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Posted on 24/02/2024

Beijing warns China’s US$63 trillion financial sector: serve the real economy and enrich lives

To stabilise the economy while shoring up innovation and green development, China’s leadership is taking a more heavy-handed approach to financial governance. ( read original story ...)

Posted on 24/02/2024

McKinsey-led think tank’s relationship with China set stage for heightened US tensions: report

A think tank led by consulting giant McKinsey & Company recommended China push foreign companies out of sensitive industries as part of a project for the Communist regime nearly a decade ago — setting ... ( read original story ...)

Posted on 24/02/2024

Secret world of China’s international hacking networks exposed: Major leak reveals how state surveils dissidents overseas, launches cyberattacks other nations and uses …

Also described are devices disguised as power strips and batteries that can be used to compromise Wi-Fi networks. Among the apparent targets ... I-Soon was founded in Shanghai in 2010, according to ... ( read original story ...)

Posted on 24/02/2024

Shanghai index regains 3,000 points with support policies, improvement of economic fundamentals

China's three major A-share indexes continued to close higher across the board on Friday trading, with the benchmark Shanghai Composite Index regaining 3,000 points and recovering all losses since the ... ( read original story ...)

Posted on 24/02/2024

Shanghai stock index reclaims 3,000 mark in recovery rally

SHANGHAI -- China's benchmark Shanghai Composite Index gained for an eighth straight session Friday to surpass the psychologically important 3,000 mark, after a round of state-backed efforts to shore ... ( read original story ...)

Posted on 23/02/2024

Shanghai Data Exchange Makes History with First Virtual Asset Issuance and Trading

Issued 999 virtual assets in cooperation with Guangming Dairy The Shanghai Data Exchange in China has completed its first issuance and trading of virtual assets. This is expected to accelerate ... ( read original story ...)

Posted on 23/02/2024

Tencent-backed Tuhu Car expects 2023 profit turnaround as post-pandemic travel surge boosted demand for vehicle repairs

Tuhu Car, a Chinese car maintenance and repair company listed in Hong Kong, said it expects its financial results for 2023 to reflect a turnaround in its business as a post-pandemic rebound in ... ( read original story ...)

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