China’s banking regulator is strengthening oversight of consumer finance firms with a new annual scoring system, continuing to step up scrutiny as the likes of Ant Group Co. are setting
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Cisco Gets Conditional Approval From China for Acacia Deal
China’s State Administration for Market Regulation issued a conditional approval of Cisco Systems Inc.’s purchase of Acacia Communications Inc., removing a regulatory hurdle that had nearly torpedoed the deal. The
Continue reading »China Outbound M&A Seen Driving Rebound in Loans This Year
Offshore loans in the Greater China region are expected to climb this year, driven by an increase in mergers and acquisitions, after falling to their lowest level in five years.
Continue reading »Investing in China Gets More Complicated as Tensions With the U.S. Rise
LISTEN TO ARTICLE SHARE THIS ARTICLE From its historic trading floor to the $126 billion worth of shares exchanged daily to the bell that marks the open and close of
Continue reading »Twitter Locks Out Chinese Embassy in U.S. Over Post on Uighurs
Twitter Inc. has locked the official account for the Chinese Embassy to the U.S. after a post that defended the Beijing government’s policies in the western region of Xinjiang, where
Continue reading »China Slams U.S. Covid Lab Claims as ‘Conspiracy Theories’
China accused the U.S. of spreading “lies” and “conspiracy theories” after the Trump administration said it had new information suggesting the coronavirus might have emerged from a Chinese laboratory. A
Continue reading »More U.S. States Find Variant; Hebei Cases Jump: Virus Update
In this article Connecticut, Texas and Pennsylvania reported their first cases of the virus variant that helped trigger a U.K. lockdown amid concern that Covid-19 deaths in the U.S. are
Continue reading »Tesla Prolongs Model Y China Delivery Times, Citing Order Intake
Tesla Inc. customers in China wanting to get the new locally made Model Y are facing a longer wait, signaling strong initial demand for the Shanghai-built SUV. A basic version
Continue reading »China’s Service Sector Logs Strong Growth In December
China’s service sector continued to recover from the pandemic driven downturn in December, survey results from IHS Markit showed Wednesday. The Caixin services Purchasing Managers’ Index fell to 56.3 in
Continue reading »China Oil Majors May Face U.S. Delisting After NYSE Drops Telcos
Chinese oil majors may be next in line for delisting in the U.S. after the New York Stock Exchange said last week it would remove the Asian nation’s three biggest
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