China should consider further tightening control over fintech giants by restricting the number of banks they can partner with, the Securities Times cited a former finance minister as saying. Bad loans ... ( read original story ...)
Tourism officials promote Kyushu in Shanghai
Tourism officials from Japan have promoted their regions in the Chinese city of Shanghai in anticipation of the resumption of overseas travel. ( read original story ...)
China Has A $15 Trillion Problem With Economic Reality
Given the opacity that pervades China's bond market, it’s unclear how many debt payments are actually being missed. ( read original story ...)
Balance of loans in Shanghai rises in November
The balance of loans in Shanghai stood at 8.39 trillion yuan (about 1.28 trillion U.S. dollars) at the end of November, up 6 percent year on year. The balance of loans in Chinese yuan reached 7.73 ... ( read original story ...)
Weekly snapshot of China’s local business news
According to Trip.com Group Limited based in Shanghai, the popularity of domestic deep-travel ... managing director of Wilo China Ltd. The cruise business of major Chinese shipbuilder China State ... ( read original story ...)
Chinese cancer biotech Gracell Biotechnologies files for a $100 million US IPO
G racell Biotechnologies, a Phase 1 Chinese biotech developing CAR-T cell therapies for cancer, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The company aims ... ( read original story ...)
China’s stock exchanges and ‘Millionaire Yang’ mark 30 years of pride, fascination with Communist-style capitalism
The birth of China’s stock market 30 years ago has been a source of pride and fascination for the nation. The rags-to-riches tale of pioneer trader ‘Millionaire Yang’ is an inspiration to its 175 ... ( read original story ...)