China
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China fines tech giants for failing to report 43 old deals
China’s market regulator on Saturday said it was fining companies including Alibaba, Baidu and JD.com for failing to declare 43…
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Alibaba’s Singles Day in China hit by global supply strains
The annual shopping festival, known as “Singles Day,” has over the years grown from a one-day shopping event into weeks…
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Didi eyes relaunching apps in China, expects data probe will end soon: Report
Didi Global is preparing to relaunch its ride-hailing and other apps in China by the end of the year in…
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Evergrande makes overdue interest payments: Report
Chinese developer Evergrande met a deadline to pay overdue interest on three US-dollar bonds before their grace periods ended, a…
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Tencent’s profit growth slows after China tightens games rules
Tencent Holdings Ltd.’s third-quarter profit edged up 2.5% compared with the same period in 2020, a significant slowdown from earlier…
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China’s regulatory crackdown pushes Tencent to slowest revenue growth since 2004
SHANGHAI : Chinese gaming and social media giant Tencent Holdings posted its slowest revenue growth since it went public in…
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Evergrande teeters on edge of default as $148 mn payment falls due
Evergrande, the world’s most indebted developer, has been stumbling from deadline to deadline in recent weeks as it grapples with…
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SoftBank suffers $54 billion bruise from China’s tech crackdown
“Our China risk is not so huge. It is within our control,” Masayoshi Son said Monday as SoftBank reported that…
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Carlyle doubles down on investments in India, playing catch up With China
Carlyle Group Inc. is accelerating investments in India as growth across sectors and the prospect of better exits mean the…
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After Evergrande, another Chinese real estate developer Kaisa at risk of default
After China’s property giant Evergrande Group faced a debt repayment deadline, another real estate developer Kaisa Group is at risk…
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China bond market meltdown brings world of hidden bills to light
China’s property developers are struggling to pay bills that many of their bond investors didn’t know were there in the…
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What led to China’s crackdown on Alibaba?
This was supposed to be Jack Ma’s finest hour: a year ago to the day, his Ant Group was meant…
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