After levying a record-breaking fine against Alibaba and requiring sweeping structural changes to Ant Group’s business earlier this month, Chinese regulators are showing no signs of letting up in their crackdown on big...
by John Chan | Apr 12, 2021
Six months after abruptly calling off fintech giant Ant Group’s IPO and launching an investigation into Alibaba for antitrust violations, Chinese regulators have at last announced their penalties against the two affiliated...
by John Chan | Mar 16, 2021
More than four months after a high profile crackdown on Jack Ma’s financial empire marked the beginning of a regulatory overhaul for China’s big tech companies, details of the penalties set to be imposed on internet...
by John Chan | Dec 29, 2020
New announcements from China’s regulatory authorities have revealed broad plans to rein in Alibaba and Ant Group, as part of a concerted effort to strengthen state supervision of Jack Ma’s business empire. On...
by Scott Greene | Oct 28, 2011
The chairmen of China’s two biggest banks resigned Friday to assume government positions, signaling a turnover at the top of China’s financial system ahead of Beijing’s political leadership change in 2012. From...
by Xiao Qiang | Dec 6, 2005
From the Financial Times: China’s top bank regulator has strongly defended the handling of overseas investments in local financial institutions, saying the rules of entry ensured that foreigners would not be able make speculative windfalls from their purchases. Liu Mingkang, head of the China Banking Regulatory Commission, said he expected a decision soon over the […]
CDT in the News
- SCMP – Foreign journalists in China report state backing for rising intimidation during Henan floods
- Forum2000 – Data colonialism: Where China and the West diverge
- FT – China flood response reveals Beijing’s need to prepare for extreme weather
- LA Times – Amid crushing floods in China, officials focus not on climate change, but on control
- RFA – “Drowning” has become a sensitive word during Henan floods