Beijing has in recent months reined in tech giants with anti-monopoly or data security rules as the state increases its control of the economy and society.
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UPDATE 1-China’s July soybean imports from Brazil drop on poor crush margins
China’s soybean imports from top supplier Brazil fell in July from the previous year, customs data showed on Friday, as poor crush margins weighed on demand.
China’s sweeping Personal Information Protection Law to come into effect on November 1
China’s legislature has passed a tough new law that restricts how companies collect, use and manage personal data, effectively ending the domestic internet industry’s Wild West era.
What Happens When China’s Bling Binge Comes to an End?
The delta variant and government interest in “common prosperity” may soon threaten consumption in China. That’ll hit the luxury industry hard.
Chinese AI Unicorn Eyes IPO, Southeast Asia Expansion After $200 Million Funding Round
After a recent funding round from top Chinese venture capital firms, Shenzhen-based AI startup SmartMore has big plans to go public and expand across Southeast Asia, starting with Singapore.
China Telecom debuts in Shanghai as world’s largest IPO of 2021
Shares of Chinas second largest mobile operator China Telecom surged as much as 44 over the offer price of 453 yuan as the company made its stock mar …
China NPC: Three-child policy formally passed into law
China has formally revised its laws to allow couples to have up to three children, to boost the birth rate. The regulation was one of several passed on Friday at a meeting of the countrys…
China Telecom Surges in 2021’s Biggest Listing, Passing Kuaishou
China Telecom Corp., the country’s second largest mobile operator, surged 35% over its offer price of 4.53 yuan in its market debut in Shanghai, cementing its status as the world’s biggest listing so …
China’s oil imports plummet 20% for 2nd straight month in July
China’s oil imports are plunging as Beijing cuts supplies to dirty local oil refineries. Oil shipments to the world’s largest crude importer fell 20% in both June and July, year-on year, mainly …
CISA advocates Chinese mills to adjust export strategies
China Iron and Steel Association has asked its member steel mills to be more disciplined when engaging in steel export business, pressing them to control their export volumes and adjust their export …
China Unicom Considers IoV Unit Spin-Off for Mainland Secondary Listing
China Unicom Hong Kong is considering spinning off its Internet of Vehicles unit to file for an initial public offering on the Chinese mainland’s A-share market. The potential spin-off is under …
China Telecom jumps in Shanghai debut amid weak market
China Telecom Corp, blacklisted by the U.S. government, surged on its first day of trade on Friday, defying a bearish market and following its $7.3 billion fundraising via public offering, the world’s …
Argo Blockchain Looks to Become More Energy Sustainable
Argo Blockchain is the first crypto firm of its kind to release a plan regarding how it can become more energy efficient in the future.
