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Posted on July 8, 2021

China tries to quell investor fears about internet companies

China’s government is trying to quell investor fears about tighter controls on internet companies that caused share prices to plunge, saying Beijing supports their growth …

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Posted on July 8, 2021

Tech giants Alibaba and Tencent fined by China’s anti-monopoly regulators

China’s leaders worry about the dominance of its biggest internet companies, which are expanding into finance, health services and other sensitive areas.

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Posted on July 8, 2021

China’s powerful internet regulator flexes muscles with Didi probe

China’s internet watchdog, which stunned investors with an investigation into Didi Global (DIDI.N) two days after the ride-hailing giant’s New York stock market debut, has come to the forefront of …

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Posted on July 8, 2021

China’s Chang’e 6 mission will collect lunar samples from the far side of the moon by 2024

China launched Chang’e 5 in November last year and 23 days later recovered a return capsule containing samples of what could be the youngest lunar rocks so far collected. That mission’s backup, …

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Posted on July 8, 2021

One of China’s wandering elephants is returned to reserve

A male Asian elephant that had separated from a herd that has been wandering southwest China for more than a a year has been tranquilized and returned to its nature reserve …

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Posted on July 8, 2021

An IPO slowdown would benefit ETF investors, Renaissance’s Kathleen Smith says amid China’s Didi crackdown

“A little bit of fear in the market” will likely help investors in ETFs such as Renaissance Capital’s U.S. IPO ETF, the firm’s chairman says.

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Posted on July 8, 2021

China locks down town on Myanmar border amid fresh COVID-19 outbreak

Chinese authorities have locked down a city bordering Myanmar, shutting most businesses and requiring residents to stay at home as a fresh outbreak of COVID-19 expanded in the area. Two more cases …

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Posted on July 8, 2021

World shares take China knock, oil sags on supply question

Global stocks fell on Thursday, tracking a slump in Asia in response to a widening crackdown on the tech sector in China and concern over the strength of the country’s economic recovery, while oil …

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Posted on July 8, 2021

Cambodia’s farmers hope growing Sino demand will boost exports

China is central to Cambodia’s push to increase agricultural exports and build up the farming sector as a whole.

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Posted on July 8, 2021

China has ‘ample room’ to absorb global minimum tax, but still ‘prickly’ on issues of economic sovereignty

While important details need to be hammered out, China appears to have put aside any major reservations to support a minimum global tax rate of at least 15 per cent.

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