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During his September 2018 U.N. address, President Donald Trump threatened that the United States may decide to only give foreign aid to “those who respect us and, frankly, are our friends.” In August, the White House attempted to cut foreign aid spending by U.S.$3.5 billion. Meanwhile, China has intensified its aid and development spending globally. Pledges of Chinese aid and investment accompany numerous overseas visits by Chinese Chairman Xi...

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The MPS forwarded a cartoon and infographic about the Foreign NGO Law, which offers a general overview of the law, such as information on what defines a foreign NGO, what sectors foreign NGOs are able to work in, who registration and supervising authorities are, what paperwork is required to register or file, and what foreign NGOs are not permitted to do. As many of the details of registration and...

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Sciwind Biosciences, a Chinese drug research and development company for metabolic diseases, announced on Wednesday that it has raised a nearly RMB200 million (US$29.58 million) series A round of financing led by Beijing-based investment firm Legend...

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In the summer of 2014, Zhou Xiaoxuan, then a 21-year-old living in Beijing, filed a report with the local police. She described what had happened the previous day when she had delivered a basket of fruit to one of China’s most prominent news anchors, Zhu Jun, in his dressing room. Zhou told the police that after she entered the room, the anchor had kissed her and groped her against...

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Recently, the Jiangsu Public Security Bureau (PSB) Foreign NGO Management Department combined the two-year anniversary of the Foreign NGO Law with “110 Publicity Day” to actively promote the Law. The department posted a “authoritative explanation” of the Foreign NGO Law on a provincial PSB WeChat account, posted a related cartoon at the top of their home webpage, and coordinated with city- and county-level...

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Hong Kong-based fintech start-up FinFabrik has raised an undisclosed seed funding round led by BitMEX Ventures, an investment arm of BitMEX, owned by Seychelles-based HDR Global Trading Ltd, according to an announcement. FinFabrik was founded in 2016 to focus on issuance,...

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The question of criminal records and how they impact on Hong Kong visa applications keeps cropping up…

QUESTION

Hi, I have previously lived in Hong Kong, once as a student so obviously held a student visa and then a couple of years later working there so had an employment visa.

I’m a Canadian citizen and have a...

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China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money each workday.

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Henan Asset Management Co., an asset management company in central China’s Henan province, has inked a deal with an affiliate of the country’s state-owned China Orient Asset Management Co. to purchase nearly RMB10 billion (US$1.48 billion) worth of non-performing loans,...

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Drink, drink, oink, oink, droink droink, repeat. Plenty of baijiu for this week’s Chinese New Year holiday in Beijing and that reminded me that even more fun is ahead. And to again give thanks to all those who put their spirit into the last World Baijiu Day. Exciting to be part of this team–all the best for the Year of the Pig!

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