Alibaba Group Holding (BABA) spinoff Ant Group has won a key regulatory nod for a capitalization plan for its consumer loan business, an indication that Ant's two-year punishment by the Chinese government is coming to an end, writes Alex Frew McMillan.BABA
Chinese regulators approved a plan by billionaire Jack Ma’s Ant Group Co. to raise 10.5 billion yuan ($1.5 billion) for its consumer unit, signaling progress in the government-ordered overhaul of the financial technology firm. The China Banking and Insurance Regulatory Commission division in Chongqing green-lit the company’s plan to lift…
China's largest coalbed methane field reports record gas output--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
TAIYUAN, Dec. 28 (Xinhua) The Qinshui coalbed methane field in north China Shanxi Province, the largest of its kind in the country, produced 6 million cubic