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The World's Billionaire Factory Shudders as China Cracks Down - Vimarsana News

The World's Billionaire Factory Shudders as China Cracks Down

Andrew Pyle's Top Picks: July 9, 2021 U.S. stocks climb to all-time highs while bonds retreat John Zechner's Top Picks: July 8, 2021 Meme stocks are on brink of bear market as retail frenzy fades Banks poised for 13% dividend boost when OSFI allows Brian Madden's Top Picks: July 7, 2021 Dennis Da Silva's Top Picks: July 6, 2021 Ross Healy's Top Picks: July 5, 2021 Telus, Enbridge greenium boosts sustainability-linked bonds Alex Ruus' Top Picks: July 2, 2021 We're #28! TSX rides commodity rally to outpace Dow Industrials Colin Stewart's Top Picks: June 30, 2021 U.S. stock euphoria abates at en...

World's billionaire factory shaken as China cracks down on 'savage growth' - Vimarsana News

World's billionaire factory shaken as China cracks down on 'savage growth'

It was the kind of brazen PR stunt that Jack Ma might have dreamed up. But this wasn’t the flamboyant Chinese billionaire who disappeared from public view eight months ago. It was Mark Zuckerberg, bobbing up and down on a hydrofoil surfboard, clutching an American flag and exuding all the confidence of a man worth $130 billion. The contrast between the social media mogul’s July 4th Instagram video and the day’s big event in China could hardly have been starker. Regulators in Beijing had just hours earlier banned Didi Global Inc.’s ride-hailing service from app stores, delivering...

Why is China cracking down on Alibaba? - Vimarsana News

Why is China cracking down on Alibaba?

Feb 17, 2021 HONG KONG – Since the Chinese authorities suddenly halted fintech conglomerate Ant Group’s planned initial public offering in autumn 2020, its parent company, e-commerce king Alibaba, has been facing harsh regulatory scrutiny. On Christmas Eve, China’s antitrust authority announced that it was investigating the firm’s exclusive business practices. And Alibaba’s founder, Jack Ma, recently eased concerns regarding his fate by appearing in public for the first time since last October, when he delivered a speech criticizing financial regulation in China. The mere a...

Worsening U.S.-China Tensions Put Companies in Crosshairs - Vimarsana News

Worsening U.S.-China Tensions Put Companies in Crosshairs

Worsening U.S.-China Tensions Put Companies in Crosshairs Bloomberg 1/12/2021 Bloomberg News (Bloomberg) -- The Trump administration’s final days are proving as confounding as ever for companies and investors stuck in the middle of an increasingly contentious U.S.-China relationship. After a week of widespread confusion over the scope of a U.S. ban on investments in businesses linked to China’s military, both Washington and Beijing took steps over the weekend that threaten to further ratchet up tensions and cloud the outlook for cross-border commerce. Secretary of State ...

Source: msn.com
Trump's Final Days Bring New Turmoil to U.S.-China Relations - Vimarsana News

Trump's Final Days Bring New Turmoil to U.S.-China Relations

Worsening U.S.-China Tensions Put Companies in Crosshairs Bloomberg 1/12/2021 Bloomberg News (Bloomberg) -- The Trump administration’s final days are proving as confounding as ever for companies and investors stuck in the middle of an increasingly contentious U.S.-China relationship. After a week of widespread confusion over the scope of a U.S. ban on investments in businesses linked to China’s military, both Washington and Beijing took steps over the weekend that threaten to further ratchet up tensions and cloud the outlook for cross-border commerce. Secretary of State ...

Source: msn.com