China Jan-Aug soybean imports at 64.74 mln tonnes – customs * China Jan-Aug unwrought copper imports at 4.27 mln tonnes – customs Reporting by Beijing Newsroom and Dominique Patton; Editing by Kim Cog … (…
Tagged By beijing
China Plans Caps on Ant’s Lending Rates to Control Risk
China’s financial regulators plan to cap the interest rates Ant Group can charge borrowers on quick consumer loans, a move that could curb the financial technology giant’s biggest revenue driver as it … ( read…
With Shenzhen poised in the wings, is Hong Kong’s time in the sun over after protests, Covid-19 and US-China row?
Hong Kong’s premier position has weakened in the past year as it was rocked by months-long civil unrest and hit by economic recession amid pandemic. ( read original story …)
Goldman Sachs joins syndicate for Ant IPO of up to $30 bln -sources
Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group’s mammoth initial public offering of up to $30 billion, two people with direct … ( read original…
Asia stocks set to trade lower as U.S.-China tech tensions rise; Chinese August trade data expected
Investors will watch shares of Semiconductor Manufacturing International Corporation (SMIC), China’s largest manufacturer of semiconductors, after a Defense Department spokesperson said the Trump … ( read original story …)
Goldman Sachs among banks working on $41b Ant IPO
HONG KONG • Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology company Ant Group’s mammoth initial public offering (IPO) of up to US$30 billion (S$41 … ( read…
Trump administration looking at banning business with China’s largest chipmaker
The U.S. government is reportedly looking at adding Semiconductor Manufacturing International Corporation, China’s largest chip maker, to its trade blacklist. ( read original story …)
Cryptocurrency: the next battleground in the US-China rivalry
The emerging threat to the global hegemony of the US dollar is e-currencies, and Beijing’s huge head start could put it in control of the world’s financial structure … ( read original story …)
Joe Biden’s China Journey
As a United States senator, he spoke of transforming China through trade. As a presidential candidate two decades later, he denounces it as a “dictatorship.” … ( read original story …)
China imposes new visa restrictions targeting US media
In the latest round of tit-for-tat between Beijing and Washington targeting each other’s media outlets, Chinese authorities have imposed new visa restrictions on foreign journalists working for US … ( read original story …)
China Freezes Credentials for Journalists at U.S. Outlets, Hinting at Expulsions
CNN, The Wall Street Journal and Getty Images are affected. Chinese officials told journalists their fate depends on what the Trump administration does to Chinese media employees. ( read original story …)
China wants to decouple from US tech, too
After weeks of watching US president Donald Trump pressure Chinese tech company ByteDance to sell its social media app TikTok to Microsoft, Beijing struck back, using one of Mr Trump’s own weapons of … (…
Biggest IPO in history? China’s Ant could trump Saudi Aramco’s $29.4bln
Ant’s biggest and most popular business is Alipay, the largest player in China’s 430 trillion yuan ($62 trillion) third-party mobile payments market, according to market researcher Qianzhan. The huge … ( read original story …)