BEIJING (BLOOMBERG) – China should reduce business drinking and replace it with “correct values”, the Communist Party of China’s anti-corruption watchdog said in a commentary…
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Meituan raises US$10 billion to fight Alibaba in grocery arena
BEIJING (BLOOMBERG) – Chinese delivery giant Meituan has raised US$9.98 billion (S$13.25 billion) from a record top-up placement and a convertible bonds sale as it…
Internet giants put under stricter scrutiny: China Daily
BEIJING (CHINA DAILY/ASIA NEWS NETWORK) – The anti-monopoly guidelines for the so-called platform economy released by the State Council’s anti-monopoly committee on Sunday (Feb 7)…