New US Commerce Secretary Gina Raimondo said she will make full use of a powerful regulatory tool that has been deployed to limit the flow of US technology and products to China’s Huawei and... Read more
China fined on Wednesday five community group-buying platforms owned and backed by the likes of Meituan, Pinduoduo, Tencent Holdings, Alibaba Group and Didi Chuxing, citing “improper pricing... Read more
US lawmakers reintroduced legislation on Wednesday that would ban some Chinese companies from accessing US capital markets, reported the South China Morning Post. Five Republican colleagues... Read more
China’s financial technology companies are expected to meet capital adequacy requirements within a maximum of two years, said Guo Shuqing, head of the China Banking and Insurance Regulatory... Read more
Huawei has notified its suppliers that its smartphone component orders will fall by more than 60% this year as US sanctions continue to bite, reported the Nikkei Asian Review. Huawei ha... Read more
