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Coronavirus Crisis Realigns Asia’s Steel Industry Stars

China strengthens its dominance as rivals elsewhere grapple with falling demand

Ant Group Gets Green Light to Cash In on Online Lending Rules

Fintech giant is set to hold 50% of the new company, which will be based in the southwestern city of Chongqing

Sep 18, 2020 04:46 PM

UBS Mulls China Asset Management Expansion to Fend Off Competitors

Heightened competition is putting pressure on incumbents like UBS that have long benefited from a first-mover advantage in China

Sep 18, 2020 02:36 PM

CX Daily: China’s Top Liquor Maker to Bail Out Home Province With $2.2 Billion in Bonds

The WeChat ban wouldn’t affect U.S. users, the Trump administration says. An airline tycoon is barred from taking flights

Sep 18, 2020 09:27 AM

Alibaba Launches New Online Housing Platform

Partnership with E-House may set off price war with rival service backed by Tencent as internet giants pile into China’s booming property market

Sep 18, 2020 05:12 AM

China Shouldn’t Set Timeline for Ditching Conventional Vehicles, Experts Say

Advisers developing transportation industry blueprint argue a diversified fleet will better serve China’s complex needs than mandating switch to electric vehicles too soon

Sep 18, 2020 05:07 AM

Young Chinese Save More Amid Pandemic Uncertainties

Monthly deposits jump 34% among those 18–34 years old, survey finds, as more than half of respondents say they’re preparing for future financial needs

Sep 18, 2020 04:45 AM

China’s Biggest Bank Falls Short in Bid to Replenish Capital

ICBC slashes borrowing via risky bonds to $2.9 billion from planned $4.4 billion amid increased competition for fewer investor dollars

Sep 18, 2020 04:38 AM

China Business Digest: Trump Grumbles About ByteDance Retaining Majority TikTok Stake; Tencent to Show England’s Premier League in China

Alibaba and E-House launch online housing platform as internet giants rush into booming property market; industrial drone maker cleared for STAR Market IPO

Sep 17, 2020 09:07 PM

Peking University’s Indebted Offspring Lines Up Strategic Investors

Bankruptcy administrator whittles list of candidates down to four as part of restructuring plan to repay massive debts

Sep 17, 2020 08:59 PM

Disruptive New Telco Moves Closer to Prime Time

46 stakeholders, including regional cable TV operators and e-commerce giant Alibaba, sign agreement formally setting up Unified National Network

Sep 17, 2020 08:53 PM
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