Bloomberg Self-censorship is kicking in fast on WeChat as China’s new rules on message groups casts a chill among the 963 million users of Tencent Holdings Ltd.’s social network. Regulations released on September 7 made creators of online groups responsible for managing information within their forums and the behaviour of members. While they don’t take effect until October, authorities have …

Bloomberg A Beijing court has sentenced the owner of the firm behind China’s biggest online lending fraud to life in prison. Ding Ning, the chairman of Yucheng Group, was also fined $15 million for fundraising fraud, smuggling precious metals, and owning guns illegally, according to a judgment handed down by the Beijing First Intermediate People’s Court on Tuesday. Yucheng ultimately …

Bloomberg Its sovereign bonds don’t yield much more than US Treasuries, they cost less to insure than Spanish notes and its currency is more stable than China’s managed yuan. In a sign of how the flood of money into emerging markets is upending conventional wisdom, military-run Thailand with a credit rating just three levels above junk at Moody’s Investors Service …