As the Chinese government cracks down on several crypto exchanges catering to traders based in China, many of those customers – and their bitcoin – have been making their way to Binance over the past…
Tagged By business
China’s president ‘personally blocked’ Jack Ma’s Ant Group IPO
In August, the Chinese fintech giant unveiled plans for a dual-listing stock market debut in Hong Kong and on the Shanghai Stock Exchange’s Star Market. ( read original story …)
Ant’s record-breaking $37 billion IPO was personally halted by China’s Xi Jinping after boss Jack Ma snubbed government leaders, report says
A week before Ant was set to go public, Ma made incendiary comments that didn’t go down well with the president or government officials. ( read original story …)
China’s Internet Clampdown Hits Alibaba But Spares Tencent
Chinese e-commerce giant Alibaba appears to be bearing the brunt of the impact from the country’s toughening regulatory environment. ( read original story …)
China congratulates Biden, but few US policy changes seen
China on Friday became one of the last major countries to congratulate U.S. President-elect Joe Biden, who is expected to make few changes to U.S. policy in conflicts with … ( read original story …)
Korean girl group’s panda stunt prompts anger in China
A publicity stunt involving South Korean girl group Blackpink and a cuddly baby panda has prompted outraged comments and calls for an apology from some in China. ( read original story …)
Supermarket in China apologizes for chart that labels women who wear larger sizes ‘rotten’ and ‘terrible’
A supermarket chain in China has apologized for apparently featuring a chart in one of its stores that used disparaging language to refer to women who wear larger-sized clothes as “rotten” and … ( read…
China Congratulates Biden, Harris on U.S. Election Win
China has offered congratulations to Joe Biden and Kamala Harris on winning the U.S. presidential race after being one of a few nations that had not commented as President Donald Trump contests the … (…
China’s auto brands fail to shine in race with foreign rivals
China’s domestic automakers have a loyalty problem. While the country’s monthly auto sales have recovered to pre-pandemic levels and recorded double-digit year-on-year growth in October, Chinese … ( read original story …)
China’s Xi decided to halt Ant’s IPO – WSJ
The Wall Street Journal reports that China’s President Xi Jinping personally intervened to stop Ant Group’s initial public offering. The Journal’s Thursday story cites Chinese officials with knowledge … ( read original story …)
Analysis: Grain grab – China’s global hunt for feed grains roils world market
Chinese feed producers, pig farmers and traders are reshaping the global grain market as they scour the world for supplies amid a domestic shortfall that sent local corn prices to record highs and is ……
Why China’s Top Smartphone Maker Huawei Would Sell Its Budget Honor Brand
Huawei hopes a sale would protect Honor from U.S. restrictions in the short term, while giving the company a welcome burst of cash, experts say. ( read original story …)
Business blueprint for healing ‘bungled’ China relationship
Alarmed by trade sanctions and China turning its back on a multibillion-dollar investment opportunity in LNG, Australian business leaders want the Morrison government to find a way to stop the … ( read original story…
