Links for Tuesday, December 15, 2020

Notable China news from around the web.

BUSINESS AND TECHNOLOGY:

  • Ant Group tries to schmooze its way back into regulatorsโ€™ good graces
    Ant Groupโ€™s chairman Eric Jing breaks silence after halt in largest global IPO with a corporate โ€˜check-upโ€™ and rehabilitation planย / SCMP (porous paywall)
    Battered by regulators, Ant Group comes out in support of regulationย / Caixin (paywall)
    Context on The China Project: Ant Group IPO suspended after Jack Ma criticizes regulators.
  • Trumpโ€™s failing trade war
    Trade with China roars back as Americans are stuck at homeย / NYT (porous paywall)
    โ€œThat surge has defied the expectations of American politicians of both parties, who earlier this year predicted that the pandemic, which began in China, would be a moment for reducing trade with that country and finally bringing factories back to the United States.โ€
  • The business of soccer
    China caps salaries in bid for โ€œsustainableโ€ soccer growthย / AP
  • The dying gasps of the bike-sharing business
    Students sue dying former shared bike superstar Ofoย / Caixin
    Mobike rides into history with shutdown of its appย / Caixin
  • Stricter Chinese stock market regulation
    Chinaโ€™s tougher delisting rules send weakest stocks plungingย / Bloomberg (porous paywall)
  • SCIENCE, HEALTH, AND THE ENVIRONMENT:

    POLITICS AND CURRENT AFFAIRS:

    China has appointed a new head of it State Ethnic Affairs Commission, Chรฉn XiวŽojiฤng ้™ˆๅฐๆฑŸ (Han) ousting ethnic Mongol Bagatur after a turbulent Autumn of protests spurred by the removal of Mongol language from core subjects.

    As Chinaโ€™s push to unify ethnic minorities is intensifying, Chen will be the first non-ethnic minority to head the agency managing ethnic minority affairs sinceโ€ฆ1954.

    SOCIETY AND CULTURE:

    Using a fist, using gasoline, using sulfuric acid. Being flushed into the sewer, sinking from a wedding room into a riverbed. Being stuffed into a suitcase, frozen in a fridge on a balcony.