Monday, January 25, 2021
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Tag: EU

Leading Reform Advocate Slams Refusal to Recognise China as Market Economy

One of China's leading free market reformers says the refusal of the US and EU to confer China with market economy status is "extremely...

Chinese FDI Favours Europe Over the US: Yukon Huang

Europe is drawing more foreign direct investment from China than the United States due to political sensitivities and security concerns. Writing for The Financial Times, Carnegie Endowment...

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Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...

Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...

Chinese Banks See Net Profits Decline 1.8% in 2020

China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....

Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...