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DANWEI – The online finance war between Alibaba and Tencent is heating up as Tencent announces support for offline payments, and rumors say Alibaba might be given permission to operate a private bank. Also this week: Investors complain about Qingshan Paper’s expansion plans; the NDRC may soon release a list of low-cost Chinese medicine preparations; and more.
The bankruptcy of solar firm Suntech, once a poster boy for Chinese innovation, has sparked debate about future government policy and China’s ability to move up the industrial value chain.
Waste management has been a laggard in China’s rapid development but now forces are aligning to boost prospects for the sector
11 Sep 2014
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