Page 423 - China

China's securities regulator vows to crack down on private equity funds

The China Securities Regulatory Commission will work to root out "fake" private equity funds that are actually sold to the general public, Chairman Yi Huiman said in a speech

Xi Jinping clears action on everything, from monopolies to pollution

Xi in particular stressed the importance of strengthening anti-monopoly regulations, a push that has already cost tech giants hundreds of billions of dollars in market value

China threatens to ban e-commerce companies that flout IP laws

E-commerce platforms will be restricted from online business operations or even have their licenses revoked if they fail to deal with serious violations of IP rights by vendors on their platforms

CPC to hold key conclave in Nov ahead of next year's leadership reshuffle

China's Communist Party will hold its key conclave in Nov ahead of next year's party Congress which will pave the way for major leadership changes and a possible unprecedented third term for Xi

Evergrande Group flags default risk from cash crunch; bonds fall

The company said it's exploring the sale of interests in its listed electric vehicle and property services units, as well as other assets

Heavy rain, floods affect 113,000 people in China's Shaanxi province

Torrential rain and floods have affected more than 113,000 people in the city of Ankang, in China's Shaanxi province, with over 23,800 others relocated, local authorities said on Tuesday

India's Presidency: UNSC adopts strong resolution on Afghan, China abstain

The UN Security Council, under India's Presidency, adopted a strong resolution demanding that territory of Afghanistan not be used to threaten any country or shelter terrorists

Afghanistan chaos due to disorderly withdrawal of foreign troops: China

China, which abstained from voting on the UN Security Council resolution on Afghanistan, has blamed the disorderly withdrawal of foreign troops for the chaos in Afghanistan."Recent chaos in Afghanistan is directly related to the disorderly withdrawal of foreign troops. We hope that relevant countries would realize that withdrawal is not the end of responsibility but the beginning of reflection and correction," said the Chinese representative at the UNSC.Resolution on Afghanistan has been passed by the United Nations Security Council. This crucial resolution was adopted with the support of 13 members with Russia and China abstaining and no one voting against the resolution.Foreign Secretary Harsh Vardhan Shringla was chairing the UNSC meet under the Indian presidency in which the resolution was adopted.The Chinese representative on UNSC resolution on Afghanistan said that "China has huge doubts about the necessity & urgency of adopting this resolution... Despite this, China has ..

China tightens scrutiny on $9.3 trillion fund industry: Report

Fund managers should align their interests more closely with investors, and refrain from hyping their products, Yi Huiman, chairman of the China Securities Regulatory Commission said

China slashes kids' online gaming time to just three hours a week

The escalating restrictions on Tencent's biggest business are likely to spook investors that had cautiously returned to Chinese stocks in recent days

Back to square one

Banning Chinese apps has proved to be ineffective

All parties should establish contact, actively guide Taliban: China to US

China has told the US that the Afghanistan situation has undergone fundamental changes and it is necessary for all parties to make contact with the Taliban and guide it actively

Alibaba fires 10 staffers for leaking sexual assault accusations

Alibaba announced internally last week it fired the group for sharing a harrowing account posted on an internal forum by a colleague surnamed Zhou, who accused a former manager of rape

Dragons fly as Chinese millennials take a shine to gold, helping demand

Sales of gold bracelets, pendants, earrings and necklaces that draw on dragons, phoenixes, peonies and other traditional patterns are flying among consumers helping drive a rebound in gold demand

One stuck box of fertiliser shows the global supply chain crisis

From the US to Sudan to China, container boxes have been lying at ports, railyards and in warehouses as the pandemic rages on

China's Sinopec posts $6 bn profit on rebounding oil prices, better demand

Revenue in the first six months rose 22.1% from last year's low base to 1.26 trillion yuan, following a recovery in global oil prices and robust demand for fuel and petrochemical products

There's little in common between US' ignoble exit from Vietnam, Afghanistan

Once the war was over, Vietnam was eager to embrace America against its historic enemy, China

UAE capital mandates booster shot for Sinopharm Covid-19 vaccine recipients

The capital of the United Arab Emirates on Sunday ordered all residents who received the Chinese state-backed Sinopharm coronavirus vaccine over six months ago to get a booster shot by September 20

Sri Lanka receives 300,000 doses of vaccine donated by China's PLA

Sri Lanka's Defence authorities on Saturday received a batch of 300,000 doses of Sinopharm Covid-19 vaccine, donated by the People's Liberation Army (PLA) of China

From India to Korea, IPO markets are booming as China deals slow

Tech companies from India and South Korea, and Southeast Asia have raised $8 billion from first-time share sales this year, already blowing past the previous annual peak