On Friday, Chinese regulators announced a nationwide ban on cryptocurrency transactions and cryptocurrency mining. The culmination of a years-long crackdown, the move was meant to close loopholes in previous attempts to regulate...
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...
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...
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...
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...
In a World Trade Organization filing published on Thursday, the United States questioned...
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...
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 […]
Click on the image to download Firefly for circumvention
CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.
