Sep 07, 2021 20:28 PM- Evergrande Pays Back Paint Supplier in Property as Overdue Debt Piles Up
- The teetering real estate giant still owes Skshu Paint 100 million yuan in overdue commercial paper
Sep 07, 2021 18:01 PM- Charges Dropped Against Ex-Alibaba Manager in Workplace Sexual Assault Case
- Prosecutors say the man’s actions toward his female colleague in the highly publicized incident were ‘not a criminal offense’
Sep 07, 2021 17:23 PM- Ride-Hailing Firm Cao Cao Hauls In $590 Million From Suzhou Backers
- The Geely-backed platform reported a 150% jump in orders in July, the same month Didi came under a cybersecurity investigation
Sep 06, 2021 20:32 PM- Taxation Can Be a Tool to Bolster Data Governance Goals, Tsinghua Professor Says
- Data regulations need taxation to balance consumer rights and market efficiencies with societal interests and fairness, former PBOC monetary policy member says
Sep 06, 2021 20:28 PM- JD.com Founder Hands Over Day-to-Day, but Retains Stranglehold on Overall Control
- Richard Liu is the latest tycoon to step back and announce government-aligned philanthropic goals
Sep 06, 2021 19:35 PM- Didi Denies Reports of Beijing Government-Led Takeover
- Ride-hailing giant says it’s ‘untrue’ that the Chinese capital was coordinating state-backed firms to acquire a stake in the scrutinized company
Sep 06, 2021 15:07 PM- Clock Ticks for Evergrande as $7.4 Billion of Bonds Due 2022
- Developer’s dollar notes plunged to record lows last week after it warned that it risks defaulting on its debt
Sep 04, 2021 17:53 PM- Chairman of Chipmaker SMIC Quits Due to Health Issues
- Zhou Zixue will continue to serve as an executive director after helming China’s leading foundry for over six years
Sep 04, 2021 06:58 AM- Greenlight Kids Tutoring Operation Shuts Down in Shanghai
- Amid fallout from China’s restrictive new private education rules, Greenlight closing leaves thousands of parents chasing millions of yuan of refunds
Sep 04, 2021 04:53 AM- JD.com Unit to Take Over China Logistics in $2.1 Billion Deal
- Transaction reflects intensifying competition as China’s transition to e-commerce accelerates amid the pandemic
Sep 03, 2021 21:10 PM- Hydrogen Cars Get Boost as Shanghai and Beijing Given Go-Ahead to Grow Fuel Cell Sector
- Guangdong province also gets in on four-year government plan to establish an industry chain
Sep 03, 2021 20:41 PM- China’s First Online Gas Trading Platform Facing Cash Crunch, Sources Say
- Shanghai Zhaoyou’s 51zhaoyou.com allegedly owes workers $2 million in backpay
Sep 03, 2021 18:29 PM- China Bans Minors From Idol Groups, TV Talent Shows, Fan Club Events
- A new notice also calls for harsher punishment for actors engaging in illegal or unethical behavior amid crackdown on celebrity fan culture
- Sep 03, 2021 06:39 AM
- Alibaba Jumps on ‘Common Prosperity’ Bandwagon With $15.5 Billion Pledge
- E-commerce giant pledges $15.5 billion for 10 initiatives over five years as list lengthens of tech companies responding to President Xi’s campaign.
Sep 02, 2021 20:31 PM- ByteDance to Scale Back Fintech Business Amid Regulatory Headwinds
- The owner of TikTok and Douyin also plans to sell its securities brokerage business
Sep 02, 2021 20:24 PM- Airbnb-Style Rental Platforms Ordered to Remove Beijing Listings, Sources Say
- Landlords required to submit ID and ownership documents, among others, before re-listing as authorities seek to tighten oversight of the sector
Sep 02, 2021 20:19 PM- Guangzhou’s New Pre-Owned Property Reference System Could Cut Prices in Half
- Banks are set to use system when reviewing loan applications, which could prevent agents from inflating prices
Sep 02, 2021 19:41 PM- In Depth: The Congo Mine That Could Feed China’s Vast Hunger for Copper
- The Kamoa-Kakula mine has ore reserves equivalent to more than a third of China’s total
Sep 02, 2021 19:30 PM- SK Innovation to Build $1 Billion Battery Plant in China
- South Korean firm looks to boost capacity as demand surges for electric vehicles
Sep 02, 2021 04:25 AM- Exclusive: China’s Fosun Pharma Borrows $300 Million for Covid Vaccines
- Loans from Asian Infrastructure Investment Bank and International Finance Corp. will fund expanded mRNA vaccine output and distribution
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