Financial regulators order Jack Ma’s Ant Group to switch its focus back to its mainstay payments business and rectify problems in faster-growing areas such as personal lending, insurance and wealth … ( read original story…
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China’s financial regulators order Ant Group to alter business plan
China’s financial regulators on Sunday instructed Ant Group, the world’s largest financial technology company, to quickly present a concrete plan to meet regulatory demands and rectify what they … ( read original story …)
China Orders Ant Group to Revamp Its Business
By Raymond Zhong Chinese regulators on Sunday ordered the financial-technology giant Ant Group to fix what they … Google and other tech giants have done elsewhere. China’s market regulator recently … ( read original story…
Big blow to investments in China: Jack Ma episode has made global investors jittery
New Delhi: The ugly face-off between Chinese President Xi Jinping and billionaire entrepreneur Jack Ma is set to deal a big blow to investments in the country. At a time when several foreign companies ……
Jack Ma’s Ugly Face-Off With Prez Xi Making Global Investors Jittery About China
The ugly face-off between Chinese President Xi Jinping and billionaire entrepreneur Jack Ma is set to deal a big blow to investments in the country. ( read original story …)
US Regulator Sues Crypto Hedge Fund Founder — $25 Million in Digital Assets to Be Frozen
The U.S. Securities and Exchange Commission has filed a lawsuit against a cryptocurrency hedge fund founder for fraud. The regulator is seeking an emergency order freezing $25 million in digital … ( read original story…
Ossoff’s China ties compound Democratic Party’s Hunter Biden, Swalwell woes
Democratic Senate candidate Jon Ossoff is fighting Republican attacks over his business ties to China as the Georgia runoff nears, but the Hunter Biden and Eric Swalwell scandals involving Beijing … ( read original story…
Hunter Biden’s business dealings spark fear Joe Biden won’t take ‘tough policy toward China’
The COVID-19 pandemic has accelerated a “cold war” between communist China and the United States, with Beijing scrambling at levels previously unseen to try to undermine America’s status as the … ( read original story…
China expected to surpass US economy in 2028: analysis
The Chinese economy is expected to surpass that of the U.S. in 2028 — five years earlier than previously forecast — following fallout over the coronavirus pandemic, according to an analysis released … ( read…
China research finds flaws in US nuclear blast equation to protect shelters
A nuclear blast equation used by the US military for decades to guide the construction of bombproof shelters is not always accurate, according to a new study by Chinese researchers. The equation … ( read…
News for China Unicom
Stock quotes by finanzen.net China Mobile Limited — Moody’s affirms China Mobile’s A1 rating; outlook stable Find News GO IN-DEPTH … ( read original story …)
Hong Kong crypto group warns new law will restrict people’s access to Bitcoin
Hong Kong’s crypto focus group warns regulators to not exclude retail Bitcoin investors from the cryptocurrency market. ( read original story …)
Qimai Data Presents 98 China Brands on the Screen at the New York Times Square
Witness the Rise of Commercial Innovations at the Crossroad of the World Internet innovations in China surge in 2020. Together with DouV, Qimai Data analyzes the Internet businesses, products and … ( read original story…