The People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) have begun testing its central bank digital currency (CBDC) or digital yuan for cross-border transfers, according to a …
Monthly Archives For April 2021
Bombay High Court allows China’s ByteDance to operate Indian bank accounts
MUMBAI: The Bombay High Court on Tuesday permitted Chinese company ByteDance to operate its Indian bank accounts, that had been frozen by the Goods and Services Tax (GST) authorities over alleged tax …
IFAD: China needs to ensure its poverty eradication sustainable
“Has China eradicated poverty?” is thus, in my opinion, not the appropriate question. The right question – and most relevant today – is:”Are China’s extraordinary achievements sustainable?” Second, …
MOYI Collaborates with China Construction Bank New York Branch for Research Effort Focused on New Technologies for Improved Banking Services
The China Construction Bank New York Branch has been specializing in comprehensive wholesale corporate banking services, including trade finance, treasury products, time & demand deposits and USD …
Ebang Slumps After Hindenburg Short Of China Crypto Mining Machine Group
“Ebang is yet another cautionary tale for inexperienced retail investors enthused by anything crypto-related,” Hindenburg said. “As is so common with other ridiculous China-based schemes, the company …
World’s first offline NFT art exhibition lands in China
For China, switching from a plain canvas to a crypto art masterpiece might take some time, but hosting the world’s first offline crypto-art show is a start. There are hopes China’s NFT market will …
China-Myanmar border city Ruili starts 2nd round of COVID-19 testing
With pressure from a new surge of COVID-19, the China-Myanmar border city Ruili in Southwest China’s Yunnan Province launched a second round of mass nucleic acid testing on Tuesday. A total of 238,600 …
China GDP: economic recovery from coronavirus ‘increasingly visible’ as IMF lifts China, global outlook
China’s economy is now estimated to grow by 8.4 per cent in 2021, according to the International Monetary Fund (IMF), an increase of 0.3 percentage points from January’s prediction.
Foreign diplomats give thumbs-up to Beijing 2022 preparations
Photo/Xinhua] BEIJING – During the “Experience Beijing” ice sports testing program, diplomats from multiple countries gave compliments on the preparation work of the Beijing Winter Olympics and looked …
Holiday brings travel peak as epidemic eases in China
Over the Chinese New Year in February, many people in China were forced to cancel holiday plans due to travel restrictions. With the COVID-19 epidemic now largely under control in China, many …
Beijing’s Lize Financial Business District development roadmap released
The draft for the “Comprehensive Implementation Plan for the Planning of Lize Financial Business District (2020-2030)” was recently announced, which when finalized will serve as a roadmap for the …
New Chinese Banking Rules
Clearly, this is not likely the impact Beijing intended. Washington Insider: New Chinese Banking Rules The New York Times reported last weekend that China has been putting “limits on foreign banks, …
Glory Star Announces the Commercial Application of Blockchain Technology in CHEERS Video Application and CHEERS E-Mall
Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) (“Glory Star” or the “Company”), a leading mobile and online digital media and entertainment company in China, today announced that it has …
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