Tag: China
China’s Antitrust Regulator Looks To Tighten Enforcement In 2022
China’s top market regulator plans to tighten enforcement of antitrust and anti-unfair competition rules in 2022, the head of the agency said, signaling that...
China’s Antitrust Head Signals Tighter Legal Enforcement
The anti-monopoly bureau in China plans to ramp up its action against monopolistic behavior, according to chief Gan Lin, Reuters reports.
Last month China had...
Germany Probes Maersk’s Planned Sale of Reefer Containers To Chinese Company
Germany’s Federal Cartel Office is taking a closer look into the proposed sale of Maersk’s refrigerated container manufacturing unit to China International Marine Containers,...
China Fines Big Tech For Failing To Report Deals
China's market regulator on Saturday said it was fining companies including Alibaba, Baidu and JD.com for failing to declare 43 deals that date as...
China Has New Chief Of National Anti-Monopoly Bureau
China's State Council has appointed a female deputy minister at its market regulator to head the antitrust bureau, reported Reuters.
Gan Lin, currently deputy minister...
JD.com To Grow Overseas As China’s Tech Giants Look To Take...
JD.com plans to increase investment overseas, one of its top executives told CNBC, as Chinese e-commerce giants look to tap international users.
The technology giant...
US Has New Legislation Regulating Chinese Big Tech
President Biden signed legislation to prevent companies like Huawei Technologies or ZTE that are deemed security threats from receiving new equipment licenses from US...
Chinese Watchdog Summons Alibaba, Meituan For “Unfair Competition”
Chinese market watchdog summoned 16 e-commerce platform operators – including a branch under Alibaba Group Holding, Meituan’s group-buying business, and Vipshop – to warn...
China Tightens Rules Regulating Mutual Funds
Chinese regulators moved to tighten oversight of the nation's 23.9 trillion yuan (US$3.7 trillion) mutual fund market, banning product recommendations by unlicensed firms and...
China’s Big Tech Crackdown May Be Winding Down
China’s top financial regulator said he expects to achieve significant progress in the ongoing crackdown on fintech firms before the year-end, reinforcing speculation that...