Alibaba affiliate Ant Group will close its mutual aid platform on January 28 in response to regulatory scrutiny from Chinese authorities, who are trying to ring-fence tech-enabled services from the …
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Alibaba executive vice-chairman says he likes crypto amid ban in China
Joe Tsai said he likes crypto after Kevin Durant inked a partnership with Coinbase. While Tsai has declared his love for crypto, Alibaba halted all crypto-related operations. Joe Tsai, the executive …
Chinese Professor Lands $3.4 Billion Fortune With SenseTime IPO
Just weeks after the U.S. placed a unit of SenseTime Group Inc. on a blacklist for alleged human rights violations, the firm is about to make founder Tang Xiao’ou one of the world’s richest …
Walmart, Intel face backlash in China for avoiding imports from Xinjiang under new U.S. law
America’s largest companies are already facing a backlash from the passage of a new U.S. law that severely restricts imports from the Xinjiang region …
Days after go-ahead for VIE structures, Beijing releases ‘negative list’ to tighten grip on overseas IPOs by strategically sensitive firms
Firms in industries on the list will have to obtain a waiver from regulators before proceeding with IPOs overseas The negative list ‘will play a bigger role than the CSRC’s registration system’ in …
Easier market access a recipe for China’s sound business environment
Earlier this month, China’s top economic planner published a list of 18 typical cases of local governments and authorities setting up illegal market barriers that curb fair competition. The list is …
CLA: Major China-trade bottlenecks sidestepped
Cambodia has largely avoided the recent turmoil in global trade linked to Beijing’s strict zero-Covid policy, which has left a fair share of China-bound merchandise from the Kingdom’s neighbours stuck …
4 Promising China Stocks to Buy for 2022
The central bank also reduced the reserve requirement ratio for most banks to increase business and individual loans. While these initiatives are expected to boost economic growth in 2022, China will …
Didi Shares Slide to Another Record Low as Post-IPO Lockup Ends
The Chinese ride-hailing company’s shares are now 62% below their IPO price.
Elon Musk’s SpaceX satellites catch heat in China over close calls with Chinese space station
Elon Musk’s rocky year in China is ending on another sour note.The tech billionaire’s SpaceX satellites are catching heat in the country after Beijing complained that two satellites launched by the …
Direct EB-5 Investment Opportunities In The Mainland China Market
While it may seem that the Chinese EB-5 market is open for business through direct EB-5 investment, the uncertainty surrounding the reauthorization of the regional center program has several …
Major Russian Wheat Trader Solaris Targets China’s Market
A major trader of Russian wheat, Swiss-based Solaris is confident China will become a big buyer and seeks to boost exports to Egypt, Pakistan, Sudan, Tanzania and Turkey. “China is a key target also …
China to boost support for consumption as coronavirus outbreaks ‘dampen’ spending
China’s exports have been boosted by increasing demand from economies whose production was restrained by the coronavirus. Total imports and exports in the first eleven months of this year grew 22 per …
