China is determined to push out Bitcoin, the price of which has drastically halved since it once topped $20,000 a coin, but the country has always been a staunch supporter of blockchain, the underlying technology…
Monthly Archives For February 2018
China drafts technology standards for autonomous vehicles: ministry
China is drafting technology standards for autonomous vehicles and setting up test bases, an official said at the State Council Information Office’s press conference on Feb. 7. “We are working with relevant departments to formulate…
China in world-first deployment of experimental electromagnetic rail ‘supergun’ aboard a warship
The US-BAE rail gun is intended to fire a 10kg projectile at Mach 7 (8500km/h) over 150km. China is believed to have acquired a key technology enabling the development of the electromagnetic weapon after the…
Tencent-backed We Doctor scales up to prepare for planned Hong Kong IPO
Read more: Five most highly-anticipated Chinese tech IPOs for 2018 Founded in 2010 … Online healthcare has become a thing in China, and We Doctor plays a crucial role in the sector. Users get to…
China’s Didi, SoftBank target Japan in taxi-hailing push
SHANGHAI/TOKYO (Reuters) – China’s Didi Chuxing and SoftBank Group Corp will roll out a venture in Japan later this year to provide ride-hailing services, amid a global battle to control the technology increasingly central to…
China Hamburger Market Research Report 2018
China Hamburger Market is provided in the report based on product scope and market status & outlook. The market is segmented on the basis of type, end-users/application, and geography. The report provides information about the…
Aramco’s IPO Listing, going east or west
Saudi Arabia is still in talks with strategic investors such as China, Japan, the US … As time is running out the decision shows that the initial public offering (IPO), which could be the biggest…
Police in China are wearing facial-recognition glasses
Beijing-based LLVision Technology Co. told ABC News it is the developer behind the glasses used by Zhengzhou railway police. In a publicity video the company published in December on China’s popular messaging platform WeChat, Wu…
China Bank nets P7.4B
Sy family-led China Banking Corp. grew its net profit last year by 15 percent to P7.4 billion on the back of sustained growth in core lending and fee-based businesses. This translated to a return on…
From travel and retail to banking, China’s facial-recognition systems are becoming part of daily life
The future is already here – and there is no going back. Looking like the main characters Neo and Trinity from the dystopian science fiction film franchise The Matrix, police at a railway station in…
A New Era for China’s Central Bank
The next governor of the People’s Bank of China has a broader, more conceptual inbox than is typical of incoming central bankers. Zhou Xiaochuan has held the post since 2002 and has hinted that retirement…
The Chinese banking system: Much more than a domestic giant
One of the recent upgrades to the Bank for International Settlements’ (BIS) banking statistics is an enlargement in the set of reporting countries. With China recently joining the BIS Locational Banking Statistics, it is now…
Someone hacked China’s central bank mailbox to email a bogus notice about bitcoin crackdown
Bogus press invitations have been distributed to US media organisations claiming that the Hong Kong Monetary Authority (HKMA) and People’s Bank of China (PBOC) are about to jointly introduce new measures to crack down on…
