Category: market

China Market Regulator Fines 12 Firms for Violating Anti-Monopoly Law

March 12, 2021
anti-monopolyBusinessChinaChina Business & EconomyChinese RegimeCompaniesfirmslawmarketregulator
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BEIJING—China’s market regulator said on Friday it had fined 12 companies related to 10 deals that violated anti-monopoly rules. The companies included Baidu Inc., Tencent Holdings, Didi Chuxing, SoftBank, and a ByteDance-backed firm, the State Administration for Market Regulation (SAMR) said in a statement on Friday. The companies were fined 500,000 yuan ($77,000) each for…

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Reddit Forum Sparks Physical Silver Shortage on Major Dealers’ Websites

January 31, 2021
marketsilverUS News
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Several major silver, gold, and other precious metal dealers say they’re suffering shortages of silver—in particular—after Reddit users in the popular forum WallStreetBets called for users to make a run on the precious metal. Bullion dealers wrote on their respective websites about shortages of physical coins. APMEX wrote that “due to unprecedented demand on physical…

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China Insider: Experts Call for Suspension of EU-China Investment Deal

January 29, 2021
BusinessChinaChina InsiderChina regimeeconomyEUEU-China Comprehensive Investment AgreementEuropeEuropean Unionhuman rightsInvestment DealmarketNews Videostechnology transferVideovideo specialWorld
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After seven years of negotiations, the Chinese communist regime and the European Union reached the EU-China Comprehensive Investment Agreement in December 2020. Although the Chinese Communist Party (CCP) has made promises to the EU such as market access and no more forced technology transfer, many have questioned and criticized this agreement.