On Monday, Britain introduced a bill in parliament with the aim of intensify a crackdown on what British Prime Minister Boris Johnson termed as “dirty money”. The bill, introduced in response to Russia’s invasion of Ukraine, comes after many lawmakers,… Read More ›
crackdown
Chinese state owned companies have stakes in ByteDance and Weibo
Corporate records show that the Chinese government has stakes in Chinese entities owned by ByteDance and Sina Weibo. The news comes midst widening regulatory crackdown on the industry. Shareholder data from the National Enterprise Credit Information Publicity System shows WangTouZhongWen… Read More ›
China crackdowns on Jack Ma’s Ant group with vengeance
In a development that marks the risks of doing business in China, where Chinese rulers through courts hold absolute power, Chinese regulators have imposed a sweeping restructuring on Jack Ma’s Ant Group, in a move aimed at curbing its valuation… Read More ›
Trump signs into law 2 legislations backing Hong Kong
In a significant development, U.S. President Donald Trump has signed into law a congressional legislation which backs the pro-democracy uprising in Hong Kong despite objections from China. The development midst Washington and Beijing trying to hammer out a deal to… Read More ›
China Development Bank Financial Leasing Co to finance purchase of 8 Airbus aircraft
China Development Bank Financial Leasing Co is the leasing arm of China Development Bank (CDB), HNA’s largest creditor. In a corporate filing, China Development Bank Financial Leasing Co, the aviation leasing arm of China Development Bank stated, it will finance… Read More ›
Policy debate on China’s monetary policy rages as economy faces strong headwinds
China will require an active and dynamic support system for its fiscal and regulatory policies so that it can mitigate the challenges posed by the deepening trade war with the United States. A slowdown in China’s economy due to its… Read More ›
Asian markets wobble with U.S. readying trade tariffs against China
There is a growing nervousness amongst investors since the window of opportunity of avoiding a trade war is rapidly closing. On Friday, with media reports stating that U.S. President is set to impose “pretty significant” tariffs against China, shares across… Read More ›