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Search Result for “Alipay”

Showing 1 - 10 of 19

LIFE

Europe seeks to break its US tech addiction

AFP, Published on 16/04/2025

» BRUSSELS - With President Donald Trump more unpredictable than ever and transatlantic ties reaching new lows, calls are growing louder for Europe to declare independence from US tech.

WORLD

China comes to standstill for late leader Jiang's memorial

AFP, Published on 06/12/2022

» BEIJING: Sirens wailed across China as the country came to a standstill Tuesday during a public memorial service for former leader Jiang Zemin, a tentative moment of unity after anti-lockdown protests shook the nation last week.

WORLD

Chinese central bank boss vows to further fintech crackdown

AFP, Published on 08/10/2021

» BEIJING - China will strengthen supervision of the online payments industry and continue its anti-monopoly crackdown, the governor of the central bank said, indicating Beijing will press ahead with a regulatory crackdown on the country's technology giants.

BUSINESS

China to target biggest payment app Alipay in tech crackdown: FT

AFP, Published on 13/09/2021

» BEIJING: Chinese regulators have ordered sweeping changes to the country's biggest payment app Alipay, as the ruling Communist Party attempts to rein in "the unruly growth" of the tech giants.

WORLD

China's crypto-miners look abroad as regulators tighten noose

AFP, Published on 24/06/2021

» BEIJING - When a prefecture in northwestern China's Xinjiang region ordered a halt on cryptocurrency mining projects this month, Chris Zhu scrambled to move clients' machines southward, spending over a week to reassemble in Sichuan.

BUSINESS

China crackdown cuts Big Tech down to size

AFP, Published on 21/03/2021

» SHANGHAI: Tighter regulations, billions in lost overseas share value and government pledges to get even tougher -- Chinese tech giants are reeling under what looks like a sustained Big Brother assault on innovation and enterprise.

WORLD

California WeChat users claim China surveillance in lawsuit

AFP, Published on 21/01/2021

» SAN FRANCISCO - California WeChat users sued its parent company Tencent on Wednesday, saying the mobile app is used for spying on and censoring users for the Chinese government.

BUSINESS

NYSE to delist 3 Chinese telecom firms in new reversal

AFP, Published on 07/01/2021

» NEW YORK: The New York Stock Exchange reversed course again on Wednesday, saying it would delist three Chinese telecom equities from trading due to new US government guidance.

LIFE

Trump targets Chinese apps as his days in office dwindle

AFP, Published on 06/01/2021

» SAN FRANCISCO: With the end of his presidency looming, Donald Trump on Tuesday launched a crusade against Chinese apps, branding them a threat to US national security.

BUSINESS

China orders Ant Group to return to online payment roots

AFP, Published on 28/12/2020

» BEIJING - Chinese fintech giant Ant Group has been ordered by regulators to drastically change its business model and return to its roots as a payment services provider, as the state squeeze continues on the once unbridled empire of tech tycoon Jack Ma.