Here’s How China Is Supporting Its Economy as Stimulus Awaited
China has announced several measures recently to boost the economy and made a number of pledges to improve
1970-01-01 08:00
China’s $100 Billion Tutoring Ban Backfires, Spawning Black Market
President Xi Jinping’s attack on China’s after-school tutoring industry was meant to ease the burden on households. But
1970-01-01 08:00
Xi’s Private-Sector Propaganda Push Runs Into Wall of Skepticism
China’s latest pledges to rebuild a shattered private sector fell flat with investors, underscoring the damage two years
1970-01-01 08:00
Tencent Billionaire Breaks Silence to Back China Private Sector
Billionaire Tencent Holdings Ltd. co-founder Pony Ma has penned a lengthy op-ed backing Chinese pledges to resuscitate the
1970-01-01 08:00
Major League Soccer Considers Accepting Sovereign Wealth Money
Major League Soccer could be the next US sports league to allow sovereign wealth funds to invest in
1970-01-01 08:00
Chinese Tech Stocks Advance as Signs of Official Support Grow
China tech stocks advanced for fourth day in Hong Kong as gathering signs that the government’s long crackdown
1970-01-01 08:00
China Premier Meets Major Tech Companies, Vows More Support
Chinese Premier Li Qiang met with senior executives from the country’s leading technology firms including Alibaba Group Holding
1970-01-01 08:00
Jack Ma’s Wealth Drops $4.1 Billion as Ant’s Valuation Slashed
Jack Ma’s fortune is dwindling further as a planned repurchase of shares reveals a much reduced valuation for
1970-01-01 08:00
Kuwait’s $700 Billion Wealth Fund Is Being Eclipsed by Ambitious Neighbors
As Middle Eastern sovereign wealth funds emerge as the go-to investors for some of the biggest deals, the
1970-01-01 08:00
Ant to Buy Back Shares at 70% Lower Valuation Than at IPO
Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an
1970-01-01 08:00
China Ends Probe of Jack Ma-Backed Ant With $984 Million Fine
Chinese regulators imposed a 7.12 billion yuan ($984 million) fine on Ant Group Co., according to a statement
1970-01-01 08:00
Alibaba Surges on Report China to Unshackle Ant With Fine
Alibaba Group Holding Ltd. shares jumped in Hong Kong trading after Reuters reported that China is likely to
1970-01-01 08:00