by AIP Online Bureau | Nov 30, 2021 | Eco/Invest/Demography, Facts, Policy, Technology, Workplace/Employee Benefits
In a statement, the transport ministry said ride-hailing companies should improve income distribution mechanisms. It also said anti-monopoly measures will be stepped up against such companies and a “disorderly expansion of capital” will be prevented in the sector.The...
by AIP Online Bureau | Nov 21, 2021 | International News, Life, Policy
Many foreign financial institutions are looking to expand their onshore presence in China, taking advantage of a relaxation of ownership restrictions for foreign players in the asset management, insurance and securities broking sectors. Allianz said on Wednesday that...
by AIP Online Bureau | Nov 20, 2021 | International News, Regulation, Risk Management, Technology
In December last year, it fined Alibaba, Tencent-backed China Literature and Shenzhen Hive Box 500,000 yuan each for not reporting past deals properly for antitrust reviews, the first time it had ever done so. BEIJING: China’s market regulator on Saturday said...
by AIP Online Bureau | Nov 16, 2021 | Eco/Invest/Demography, International News
As computed by McKinsey, 68% of global net worth is stored in real estate. The balance is held in such things as infrastructure, machinery and equipment and, to a much lesser extent, so-called intangibles like intellectual property and patents.Financial assets are not...
by AIP Online Bureau | Nov 9, 2021 | Eco/Invest/Demography, Indian News
Mark Mobius “India is on a 50-year rally,” even if there are short bouts of bear markets, Mobius said in an interview on Bloomberg Television. “India is maybe where China used to be 10 years ago,” said Veteran investor Mark Mobius , adding the government policies of...
