Chinese leader Xi Jinping has etched his name alongside the biggest figures in the annals of Communist Party history, setting himself up to extend his leadership over the world’s most populous country, reports The Wall Street Journal. China’s senior-most officials approved a resolution on the party’s achievements since its founding 100 years ago that portrays […]
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Struggling Chinese property developer Kaisa has two important payment deadlines on Friday, another major focus of global investor concerns that have been heightened by a steep sell-off in property groups’ offshore debt, reports the Financial Times. S&P lowered its rating of the company, which has $88m in coupon payments due by Friday, to triple C […]
With the end of China’s largest online shopping festival on Thursday, it appears that creator Alibaba is increasingly having to share the spotlight with rivals, reports Caixin. The company has been under a large amount of pressure from the crackdown on the tech sector throughout the past year, forcing it to stop its practice of […]
US President Joe Biden has signed a law to block Chinese telecoms companies, such as Huawei and ZTE, from acquiring new equipment licenses from the US regulators, the newest move from Washington to clamp down on China’s tech giants over national security concerns, reports the South China Morning Post. The new law, called the Secure […]
Didi Global is getting ready to relaunch its recently-banned ride-hailing app in China by the end of the year in anticipation that the cybersecurity investigation into the company will come to a close by then, reports Reuters. According to three people directly involved in the relaunch, China’s cyberspace regulator is expected to finalize any penalties […]