In November 2020, the Chinese fintech world was shocked when the initial public offering (IPO) of Ant Financial was cancelled. This IPO, which was slated to be the biggest ever, fell afoul of new rules on online lending which would have a considerable impact on Ant’s profit model. This regulatory move turned out to be the first visible step in what since has turned out to be a wholesale restructuring of the regulatory environment for large online platforms.
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In November 2020, Chinese authorities abruptly called off the highly anticipated Initial Public Offering (IPO) of fintech firm Ant Group. This was set to be the largest IPO in world history, raising perhaps as much as $37 billion. International media was immediately abuzz with speculation about what lay behind this startling decision. Many sought to pin the blame on a speech made a few days earlier at a high-profile financial conference by Ant’s eccentric founder, tech tycoon Jack Ma.
“The arts must serve the people and serve socialism” said Xi Jinping, during a symposium of prominent artists held in Beijing. It was 2014, and the world was just getting the first glimpses of the profound overhaul that the new secretary general of the Chinese Communist Party was aiming to achieve. Fast forward 7 years, China is in the process of redrawing its own entertainment sector and reshaping the connection between culture and the people.
International conflicts and crises are extremely complex phenomena and – at least from the “outside” – they should be analysed in the least biased way possible. This is not always easy to achieve, in part because Western media and expert debates often fail to include local voices, different sensitivities and less mainstream views. The Ukraine crisis is no exception. Some crucial points are taken for granted in the Western discourse, but they are still contested realities and should be framed carefully. Should NATO welcome Ukraine’s membership?
Macron sente Putin al telefono e stasera parlerà con il leader ucraino Zelensky. La via d’uscita diplomatica alla crisi ucraina passa per l’Europa?
Egypt’s situation in terms of sustainability is far from excellent. The ecological footprint per capita is already 4.5 times higher than the country's biocapacity. Furthermore, Egypt is highly vulnerable to the threat of climate change on multiple fronts, including rising sea levels, heat waves, and water scarcity. Increasing the pace of decarbonization and energy diversification with low-carbon resources is an urgent priority for the country to achieve a more sustainable future.
I principali Stati membri hanno destinato una parte minoritaria dei loro PNRR alla riforma della sanità. La sfida delle epidemie potrebbe renderli insufficienti.
Xi Jinping a Davos esalta la crescita cinese e invita ad abbandonare “la mentalità da Guerra fredda”. Intanto la Cina si prepara a festeggiare il capodanno, tra lockdown e culle vuote.
La recessione dovuta al Covid-19 è una delle peggiori della storia, ed è la più globalizzata: oltre il 90% dei Paesi si è trovato contemporaneamente in crisi economica. Il rimbalzo che l'ha seguita è però il più veloce di sempre. Grazie alla rapida ripresa della produzione industriale, infatti, il Pil globale è cresciuto molto più velocemente rispetto alla crisi finanziaria del 2008-9 o alla Grande Depressione degli anni Trenta del XX secolo. Ecco perché.
“Differenze significative non facili da superare”. Così il segretario generale della NATO Stoltenberg ha commentato il Consiglio NATO-Russia tenutosi oggi a Bruxelles, che, come previsto da molti, non ha portato ad alcun risultato concreto se non la promessa di continuare a dialogare.