BEIJING—China’s ride hailing giant Didi Global Inc. said on Saturday that media reports that the Beijing city government is coordinating companies to invest in it are not correct. “Didi is currently actively and fully cooperating with cybersecurity probe, foreign media reports that Beijing city government is coordinating companies to invest in it are incorrect,” it…
Didi Denies Reports That Beijing City Is Coordinating Companies to Invest in It
China Huarong Wins State-Led Bailout, After Losses Record Over 100 Billion
Chinese bad-debt assets management company Huarong just showed the world how the Beijing authorities save troubled state-run companies that it deems too big to fail. China’s top distressed assets manager, state-owned China Huarong Asset Management Co., said on Aug. 19 that five state-owned financial institutions would invest in it after the company announced a net…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`