Showing 1 - 10 of 20
China banking tycoon Bao Fan 'cooperating with investigation'
AFP, Published on 27/02/2023
» BEIJING - Chinese billionaire Bao Fan is "cooperating in an investigation" by authorities, his company said, almost two weeks after his disappearance sparked fears of a renewed crackdown on the nation's financial services industry.
China touts state-backed transport super-app
Reuters, Published on 18/01/2023
» HONG KONG: China will soon launch a state-backed platform for transport that will include everything from ride-hailing to cargo trucking, road transport, railway, ferry and flight services, the state-run Beijing Daily reported on Wednesday.
Xi's 'Chinese Dream' flickers in one Beijing neighbourhood
AFP, Published on 04/10/2022
» BEIJING: Wu has staked out his patch of the Chinese Dream. Married with a second child on the way, he has a Beijing apartment and a car paid for by a tech job with a comfortable salary.
Beijing asks ride-hailing giant Didi to delist from US: report
AFP, Published on 26/11/2021
» BEIJING - Regulators in China have asked ride-hailing giant Didi to draw up a plan to delist from the United States over data concerns, a report said Friday, as Beijing continues its tight scrutiny of domestic tech giants.
Battle the algorithms: China's delivery riders on the edge
AFP, Published on 07/11/2021
» BEIJING: Handing over a piping hot meal at exactly the time promised, Chinese food delivery driver Zhuang Zhenhua triumphantly tapped his job as complete through the Meituan app -- and was immediately fined half of his earnings.
China orders ride-hailing firms Didi, Meituan to stop 'disorderly expansion'
AFP, Published on 02/09/2021
» BEIJING - Chinese regulators have summoned ride-hailing giant Didi Chuxing and ten other car platforms to demand they cease "disorderly expansion" and "vicious competition" tactics, the government said Thursday, amid a national crackdown on the tech industry.
China rolls out new data law over 'national security' fears
AFP, Published on 01/09/2021
» BEIJING: China's new data security law takes effect from Wednesday -- the latest effort to tighten oversight of the country's mammoth tech sector.
China passes tough new online privacy law
AFP, Published on 20/08/2021
» BEIJING: China passed a sweeping privacy law aimed at preventing businesses from collecting sensitive personal data Friday, as the country faces an uptick in internet scams and Beijing targets tech giants hoovering up personal data.
End tax breaks for gaming firms, says Chinese state media
AFP, Published on 05/08/2021
» BEIJING - China should end tax breaks for gaming companies as they have grown into global firms, a state-backed newspaper said Thursday, in the latest threat to the multi-billion sector to drift out through state-controlled media.
China tries to ease investor fears over crackdown: report
AFP, Published on 29/07/2021
» BEIJING - Beijing scrambled to calm investors after a crackdown on some of China's biggest firms rattled markets with regulators calling bankers in for a last-minute call Wednesday night, Bloomberg reported.