China Business Now

The Southern International Forum of Finance and Economics 2021, co-hosted by the Greater Bay Area headquarters of China Media Group and Southern Finance Omnimedia Corporation and organized by the 21st Business Herald, will be held in South China's Guangzhou city on Friday. This year’s theme is "New Strategy, New Opening-up and New Journey: Promoting the Circulation of Capital, Science, Technology and Industry".

China's factory activity unexpectedly expanded in November, growing for the first time since August as supply snags and power rationing abated, taking some pressure off a sector grappling with high raw material prices. 

https://m.21jingji.com/article/20211130/herald/82c08dde63d4e1a25c0a2d520e7d12d4.html

As the discovery of the new Omicron variant of COVID-19 triggered global alarms and market sell-offs over the weekend, Asian stock markets fell further Monday after the variant was found in more countries. Shanghai, Hong Kong, Tokyo and Sydney declined, though losses were much smaller than Friday’s sharp decline.

https://m.21jingji.com/article/20211129/herald/55bd8f5e392fe66b46456c6cf8d93e45.html

Population ageing is adding a lot of “grey hair” to policymakers around the world, but what about turning it into a “silver economy?” China released a guideline for measures to further implement its national strategy to address population ageing and boost the sense of fulfilment, happiness and safety among the elderly.

https://m.21jingji.com/article/20211125/herald/4c21269f806847f948b627c5e40a6aed.html

China’s Ministry of Industry and Information Technology (MIIT) and the Ministry of Public Security have summoned Alibaba Cloud and Baidu Cloud, urging the two firms to carry out relevant work in preventing and managing fraud. This came as the latest move of China’s regulatory overhaul of big techs. 

https://m.21jingji.com/article/20211124/herald/f237f048e39a22bfa546d9d095f4810e.html

Authorities in Hangzhou slapped massive fines on two influential live-streamers for evading taxes, as the country has been tightening regulations on the online sector to ensure legal and sustainable development. Following investigations into the two internet influencers, Zhu, also known as “Xueli," was ordered to pay 65.55 million yuan toward overdue taxes and penalties, while the other, Lin Shanshan, will have to pay 27.67 million yuan. 

https://m.21jingji.com/article/20211123/herald/994e8f6b2171a984083d7b7b5264939c.html

China enters the “freezing mode” as the meteorological authority renewed a blue alert for cold wave on Saturday, affecting most parts of the country.  In response to the cold waves, wholesale and markets around the country have actively conducted early storage. 

https://m.21jingji.com/article/20211122/herald/23df6f2608918a20251d7267ebd68fef.html

China's newly established National Anti-monopoly Bureau inaugurated its office in downtown Beijing, marking a new chapter of the country's intensifying efforts to rein in companies' monopolistic practices to maintain free competition of the market. The bureau’s responsibilities include drafting and implementing anti-trust regulations, as well as helping Chinese companies deal with anti-trust charges overseas. 

https://m.21jingji.com/article/20211119/herald/8b3f8b9148d6af6302926cf60a086fe1.html

China’s top 2 live-streamers both announced on Wednesday they have suspended cooperation with the France-based beauty and cosmetics giant, criticising the action “unfair”. The announcements came after many Chinese customers accused the brand of false promotion during the Double 11 shopping spree.

https://m.21jingji.com/article/20211118/herald/4f3b5f3de58618bce8477cdad5505bd0.html

A new global agreement - the Glasgow Climate Pact - was reached at the COP26 summit that concluded after a one-day extension. What has been achieved and what has yet to be done?

https://m.21jingji.com/article/20211117/herald/9ffa0ad87860afb98d32405317814aae.html