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    ChinaAccess

    China Newsbase

    Fast, easy search of the China news that matters

    The China News Database was last updated at 01:50PM on November 9, 2023.

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    Alibaba Tencent

    Tech Giants’ Rise Requires New Financial Oversight, BIS Says

    The world’s biggest tech firms need oversight from financial regulators to guard against their growing market power, possible threats to financial stability and data privacy concerns, according to senior officials at the Bank for International Settlements.

    August 2, 2021 Source: Bloomberg

    Alibaba Didi Tencent

    SEC to Set New Disclosure Requirements for Chinese Company IPOs

    U.S. regulators will require additional disclosures from Chinese companies before allowing them to sell shares in the U.S., Securities and Exchange Commission Chairman Gary Gensler said.

    July 30, 2021 Source: WSJ

    Alibaba Baidu Didi JD.com Meituan Pinduoduo Tencent

    China Tech Selloff Resumes, Adding to Month of Huge Losses

    Investors are reeling from drastic moves against the after-school tutoring sector, one in a series of government salvos.

    July 30, 2021 Source: WSJ

    Alibaba Beijing ByteDance Meituan Tencent

    China Orders Alibaba, Tencent, Meituan, Ant, ByteDance to Up Data Security

    China ordered more than two dozen technology firms to carry out internal inspections as part of a campaign to root out illegal online activity.

    July 30, 2021 Source: Bloomberg

    Alibaba Beijing Europe

    China Keeping ‘Open Mind’ on G-7 Talks Aimed at Trade Abuses

    China’s ambassador to the World Trade Organization said there’s scope for Beijing to work with the U.S., the European Union and other Western nations on an agreement aimed at curbing the practices at the heart of the still-simmering U.S.-China trade conflict.“China will keep an open mind to that,” Li Chenggang said in an interview in Geneva on Wednesday, his first known talk with a Western media outlet since being appointed in February. “If we have a fair and a frank discussion on the issues, I

    July 29, 2021 Source: Bloomberg

    Alibaba Didi

    WSJ News Exclusive | Didi Global Considers Going Private to Placate China and Compensate Investors

    The ride-hailing giant has been in discussions about how it could resolve some of the problems that emerged after it listed on the NYSE on June 30, according to people familiar with the matter.

    July 29, 2021 Source: WSJ

    Alibaba Beijing IPOs Meituan Tencent

    Tencent, Meituan Dumped by China Traders Who Used to Buy on Dips

    Chinese investors are turning against the nation’s technology giants, removing a pillar of support that helped the sector through previous market routs.

    July 27, 2021 Source: Bloomberg

    Alibaba Didi Meituan New Oriental Education Tencent

    Beijing Gives Tech Investors a Brutal New Tutorial

    Anyone who bought into Chinese internet stocks hoping for a bounce following the dramatic fall from grace of ride-hailing giant Didi has been taught another painful lesson this week.

    July 27, 2021 Source: WSJ

    Alibaba Ant Group Didi JD.com Meituan New Oriental Education Tencent

    Chinese Tech Stock Selloff Deepens

    A selloff in Chinese technology stocks accelerated as investors unnerved by Beijing’s widening crackdown on internet companies and other industries sold down their holdings.

    July 27, 2021 Source: WSJ

    Alibaba Jack Ma Tencent

    China’s Digital Yuan Puts Ant and Tencent in an Awkward Spot

    China is calling on private-sector pioneers Ant Group and Tencent to help it develop a state-backed digital currency that threatens the pair’s highly popular payment networks.

    July 25, 2021 Source: WSJ

    Alibaba Beijing Hong Kong IPOs

    China Weighs Serious Penalty for Didi After U.S. IPO as Tech Crackdown Escalates

    Chinese regulators are considering serious, perhaps unprecedented, penalties for Didi Global Inc. after its controversial initial public offering last month, according to people familiar with the matter.

    July 22, 2021 Source: Bloomberg

    Alibaba

    Alibaba-Backed Grocer Nice Tuan Fined for Pricing Fraud

    In addition to $235,302 fine, group-buying platform is suspended from operations in Jiangsu for three days

    July 21, 2021 Source: caixinglobal

    Alibaba

    Alibaba Leads $400 Million Investment in Vietnam Retailer

    The deal with Masan Group will expand Chinese e-commerce giant’s online grocery business in Southeast Asia

    July 21, 2021 Source: caixinglobal

    Alibaba

    TikTok Owner Drops Alibaba Cloud Outside China

    ByteDance’s decision led to sharp slowdown in revenue growth for one of the e-commerce giant’s most promising newer businesses in its latest reporting quarter

    July 21, 2021 Source: caixinglobal

    Alibaba

    China’s Digital Yuan Gets Access to Alibaba’s 1 Billion-Person User Base

    Alipay customers can use central bank’s experimental digital currency to pay for food delivery, groceries and online purchases

    July 21, 2021 Source: caixinglobal

    Alibaba Jack Ma

    Hard-working couriers deliver 100 million packages a day in China - People's Daily Online

    Express delivery is a multi-billion-dollar business in China thanks to the rapid growth of e-commerce. A total of 31.3 billion packages were delivered in China in 2016, according to China's State Post Bureau. That figure is close to half of the 70 billion packages delivered around the world each year.

    July 21, 2021 Source: en.people.cn

    Alibaba

    Alibaba Shifts Stake in Real Estate JV to JV Partner E-House

    July 21, 2021 Source: www.yicaiglobal.com

    Alibaba

    Alibaba Fintech Arm Agrees to Buy 5% Stake in Brazilian Loyalty Program Giant Dotz

    July 21, 2021 Source: caixinglobal

    Alibaba Tencent

    Alibaba Looks to Bring Budget Shopping Platform to Tencent’s WeChat

    E-commerce titan has applied to set up a mini program for its Taobao Special Edition, which targets rival Pinduoduo’s clientele of lower-end buyers

    July 21, 2021 Source: caixinglobal

    Alibaba ByteDance

    Chinese Regulators Tell Alibaba, ByteDance, Nine Others to Clean Up Deepfakes

    July 21, 2021 Source: www.yicaiglobal.com

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    The China Project
    "A jewel in the crown of China reporting. I look to it daily... It adds so much insight into the real China."

    Max Baucus

    Former U.S. Ambassador to China

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