The watchdog’s ongoing crackdown comes amid efforts by authorities to bring the country’s tech sector to heel after more than a decade of unchecked growth.
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Analysis-China crackdown could knock crude oil import growth to 20-year low
Beijing’s crackdown on the misuse of import quotas combined with the impact of high crude prices could see China’s growth in oil imports sink to the lowest in two decades in 2021, despite an expected…
Beijing City Blockchain Touts IPFS Interoperability
ChainMaker wrote a blog post detailing how the blockchain will be able connect to IPFS on its WeChat account today. IPFS is a decentralized peer-to-peer network for storing data. ChainMaker is …
China Telecom cleared for $8.4bn Shanghai share sale
China Telecom, one of China’s state-run telecoms groups, has been cleared to raise $8.4bn in Shanghai after being forced off the New York Stock Exchange, in what would be the co …
China Telecom approved to list in Shanghai
China Telecom approved to list in Shanghai. The listing comes as US-China rivalry spreads to the equity sector.
Penghui Energy: won 11.46% of the winning bid for China Mobile Lithium Iron Phosphate Battery purchase order.
Penghui Energy: winning 11.46% of the bid for China Mobile Lithium Iron Phosphate Battery] on July 23, according to the official account of Penghui Energy, not long ago, China Mobile announced on its …
China Telecom receives green light for Shanghai listing
The China Securities Regulatory Commission (CSRC) approved a listing by China Telecom on the main board of the Shanghai Stock Exchange.
China considering asking tutoring firms to turn non-profit – Bloomberg News
China is considering asking tutoring firms to turn non-profit as part of a sweeping crackdown on the $120 billion industry, Bloomberg reported on Thursday, citing anonymous people familiar with the …
Chinese Startup Meicai Weighs Hong Kong IPO After Crackdown
Meicai, a Chinese startup that connects restaurants with vegetable producers, is considering shifting its initial public offering to Hong Kong from the U.S. after Beijing’s recent crackdown on …
China’s central bank requires non-bank payment firms to report overseas IPOs
China’s central bank issued rules on Friday about non-bank payment firms’ reporting of major events, including a requirement to report plans for overseas initial public offerings. Non-bank payment …
U.S.-China trade booms as if virus, tariffs never happened
Bilateral trade in goods is an area of stability in a U.S.-China relationship that has otherwise continued to deteriorate, with rising tension over Hong Kong, Taiwan, human rights, the origins of the …
What Brands Need to Know About China’s Patriotic Perfume Boom
Young Chinese aren’t just looking for novelty perfumes; they also crave scents and imagery that evoke a sense of their Chinese identities.
Protein pinch: China’s soybean imports to slow over rest of 2021 on curbed meal use
China’s soybean imports are set to slow sharply in late 2021 from a record first-half tally, confounding expectations for sustained growth from the top global buyer and denting market sentiment just …
