Anti-trust watchdog fines Alibaba and unit of Tencent over acquisitions after regulators warned tech firms of scrutiny. ( read original story …)
Tagged By blockchain
‘We Are Not Like Libra’: China’s CBDC Won’t Aim to Replace International Fiats
China’s national digital currency, formally known as the Digital Currency Electronic Payment (DCEP) will not seek to replace globally accepted fiat currencies like the dollar and the euro, said … ( read original story …)
‘China’s Apple’ Overtook Apple As World’s Third Biggest Smartphone Maker. Can It Profit?
Chinese tech company Xiaomi , often known as ‘China’s Apple’ overtook Apple (NASDAQ:AAPL) as the world’s third biggest smartphone vendor by shipments during the quarter en … ( read original story …)
China’s Alibaba, Tencent unit fined under anti-monopoly law
China’s market regulator has fined Alibaba Group and a Tencent Holdings-backed company for failing to seek approval before proceeding with some acquisitions … ( read original story …)
China Fines Alibaba, Tencent Unit Under Anti-Monopoly Laws
China’s antitrust watchdog fined Alibaba Group Holding Ltd. and a Tencent Holdings Ltd. unit over a pair of years-old acquisitions and said it’s reviewing an impending Tencent-led merger, signaling … ( read original story …)
China’s Digital Yuan Completed 20K+ Transactions in Successful Weekend Trial
Residents of China sent 20,000 transactions through e-commerce platform JD.com within the first 24 hours of a trial of the country’s digital yuan in the city of Suzhou, according to the Global Times. ( read…
Global Crypto ATM Market 2020 Report – Trends in Technological Strategies, Business Advancements and Top-Vendor Landscape to 2025
Global Crypto ATM Market 2020 by Manufacturers, Type and Application, Forecast to 2025 describes an in-depth evaluation and the essential aspects of the market presenting information regarding the … ( read original story …)
China Fines Alibaba, Tencent for Flouting Rules in Past Deals
Chinese regulators fined Alibaba Group Holding Ltd. and a Tencent Holdings Ltd. unit 500,000 yuan ($76,500) each over failing to declare past acquisitions under the country’s anti-monopoly laws. ( read original story …)
Best’s Market Segment Report: AM Best Maintains Negative Outlook on China’s Non-Life Insurance Industry
AM Best is maintaining its negative market segment outlook on China’s non-life insurance segment, citing underwriting profitability that is under pressure amid market reform. A new Best’s Market … ( read original story …)
China approves three sci-tech innovation IPOs
China’s securities regulator has approved the initial public offering (IPO) of three companies on the science and technology innovation board. ( read original story …)
Steps that will help India stay in the crypto race
Against this backdrop, it is surprising and disappointing to see the government of India drag its feet on clarifying laws around cryptocurrencies. For the thriving crypto community in India, progress … ( read original story…
Trump’s ban spoils year-end party as stock index rejigs put China Mobile, CNOOC in line of fire
China’s stock market is seeing the best winning momentum since mid-2015. Instead, the year-end party is clouded by Trump’s investing ban on blacklisted companies with ties to the Communist Chinese … ( read original story…
China Ramps Up Control “No Choice But to Follow the Party”
China is taking over the private sector to maintain its growth targets. “No Choice But to Follow the Party” The Wall Street Journal reports China’s Xi Ramps Up Control of Privat … ( read original…
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