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 – US sharply criticises China in annual human rights review, the Biden administration’s first public assessment of Beijing’s record
- New York Times – How China’s Outrage Machine Kicked Up a Storm Over H&M
- HRW – People in China Left Wondering, ‘What Happened in Xinjiang?’
- The Philadelphia Inquirer – China steps up online controls with new rule for bloggers
- Mind Matters – For Five Days There Was Free Expression in China