) fintech arm and China’s dominant mobile payments company, plans to set up a consumer finance firm in the southwestern city of Chongqing, expanding its presence in the fast-growing domestic business, two sources told Reuters.
Ant, 33% owned by e-commerce giant Alibaba Group Holding, has already amassed a range of financial licensesincluding payments, online banking, insurance and micro lending to operate in China's vast financial market valued at trillions of dollars. The founders plan to invest a total of about 8 billion yuan in the firm as the registered capital and look to sign the agreement as early as on Friday, the sources added.Nanyang Commercial Bank and TransInfo did not immediately respond to requests for comment.
Ant Group is serving CCPChina BanChineseProducts BoycottChineseProducts
Victorians we need 500,000 of us on the steps at spring st on sept 13th 12 noon until 10pm The Daniel Andrews Government will be overthrown by the people, Victoria Police you are either with us or against us choose wisely!
China's Alipay is really powerful
interesting BTW phemex is a great exchange😉
good case
中共の?しんぱい
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Oil prices advance as China lines up boost in U.S. crude importsOil prices climbed higher on Monday, lifted by China's plans to ship in large volumes of U.S. crude in August and September, outweighing concerns over a slowdown in demand recovery after the coronavirus pandemic and an uptick in supplies. Trans mountain pipeline will be serving that market Renewable energy is the future. renewableenergy
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China reports 22 new coronavirus infections for Aug. 16, no new Xinjiang casesChina reported no new local coronavirus cases in the western region of Xinjiang on Aug. 16, according to national data, marking the first time the area's case count was zero since mid-July. realDonaldTrump SecPompeo thehill WSJ nytimes cnni business It is more like 22p cases or 2200 cases. China Communist regime lies, cheats and reports fake numbera from day one. بالاولي والاخير ..... الاسلام راح ينتصر And their information is so reliable.
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Asia stocks set to trade lower as U.S.-China tensions remainStocks in Asia Pacific were set to trade lower on Monday as tensions between the U.S. and China continue to weigh on investor sentiment. Doesn’t matter because the market has shown it cares about nothing & everything is bullish!
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2020 Democratic Party Platform: What We Know, From Health Care to ChinaDemocrats expect to use this week’s convention to introduce their party platform, which calls for universal health care and criticizes China’s trade practices but steers clear of proposals such as Medicare for All, the Green New Deal and defunding the police. All the people in that picture have Medicaid. What more do they want? to hell with democracy, it doesn't lead to anything good
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Mounting U.S.-China tensions are 'unhelpful' for Hong Kong, city's commerce secretary saysThe mounting U.S.-China tensions are not good for Hong Kong, said the city's secretary for commerce and economic development, as he urged everyone to recognize that the 'common enemy' of the world is the coronavirus pandemic. Isn’t he paid to say this? Hongkong commerce is over, is that not what the new laws said. It’s China commerce only going forward. You know what's “unhelpful” for Hong Kong ? The National Security Law.
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US finalizes sale of 66 F-16 fighters to Taiwan as China tensions escalateTaiwan will receive 66 new American-made F-16 fighter jets in the biggest arms sale to the self-governing island in years. The deal comes as China has been increasing pressure on the island, which Beijing considers an inseparable part of its territory. Does congress know this Give them 600! Billionaires making billions while the working class falls into another Great Depression. History will not be kind to Republicans nor capitalism.
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