China is considering a merger of its banking and insurance regulators, Bloomberg News reported on Friday, citing people familiar with the matter. Government agencies under the direction of a Communist Party central reform group led…
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Sogou doubles down on AI with launch of real-time translation and transcription devices
At the start of the Sogou Partner Conference in Beijing, the audience heard a recording that sounded like American President Donald Trump congratulating Sogou on the recent IPO and how this was a step forward…
China’s bitcoin crackdown has simply driven trade underground
Bobby Lee, the founder and CEO of China’s oldest bitcoin exchange BTCC, told Business Insider: “It’s gone underground. “The point is the demand is there. It’s not like you ban alcohol and you can’t get…
China unveils vision for ‘Polar Silk Road’ across Arctic
BEIJING (Reuters) – China on Friday outlined its ambitions to extend President Xi Jinping’s signature Belt and Road Initiative to the Arctic by developing shipping lanes opened up by global warming. Releasing its first official…
Exclusive: China’s state-owned firms to face more mergers, bankruptcies
Xiao said that during his meetings with CEOs in Davos, business leaders had expressed strong interest in China, in working with its SOEs and in the future of SOE reforms. “I can’t tell you what…
China continues to open up for foreign investments
China will become more accessible to foreign investors as it … Granting more market access is expected to bring great business opportunities for foreign firms eyeing the evolving Chinese economy Under the new economic concept…
China promises opening up, opportunity, development at Davos
Opening up. Opportunity. Development. These were the three signals sent out Wednesday by China’s top representative at the World Economic Forum (WEF) annual meeting in Davos, Switzerland, to the political and business leaders attending the…
US blacklists NKorea business interests in China, Russia
WASHINGTON (AP) — The Trump administration has imposed a slew of sanctions on North Korean financial and business networks in China and Russia in the latest effort to cut off revenues for its nuclear and…
Trade conflicts with U.S. reveal a complicated reality for China
The new duties, and the threat that levies on China’s exports of steel and aluminum could be next, have given rise to warnings of looming revenge from Beijing, through new measures against U.S. auto makers,…
China’s regulator snubs psychiatric hospital’s IPO bid despite huge investor interest
China’s securities regulator threw a wet blanket over investors’ mounting fervour to profit from the booming mental-health-care service sector after it rejected a listing application by the country’s largest privately-owned psychiatric hospital group. ( read…
China Express Airlines wins IPO approval for fleet expansion
China Express Airlines has secured approval for an initial public offering (IPO) to expand its fleet, becoming the first regional carrier in China to launch an IPO. The Guiyang-based carrier plans to collect CNY1.4 billion…
China’s cryptocurrency crackdown cost bitcoin company BTCC tens of millions in revenue: ‘It was in the realm of our worst possibility’
China banned bitcoin exchanges at the end of 2017 … BTCC founder and CEO Bobby Lee told Business Insider: “We always knew it was a risk that the Chinese government would look unfavourably on bitcoin…
China’s method of business will ultimately beat out the US approach, CEO says
Chinese entrepreneurs are focused on their domestic market, but they will start looking abroad within the next five to 10 years, according to the chairman and CEO of venture capital firm Sinovation Ventures. When that…
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