I was lucky.” Ant may not be a household name in most of the world, but the Chinese fintech behemoth controlled by Jack Ma has set off an investor frenzy for the history books. Brokers…
Monthly Archives For October 2020
China’s Next Economic Transformation: Going Carbon Neutral by 2060
In the biggest climate commitment made by any nation, China pledged to go carbon neutral by 2060. While it will be challenging for Beijing to achieve its goal, China’s plan to become a green ……
China’s Alibaba And Ant Group Billionaire Jack Ma Calls For Radial U.S. Banking Overhaul
Ma has warned new “digital currencies,” such as bitcoin and China’s digital yuan, could be used to establish a new type of banking and financial system—and called for an overhaul of U.S.-led banking … (…
Will China’s Digital Yuan Replace the Dollar? | Opinion
The real story of digitalization of the yuan is not what it will do to further currency internationalization but what it says about a rapacious party-state demanding complete control internally. ( read original story …)
China blasts US charges against agents seeking man’s return
China on Thursday accused the U.S. of seeking to smear Beijing’s efforts to pursue fugitives, a day after the Justice Department charged eight people with seeking to coerce a New Jersey man who was ……
Factbox: Key details from fifth plenum of China’s Communist Party
Chinese President Xi Jinping and the Central Committee, the largest of the ruling Communist Party’s top decision-making bodies, have concluded a four-day meeting on China’s economic and social policy … ( read original story …)
China Leadership Says Economy Will Reach Mid-Level Within 15 Years
Chinese leaders vowed Thursday to pull China’s per-capita output levels up to that of “the middle level of developed economies” within 15 years, an ambitious task that economists say will require … ( read original…
Chinese, U.S. military chiefs hold crisis communication, says China defence ministry
Chinese and U.S. military chiefs held talks on crisis communication this week, amid heightened tensions between the two military superpowers this year in the South China Sea, with the United States … ( read original…
China says will achieve sustained, healthy growth in 2021-2025
China will achieve sustained and healthy economic development in 2021-2025, with an emphasis on a higher quality of growth, Xinhua news agency said on Friday, citing the ruling Communist Party’s … ( read original story…
China’s 2060 net-zero goal needs large-scale negative emissions tech
China pledged last month to reach carbon neutrality by 2060, but to do so may require extracting 2.5 gigatonnes of carbon dioxide from the air each year … ( read original story …)
China’s young billionaires are riding the tech boom. Here are the 20 richest
China’s young billionaires amassed a combined fortune of more than $223 billion this year as the country enjoyed its fastest year of wealth accumulation even as the world battles its worst economic … ( read…
China shares end higher as consumer stocks shine on upbeat earnings
China stocks reversed earlier losses to close higher on Thursday, bucking a global selloff, supported by the consumer sector after leading companies posted robust third-quarter earnings. ( read original story …)
Biden’s China plan: Bring allies
Joe Biden is planning to confront China across the globe, embracing some of President Trump’s goals but rejecting his means. The big picture: By starting a trade war with China, Trump has … ( read…
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