Blockchain technology was mentioned for the first time ever in a draft of China’s national five-year policy plan, the final version of which was approved by lawmakers and advisers at the end of an ……
Monthly Archives For March 2021
Alibaba-Backed Chinese AI Startup Megvii Files for Shanghai IPO
It now joins Lenovo Group Ltd. in taking advantage of the CDR program Beijing kicked off three years ago to lure promising startups and big names to mainland bourses. — With assistance by Charlie Zhu,…
China’s Ant Group CEO Hu departs amid regulatory-driven revamp
China’s Ant Group Chief Executive Officer Simon Hu has stepped down from his role, the company said on Friday, as the fintech giant is being … ( read original story …)
India-China border row, Covid-19 vaccine diplomacy fuelling New Delhi’s new embrace of the Quad, say analysts
China is the top producer of rare earths. , was cited as one of the reasons for the Quad’s decade-long hiatus. Australia withdrew from the grouping in 2008 to boost relations with China. between…
The disinformation tactics used by China
In the latest attack, an official falsely claimed a Uighur interviewee on a BBC programme was an actress. So what tactics does China use in the spread of misleading and false information? There have ……
Biden set for first summit with ‘Quad’ leaders as U.S. steps up efforts to counter China
President Joe Biden will take part in the first leaders’ summit of the informal international alliance known as the “Quad” on Friday as his administration steps up efforts to deal with China’s growing … (…
China’s blockchain ambitions set in stone after mention in national five-year plan
For the first time in its history, China’s five-year plan mentions blockchain specifically, as the technology heads up the country’s research and development drive. ( read original story …)
NFT Art Craze Spreads to China
The curator of the exhibition, Sun Bohan, told the publication crypto art is an emerging trend that is formed by “bridging art and blockchain-based platforms, culture, and technology.” On Thursday, a … ( read original…
China Regulator Fines Tencent, Baidu, Others Over Investment Deals
The 12 entities, including some of the country’s biggest tech companies, didn’t properly report past deals, China’s State Administration for Market Regulation said. ( read original story …)
African countries are helping China go green. That may have a downside for Africans.
The details of China’s new 5-year plan, released earlier this month, suggest China has put off the difficult steps necessary to become carbon neutral by 2060. President Xi Jinping had announced that … ( read…
China hits back at US criticism of Hong Kong election change
A Chinese official has hit back at U.S. criticism of planned election law changes in Hong Kong, noting the chaos surrounding the recent American presidential election … ( read original story …)
China regulator fines 12 firms over anti-monopoly law
China’s market regulator has fined 12 companies, including Tencent Holdings and Baidu Inc., for not disclosing past deals as authorities step up anti-monopoly scrutiny in the internet sector … ( read original story …)
Hong Kong’s electoral overhaul will not block opposition as there are also patriots among pan-democrats, Beijing official says
It was passed with 2,895 votes, without a single vote against it and just one abstention, and drew the longest applause of the day from delegates in Beijing’s Great Hall … city’s status as an…