South Korean mobile payment app operator Kakao Pay said Friday it has delayed its plan to go public yet again amid toughened consumer protection regulations in the domestic market. Kakao Pay, a 55:45 …
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China’s Cultural Revolution 2.0: CCP targets entertainment, business, education
The Chinese Communist Partys (CCP) approach towards dealing with society–particularly the business and entertainment industries–is aimed at regulating aspects that it considers detrimental to its …
Life of luxury: Rebounding brands, travel tips and China’s return to form
Equity investors believe luxury names are already on the road to recovery, while the Chinese middle class shows no signs of slowing just yet.
Kakao Pay pushes back IPO to November
SEOUL: South Korean fintech company Kakao Pay Corp said on Friday (Sep 24) it has decided to push back its planned initial public offering (IPO) worth up to 1.5 trillion won (US$1.28 billion) to …
China’s tire exports regain momentum in August
China’s ‘new rubber tire’ exports regained momentum in August following a decline earlier in July. The country exported 53 million tires in August 2021, up 14% on the same month a year ago, according …
Crypto adoption is a ‘huge challenge,’ says Chinese central bank exec
The rapid adoption of Bitcoin and stablecoins poses a major challenge for the traditional financial system, a payment exec at the People’s Bank of China has warned.
Timeline: China Evergrande’s snowballing debt crisis
Debt-ridden property developer Evergrande Group missed a dollar bond interest payment deadline, moving closing to a potential default and fuelling worries that a collapse could send shockwaves through …
An Insider Details the ‘Black Box’ of Money and Power in China
A memoir by a well-connected businessman offers insights into the Communist Party’s thinking as it tightens its grip on the private sector.
U.S. firms in China confident despite COVID-19 and bilateral tensions
Most U.S. companies operating in China are confident about their business prospects in the country despite the COVID-19 pandemic and stagnant China-U.S. relations, according to a survey released by …
GQLab, COACH China and ZKBox, Collaborate to Release Brand’s First NFT Fashion Project in China
ZKBox, a Layer2 NFT protocol based on ZK-Rollup technology, today announced a new collaboration with luxury brand COACH China and GQLab, …
China brand sparks backlash for “welcome to hell” kid’s shirt
A popular Chinese clothing brand has apologised for producing a shirt for children with phrases such as “welcome to hell” and “let me touch you” on it. JNBY has pulled the item – which also…
China steps up Australian wheat imports despite trade standoff
China buys Australian wheat as output falls elsewhere * Buying comes despite trade friction with Canberra * Australian wheat crop seen near record for second year * Chinese buying of 2021/22 …
Aug’21 China CPL & nylon 6 chip imports narrowly recover
According to the Customs, China imports 5.58kt caprolactam in August 2021, down 82% from the same period of last year, but up 97% month-on-month. The … [RISK DISCLAIMER] All opinions, news, analysis …