Jack Ma says Alibaba resolved conflict with mainland regulator

  Alibaba Group Holding Ltd. resolved its problems with China’s State Administration of Industry and Commerce “at the first stage,” billionaire founder Jack Ma said during a speech in Hong Kong. The SAIC’s

LABOR RIGHTS | Focus: Cleaning up Xi’an’s mean streets

  When street sweeper Ding Quan, 58, paused to warm himself at a roadside fire after putting in a hard shift in driving snow, little did he suspect that it would

Alibaba offers young Hong Kong entrepreneurs HKD1 billion

Alibaba Group is planning to pump HKD1 billion into a not-for-profit foundation aimed at boosting entrepreneurship among Hong Kong’s younger population, international IT website ZDNet reported yesterday. According to an article

CCTV to take its New Year TV gala to a global audience 

  China says its annual Lunar New Year gala TV show is all set to go international. State broadcaster China Central Television says it’s making rights available to foreign broadcasters for the first time, and

Minsheng Bank falls as president resigns after probe report

  China Minsheng Banking Corp. shares fell after President Mao Xiaofeng resigned and a magazine reported that he’s being investigated by Chinese authorities. Mao stepped down for “personal reasons,” the bank said

Gov’t executes 2 from banned sect for murder at McDonald’s

China and India reaffirmed their warming ties Friday following U.S. President Barack Obama’s visit to New Delhi that underscored Beijing’s complicated relationship with both countries. Chinese President Xi Jinping welcomed India’s External

HONG KONG | Thousands march for democracy  in first rally since December

Thousands of pro-democracy demonstrators marched through Hong Kong’s streets yesterday in the first major rally since mass protests ended last year. Chanting “No fake universal suffrage. I want genuine universal suffrage,”

Education minister demands rejection of Western values

  China’s education minister has issued a stern warning against threats to communist ideological purity in higher education, saying Western values must never be permitted to infiltrate the classroom. Yuan Guiren reiterated the

Tibet | Authorities offer up to USD50K in cash for terror tips

Chinese authorities are offering up to 300,000 yuan (USD50,000) for tips on terrorism activities in the Himalayan region of Tibet, the official Xinhua News Agency said Saturday. China’s recent efforts to fight

China returns at 5 times Hong Kong easy choice for investors

“There will be much more downside for pure Hong Kong plays because people are buying China on a potential rate cut and a more stable economic outlook,” said Steven Leung,

Apple’s CNY sales may bring second holiday boost

Apple, which posted 70 percent revenue growth in China last quarter, may get another boost from the shopping season tied to the Chinese New Year in February. The holiday, which falls

Officials call attention to baby, gender imbalances 

Fan Hua of Shanghai’s family planning commission said this week that far fewer people than expected had taken advantage of a recent rule change that lets more households bear a

First circuit court established in Shenzhen

The First Circuit Court of China’s Supreme People’s Court (SPC), inaugurated in Shenzhen City in Guangdong province, will mainly handle major administrative, civil and commercial cases which should be heard

Tibet | Communist officials punished for helping Dalai Lama

Investigators have found that 15 Communist Party officials in Tibet joined underground Tibetan independence organizations, provided intelligence to the Dalai Lama and his supporters or participated in activities deemed harmful

Yuan joins top 5 most-used global currencies

The yuan passed the Canadian and Australian dollars in popularity in December, according to the Society for Worldwide Interbank Financial Telecommunication, which provides communications between financial institutions and companies. It

Two new billionaires emerge with Shenzhen stock rally

A rally in shares on China’s Shenzhen Stock Exchange has made Xiao Fen and Ruan Hongxian billionaires as their companies’ stocks climbed. Xiao, chairman of Shenzhen Fenda Technology Co., a consumer

Regulators criticize Alibaba in report withheld until after IPO

  Chinese regulators accused e-commerce giant Alibaba of permitting sales of fake goods and hurting consumers in a report that was withheld until now to avoid disrupting the company’s U.S. stock

Army’s call for commanders to obey Xi signals tensions

China’s military must “resolutely obey” orders from President Xi Jinping, a commentary on the PLA Daily website said, a sign Xi is seeking to quell possible dissent as his anti-graft

Beijing’s shadow looms large over Obama visit to India 

  As President Barack Obama and Indian Prime Minister Narendra Modi met in New Delhi this week, the shadow of a third player hung over the talks: neighboring China, which has complicated

Hong Kong | Industrial Bank employee said to fall to his death

A man who fell to his death at an office building located in Hong Kong’s business district was an Industrial Bank Co. employee, according to people with knowledge of the

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