Years of loose regulatory oversight in China helped billionaire Jack Ma’s Ant Group become the world’s most-valuable financial giant, with businesses spanning payments, banking, wealth management and …
Alibaba beats sales forecasts on China e-commerce growth
Alibaba Group beat third quarterly revenue estimates on Thursday, driven by e-commerce growth after China emerged from coronavirus lockdowns, and said it was assessing the suspension of its affiliate …
U.S. Pork Export Outlook: How to Save Our Own Bacon as China Rebuilds
While China rebuilds its pork production capacity, the U.S. pork sector can take steps to lessen the impact of lower trade flows in the futureDENVER, Nov. 05, 2020 (GLOBE NEWSWIRE) — U.S. pork export …
China’s Plan to Regulate Internet Lending is Behind Suspension of Ant’s Record IPO, Analysts Say
China has suspended the record-breaking $35 billion stock exchange listing of Ant Group, a spinoff corporation of Chinese e-commerce conglomerate Alibaba, because regulators say changes in the …
Apple Must Face Shareholder Lawsuit Over CEO Cook’s China Sales Comments
Apple Inc has been ordered to face a proposed class-action lawsuit by shareholders who accused Chief Executive Tim Cook of concealing falling demand for iPhones in China, resulting in billions of …
Philippines eyes over USD31M export deals from China import expo trade fair
… interactive conference pods for the first time in CIIE to enable virtual business-to-business (B2B) activities and video conferencing. In place of actual Philippine exhibitors manning the booths, …
L’Oreal China CEO Says Business ‘Looking Good’
Fabrice Megarbane, president and chief executive officer for China at French cosmetics giant L’Oreal SA, discusses the state of the business in the world’s second-largest economy. He speaks with Tom …
Hong Kong: People invited to snitch on their neighbours
Hong Kong residents can send images, audio and video fil. Rights groups say they are concerned the service could be used to target those with opposing political views. Hong Kong’s police department …
Xi Doesn’t Need to Invade Taiwan Right Now
Xi Doesn’t Need to Invade Taiwan Righ… As election officials across the United States were tallying votes Tuesday night, a Chinese Y-9 electronic warfare aircraft flew through the southwest quadrant …
After UAE, Bahrain To Start Sinopharm Vaccine Trials For Frontline Workers
Following the steps of UAE, Bahrain has now granted emergency approval for the use of a COVID-19 vaccine. The vaccine candidate to be administered has been made under a collaboration between China’s …