Chinese interference in Hong Kong’s political and legal affairs is creating uncertainty about the future of the territory as an independent business centre. ( read original story …)
Tagged By business
China’s new five-year blueprint shows central planning is alive and well
In the 12th edition of the Global Impact newsletter, we explain China’s new five-year plan and its implications for Asia and the world. ( read original story …)
China’s Xi Jinping is pushing for a global Covid QR code. He may struggle to convince the world
Chinese President Xi Jinping has pushed for a global Covid-19 tracking system using QR codes, to help fast-track international travel and business during the coronavirus pandemic. ( read original story …)
China Construction Bank pulls US$3 billion blockchain debt programme amid scrutiny on fintech, financial risks
China’s second-largest lender halted a US$3 billion digital bond programme on the verge of a financial breakthrough, getting cold feet amid scrutiny on fintech and financial risks. ( read original story …)
China to Hold Second Lottery Trial of the Digital Yuan
A city in China will hold the second lottery of the country’s central bank digital currency (CBDC) next month. On Dec. 12, a shopping festival known as “Double 12” in China, the city of Suzhou…
Why China’s Debt Defaults Are More Alarming This Time
Chinese companies are facing a reality check after years of ramping up debt. A crackdown on unregulated lending — so-called shadow banking — and tighter rules on asset management made it harder for … (…
New Regional Trade Deals to Help China ‘Sustain Its Advantages’ in Global Supply Chains
China could remain a key player in global supply chains, thanks to a combination of factors ranging from the coronavirus pandemic to new trade agreements. ( read original story …)
Alibaba CEO Calls China’s New Fintech Regulations ‘Timely And Necessary’ After Ant IPO Ax
Financial stability and not allowing “entrepreneurs out of their lane” are thought to have been factors behind Beijing’s move to suspend the IPO. Ma had criticized China’s bankers and regulators, … ( read original story…
Exclusive: In latest China jab, U.S. drafts list of 89 firms with military ties
The Trump administration is close to declaring that 89 Chinese aerospace and other companies have military ties, restricting them from buying a range of U.S. goods and technology, according to a draft … ( read…
Malaysian crypto exchange says $3 billion blockchain bond is withdrawn
A $3 billion bond arranged by a China Construction Bank Corp (CCB) unit using blockchain technology, for listing on a Malaysian cryptocurrency-focused exchange, has been withdrawn at the issuer’s … ( read original story …)
China Evergrande says property services unit seeks to raise up to $2 billion in IPO
Market concern has mounted in recent weeks that Evergrande whose borrowings totaled$123.93 billion at the end of June – was headed for a cash crunch. ( read original story …)
China Is Set to Remain a Key Player in Global Supply Chains as the World’s Largest Trade Deal Is Inked
China will likely continue dominating global supply chains, thanks to a combination of factors ranging from the coronavirus pandemic to new trade agreements. ( read original story …)
OneConnect Launches “Linked Port” in China’s Greater Bay Area
PRNewswire/ — OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), an associate of the Ping An Group, and China … ( read original story …)
ADVERTISEMENT
