Cao Cao Mobility, a ridesharing app, has reaped the benefits of investments from Chinese state investors as rival Didi sees itself mired in regulatory issues,...
China’s banking and insurance watchdog is looking to stiffen its oversight of insurance companies to limit financial risks and put out a draft guideline to...
On the heels of a crackdown on ride-hailing companies in China, Beijing’s local government has suggested investing in Didi Global Inc. to wrestle control away...
Unfair market practices are at the center of a new crackdown on ride-hailing companies in China, with the country’s Ministry of Transport and other watchdogs...
TikTok parent ByteDance is curtailing its FinTech operations and selling off its stock brokerage business as Chinese regulators continue to wield power over companies that...
China’s central bank is planning to provide 300 billion yuan, or $46.4 billion, in low-cost funding to aid banks in providing support for small- and...
China’s State Administration of Market Regulation (SAMR) said on Monday (Aug. 30) that it plans to beef up its supervision of the country’s peer-to-peer (P2P)...
If data represents the “new oil,” as they say – powering the engines of commerce and media in China – one wonders what happens when...
The Chinese government is cracking down on financial journalists and commentators who aren’t officially registered with the government, the Global Times, an English-language newspaper controlled...