Beijing has tended to wait and watch how Ant has developed this market or that, weigh its impact on other banks, then implement restraints. Ant has proven itself nimble, but there was no compelling ……
Tagged By beijing
Shenzhen’s unaffordable home prices could hurt Beijing’s plan to turn the Greater Bay Area tech hub into model city
Beijing’s blueprint to develop Shenzhen and showcase it a centrepiece of its economic reform and attract talent could hit a major stumbling block in the form of unaffordable housing prices, say … ( read original…
Boy band BTS under fire in China after thanking Korean vets for their service
Chinese internet users and state media took the comments as a slap at China, whose soldiers fought alongside North Korean forces during the 1950-53 war. ( read original story …)
Shenzhen’s tech hub status turbocharged by Beijing’s plan to introduce digital yuan, big data protections
Pilot testing of the digital yuan, establishing a data trading platform and introducing simpler residency rules for foreign talent are some of the “gifts” the central government has given tech hub … ( read original…
China showers policy incentives on Shenzhen as Xi Jinping pushes to create model city
Beijing is giving Shenzhen a “gift package” for the city’s 40th birthday – granting it autonomy to make decisions on a wide range of local policies, from land use to hiring global talent, in a…
China and Russia win seats on UN rights council, Saudis lose
China, Russia and Cuba have won seats on the U.N.’s premiere human rights body despite opposition from rights groups over their abysmal human rights records, but Saudi Arabia lost … ( read original story …)
China is snapping up Japanese government bonds, and it’s not just for the returns
China recently bought up Japanese government bonds to the tune of 3.6 times more than the same period last year. ( read original story …)
China Evergrande raises $555 million in slimmed-down share sale
China Evergrande Group, the country’s most indebted property developer, on Wednesday said it has raised $555 million in a slimmed-down share sale after initially targeting up to double that amount. ( read original story …)
China Got Better. We Got Sicker. Thanks, Trump.
China has lost 0.34 per 100,000, or about 4,750 people. Maybe China’s fibbing. OK — so quadruple its numbers — China still has been vastly better at protecting its people than the United States. ( read…
Young South Koreans turn on China as Hong Kong, coronavirus weigh on minds
Lim Yoo-won, a web designer living near Seoul, doesn’t have much good to say about China these days. To begin with, the 37-year-old resents that Beijing has not carried out a transparent investigation … (…
Mainland China reports 20 new COVID-19 cases vs 13 a day earlier
Mainland China reported 20 new COVID-19 cases on Oct. 13, up from 13 cases a day earlier, the country’s health authority said on Wednesday. ( read original story …)
China’s Xi set to give speech on future of Shenzhen, Hong Kong
SEOUL — Chinese leader Xi Jinping in a speech Wednesday is expected to outline new policies for high-tech hub Shenzhen and potentially lay a path for binding Hong Kong closer to mainland China. The ……
Xi Expected to Lay Out Vision for Greater Bay in Shenzhen
There’s no turning back.That’s the message Chinese President Xi Jinping was expected to send Wednesday in a speech marking the 40th anniversary of Shenzhen’s establishment as a special economic … ( read original story …)
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