May 22, 2020
Alibaba and Tencent, two of China's largest Internet companies, are among Beijing's choices to set up banks, as it enlists private capital to shake up the state-dominated banking sector.Proceed to the page: http://linkis.com/EgVZW
The Chinese government is set to pour 40 billion yuan, or AU$7.8 billion, into a venture capital fund aimed at supporting startups in emerging industries and fostering innovation in the private sector.
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China’s latest food scandal: ‘leftovers, industrial salt’ used to make fake-branded food
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Health officials said Friday that nearly 20 people have gotten sick from a new strain of swine flue in the past year after coming in close contact with pigs at county or state fairs.
The Dow Jones Industrial Average slumped more than 300 points as U.S. stocks broke a five-month winning streak.
Stocks tumbled on escalating concerns about global growth prospects, especially in Europe, as new data showed deepening stresses in the continent’s economy and remarks from a leading policy maker highlighted the lack of consensus in dealing with the slowdown.
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