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PBOC Q&A: What Regulators Want From Ant Group

PBOC Q&A: What Regulators Want From Ant Group Ant Group’s headquarters in Hangzhou, East China’s Zhejiang province. Photo: VCG On April 12, the People’s Bank of China (PBOC), the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange jointly interviewed Pan Gongsheng answered journalists’ questions on behalf of these authorities. Why did financial management authorities interview Ant Group again? Pan Gongsheng: The Fifth Plenary Session of the 19th Central Committee of the Chinese Communist Party, the Central Economic Work Conference, and the Ninth Meeting of the Central Financial and Economic Affairs Commission have clarified that China should intensify efforts to oppose monopolies and

The growing threat of China s lawfare

© Getty Images In March, Qi Shi, the official journal of the Central Committee of the Chinese Communist Party (CCP), published Chinese leader Xi Jinping’s article, in which he explains how to construct the Chinese socialist legal system. This is an important development. Compared with his predecessors, Xi’s ideas of law are more deceitful because they use familiar terms such as “rule of law,” “law-based” and “justice.” In practice, Xi increasingly uses law as a weapon to crack down on dissent to ensure regime security, while simultaneously employing it as a weapon in the CCP’s quest for world hegemony. 

China s Improvised Mask Diplomacy in Chile - Carnegie Endowment for International Peace

Carnegie Endowment for International Peace Francisco Urdinez Source: Getty Summary:  During the pandemic, Chinese medical and equipment supplies to Chile have come mostly from a diverse cast of Chinese players with local experience in Chile. They adapted to Chile’s unique system of emergency and disaster management. Related Media and Tools If you enjoyed reading this, subscribe for more! Thank you! Preface China has become a global power, but there is too little debate about how this has happened and what it means. Many argue that China exports its developmental model and imposes it on other countries. But Chinese players also extend their influence by working through local actors and institutions while adapting and assimilating local and traditional forms, norms, and practices.

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