The issue of carbon neutrality has become a hot topic during the 2021 World Artificial Intelligence Conference (WAIC), with global companies believing it will usher signal the beginnings of a huge …
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Why China Is Crippling Its Tech Sector
Scuttled listings and share prices hammered by official threats: Beijing has launched a withering and very public assault on some of China’s biggest tech names. The travails of ride-hailing giant Didi …
China opposes U.S. move to add Chinese entities to export control list
China is firmly opposed to the United States adding 23 Chinese entities to its “entity list” of export controls, a spokesperson for the Ministry of Commerce (MOC) said Sunday. The move, in disregard …
Blockchain greases trade wheels between 7 Asian-Pacific economies
Whether it’s relying too much on one country for crucial medical supplies, a sudden closure of borders and shipping routes or an impromptu trade war, businesses must being able to adapt quickly. That …
China frees up $154 billion for banks to underpin economic recovery
“at-above-post addthis_tool” data-url=” Stella Qiu and Kevin Yao BEIJING (Reuters) -China will cut the amount of cash that banks must hold as reserves, releasing around 1 trillion yuan ($154.19 …
Here’s why Vitasoy needs to overcome the ‘Get out of mainland China’ boycott after stock market beating
Vitasoy shares plunged 10 per cent last week in the aftermath of a leaked internal memo and a backlash by consumers in mainland China. Can the firm behind the city’s venerable brand tame the crisis?
China’s dominance in global coal loans is overstated, study finds
Private finance from Japan, the US and Britain is responsible for funding 87 per cent of new coal-fired power plants.
Chinese officials shut down high-profile blockchain center
The China Blockchain Application Center has been shut down by the Beijing Municipal Civil Affairs Bureau for allegedly disrupting “the management order of social organizations.” According to an …
China removes 25 more Didi-linked apps from stores, tightening noose around nation’s biggest ride-hailing service
Newly blacklisted apps include the popular Didi Shunfeng, which is used by ride-pooling passengers, and several tailored for Didi drivers.
China Tightens Rules on Foreign IPOs in New Blow to Tech Firms
China proposed new rules that would require nearly all companies seeking to list in foreign countries to undergo a cybersecurity review, a move that would significantly tighten oversight over its …
China Adds Foreign IPO Rules for Firms With Large User Data
China said its companies which hold the data of more than 1 million users must now apply for cybersecurity approval when seeking overseas listings, as regulators tighten oversight of the country’s …
Here are 10 companies that have filed for IPO in the US – will their listing plans be scuppered by China’s crackdown?
Beijing said this week it would undertake a sweeping overhaul of its regulations on how companies raise capital both domestically and overseas.
Home sales in China are slowing down due to longer mortgage approval times as Beijing seeks to calm growth
Beike Research Institute says the average wait time for mortgage approval in 72 major cities in June was a third longer than a year ago …
