shot at Beijing
Donald Trump is firing a parting shot at Beijing. To stop more money from flowing into the People’s Republic, the lame-duck U.S. president signed an executive order to block U.S. investment in Chinese … (…
Dissecting China’s Crackdown on Its Internet Giants
China’s biggest internet companies got that way with at least tacit support from the government. Now two events have raised doubts about where those internet giants stand: the last-minute suspension … ( read original story…
China’s president ‘personally blocked’ Jack Ma’s Ant Group IPO
In August, the Chinese fintech giant unveiled plans for a dual-listing stock market debut in Hong Kong and on the Shanghai Stock Exchange’s Star Market. ( read original story …)
Ant’s record-breaking $37 billion IPO was personally halted by China’s Xi Jinping after boss Jack Ma snubbed government leaders, report says
A week before Ant was set to go public, Ma made incendiary comments that didn’t go down well with the president or government officials. ( read original story …)
China’s Internet Clampdown Hits Alibaba But Spares Tencent
Chinese e-commerce giant Alibaba appears to be bearing the brunt of the impact from the country’s toughening regulatory environment. ( read original story …)
