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Tagged By china
Tycoon who denounced China’s leader over coronavirus is sentenced to 18 years in prison
SEOUL — China on Tuesday sentenced an outspoken critic of President Xi Jinping to 18 years in prison on graft charges, signaling Beijing’s determination to crush dissent. Ren Zhiqiang, 69, a former … ( read…
Greater Bay Area cities Guangzhou, Huizhou report increases in property sales and prices, as Shenzhen tightens curbs, pushes out demand
Property sales and prices in the Greater Bay Area cities of Guangzhou and Huizhou rose in August amid a surge in demand from homebuyers in neighbouring Shenzhen, which has reintroduced property curbs, … ( read…
China hands 18-year jail term to Xi critic for graft
China sentenced an influential former property executive who once referred to President Xi Jinping as a “clown” to 18 years in prison for graft, a court said on Tuesday. Ren Zhiqiang, the former … (…
Asset managers set to launch China’s first Star 50 Index ETFs
China’s securities regulator has given the nod to the first four exchange traded funds to track Shanghai Stock Exchange’s Nasdaq-styl. China Asset Management, E F … ( read original story …)
China Sentences Tycoon Who Criticized Xi to 18 Years in Prison
The Communist Party had accused Ren Zhiqiang of being disloyal. His heavy sentence underscores Xi Jinping’s crackdown on dissent among the elite. ( read original story …)
China’s electric carmaker WM Motor pulls in $1.47 billion Series D
Chinese electric vehicle startup WM Motor just pocketed an outsize investment to fuel growth in a competitive landscape increasingly coveted by foreign rival Tesla. The five-year-old company raised 10 … ( read original story …)
China startup’s hologram technology cuts infection risk
The key founding members of Easpeed hail from the University Of Science And Technology Of China in Hefei, Anhui Province. Chairman Han has a master’s degree in engineering, while CEO Fan Chao has … (…
TikTok deal aims to thread needle on US, China demands
But the Chinese state-controlled newspaper Global Times suggested Beijing should veto what it called “robbery” of Chinese technology. “China will not accept this kind of bullying arrangement of the US … ( read original story…
Nonghyup Bank files for approval of Beijing branch
Major South Korean lender Nonghyup Bank has applied for China’s approval to open a branch in Beijing as part of its Asian push, industry sources said Tuesday. Nonghyup Bank, which lodged the … ( read…
China Fines Luckin Coffee, Associated Firms Combined $9 Million
China’s finance ministry said earlier this year that Luckin booked 2.25 billion of sales through fake coupons from April 2019 to end of 2019. The ministry’s investigation also found that Luckin … ( read original…
Ant said to lift IPO funding target to US$35bil
BEIJING: Jack Ma’s Ant Group is seeking to raise at least … putting the Chinese fintech giant on track for a record debut sale. Ant lifted its IPO target based on an increased valuation of…
Coronavirus dampens seasonal cheer in China’s Christmas production hub
At the Yiwu Fuye Christmas factory in eastern China, workers are stitching and testing out Santa Claus toys, checking they play a Christmas tune at the press of a button. “There is no way to…
