On Wednesday, China’s top internet regulator, the Cyberspace Administration of China (CAC), published an updated list of 1,358 internet news services, saying information service providers are only permitted to reprint news from them. The development comes midst a regulatory crackdown… Read More ›
state controlled
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 ›
Unpredictable regulatory behavior makes investment in China unappealing: global fund managers
According to global fund managers, unpredictable behavior of China’s regulators make investing in China unappealing to foreign investors in the short-term. If Beijing were to make more meaningful reforms on data protection and reduce monopolistic practices by state-controlled companies will… Read More ›
Chinese state investors want to privatize BMW’s Chinese JV partner Brilliance China Automotive Holdings Ltd
Chinese state-backed investors are weighing options, which includes taking BMW’s main Chinese joint-venture partner Brilliance private, said five sources with knowledge of the matter at hand. The development is the latest in such deals aimed at uplifting down-beaten Hong Kong-listed… Read More ›