From peer-to-peer (P2P) lending to third-party payment, from blockchain to data-mining, the intersection of finance and technology is drawing in new investments as well as more regulatory oversight in China.
Regulators outline new campaign involving special inspections, new regulations targeting P2P and microlenders to clean up irregularities
China’s economic recovery may continue, Caixin data shows. More flights from China? The U.S. says no.
Though ZA, Airstar and WeLab banks are up and running, five others are still making ready as pandemic, civic unrest and stiff competition for talent slow progress
Long-awaited IPO could value the Alibaba payment unit at $200 billion reflecting careful construction of its own comprehensive financial and business ecosystem
China’s internet and tech giants have been eagerly pushing financial services, especially loans, as they look to leverage their huge customer base to generate more revenue. However, with intense competition and more stringent privacy laws, the headwinds are growing
China Business Digest: Regulators to Punish Luckin Coffee; Central Bank Delays New Asset Management Rules
Video service provider Baofeng Group’s president charged with bribery; L’Oreal may slash spending on TikTok; Beijing sends help to Hong Kong for conducting Covid-19 testing
India curbs Chinese bids for government contracts. Qualcomm strikes a patent deal with Huawei. Plus, Huawei takes Samsung's crown.
China Business Digest: President Xi Urges Deeper Reforms in Response to Turbulence; Overseas Acquisitions by Chinese Companies Plunge
Global coronavirus infections top 17 million as China reports highest case totals since April; Taiwan’s controversial former leader Lee Teng-hui dies at 97
Home appliance giant distances tech manufacturing spin-off by changing share structure
South China Morning Post announced it’s bringing back its paywall as ad revenue declines
President Xi Jinping calls for economic reorientation toward domestic market
The companies’ global aspirations have been curbed by the trade war, but they are adapting to survive
Central bank regulations are aimed at ensuring financial institutions use the same standards to design, operate and evaluate the emerging technology
Firms like Didi Chuxing and Meituan Dianping are using the data they hold on millions of customers to sell them loans, insurance and wealth management products
China Business Digest: China Vows Retaliation Over U.S. Order to Close Consulate; Beijing Moves to Reopen Entertainment Venues
Online wealth manager Lufax may seek U.S. IPO; Hong Kong reports record rise in new coronavirus cases; State Council eases limits on online health care
Tech companies face a tough decision after being kicked out of a giant, lucrative market nurturing home-grown industry: Exit, or find local joint-venture partners