China’s banking and insurance regulator on Saturday issued draft rules on commercial banks’ online lending business, in a move to rein in financial risks. ( read original story …)
Monthly Archives For May 2020
The World’s First Multilingual Big Data Terminology Book Published in China by CSPM
Big Data Terminology, the world’s first multilingual terminology book on the subject, was published in May 2020 in Beijing by China Science Publishing & Media Ltd. (CSPM) and has been released … ( read original…
Stock Alert: China Rapid Finance Spikes 147%
(RTTNews) – China Rapid Finance Ltd (XRF) shares are surging on Wednesday morning trade as it announced the execution of a set of agreement with Yong Bao Two Ltd or YBT. Upon the closing, YBT…
China Telecom: Blockchain Has Significant Use-Cases for 5G
In a recent interview, China Telecom chairman said that blockchain has high-potential use cases to enhance 5G network services. Jiang Wei, the chairman of China Telecom Blockchain and Digital … ( read original story …)
‘What about COVID-20?’ U.S. cuts funding to group studying bat coronaviruses in China
Funding for EcoHealth Alliance’s research into bat-borne coronaviruses in China was abruptly terminated. It hasn’t been given a full explanation why. ( read original story …)
USS Montgomery, USNS Cesar Chavez enter South China Sea to support drill ship
The USS Montgomery and the USNS Cesar Chavez sailed into the South China Sea this week in support of the West Capella drill ship, according to U.S. Indo-Pacific Command. ( read original story …)
2020 Global Cloud Shopping Festival from Shenzhen’s Nanshan District
Shenzhen’s Nanshan District has launched “2020 Global Cloud Shopping Festival, Trip to Nanshan”, from April 25 to June 30, … ( read original story …)
Coronavirus: What did China do about early outbreak?
The US and other countries have raised questions about whether China was fully transparent when the virus first emerged there. So what do we know about what happened in China, and what did it say…
Coronavirus has created a rift between the US and China that may take a generation to heal
The novel coronavirus has destroyed lives and livelihoods in both the United States and China. But instead of bonding the two nations together to fight the pandemic, it has sent their already strained … (…
China’s central bank skips reverse repos Saturday
As no reverse repos matured Saturday, there is no net liquidity withdrawal from or net liquidity injection into the banking system. A reverse repo is a process in which the central bank purchases … (…
China reports one new coronavirus case, 15 asymptomatic cases
China reported one new coronavirus case for Friday, unchanged from the day before, data from the national health authority showed on Saturday. One new imported case was recorded on May 8, the National … (…
In China, 80 million may already be out of work. 9 million more will soon be competing for jobs, too
The pandemic all but shut down China for several weeks this year, wreaking havoc on the world’s second largest economy and forcing millions of people out of work. ( read original story …)
Sheriff sues China over virus-related losses
The sheriff of a Louisiana parish filed a federal lawsuit Friday against China, claiming it unleashed coronavirus and then lied about how potent it was. ( read original story …)
