The need to clarify standards and fine-tune regulations shows how China’s regulatory regime has lagged behind developments.. Read more at straitstimes.com.
Monthly Archives For May 2021
ByteDance eyes China’s $1.7 trillion e-commerce sector
With its push into social commerce ahead of its IPO, ByteDance is stepping into territory so far controlled by Jack Ma.
See the Difference: How do you see the rise of Chinese brands?
While some foreign brands recently sparked outrage in China for their decision to stop using Xinjiang cotton, domestic brands such as Li-Ning and Anta Sports picked up steam for their support of …
China donates oxygen concentrators to India to help fight COVID-19
A first batch of 100 oxygen concentrators, 40 ventilators and other anti-pandemic supplies donated by the Red Cross Society of China arrived in India on Monday. Chinese companies and private …
New business models discussed at China Int’l Consumer Products Expo
The “Global Consumption Innovation & Duty Free and Travel Retail Conference” was held at the ongoing China International Consumer Products Expo, on May 7, in Haikou, the capital of Hainan province in …
Over 300 million doses of COVID-19 vaccines administered in China
More than 308 million doses of COVID-19 vaccines had been administered across China as of Friday, the National Health Commission said Saturday. The new tally came as worldwide COVID-19 cases passed …
China rocket crash: US blamed for hyping fears of uncontrolled rocket reentry as space race heats up
For a week, China’s Long March 5B grabbed global attention, as space agencies and experts closely tracked its trajectory, speculating where debris would fall upon the rocket’s uncontrolled reentry.
Alibaba’s Ant Group will let more users test China’s digital yuan
MYbank, an online bank in which Ant has a 30% stake, is now allowing some users to link accounts with China’s digital currency app, state-backed media said.
Leopard on the loose in eastern China after zoo escape
Authorities in eastern China were still hunting for the last of three leopards that escaped from a safari park, officials said Monday, while the park was facing criticism for concealing the breakout …
Capital Calls: Chinese e-insurance IPO warns Wall Street
(The author is a Reuters Breakingviews columnist. The opinions expressed are their own. Refiles to insert correct headline.) HONG KONG (Reuters Breakingviews) – Concise insights on global finance.
Alipay becomes available in China’s digital yuan wallet, 7th commercial bank participating in digital currency’s trial run
MYbank, backed by Alibaba’s Ant Group, has been officially included and activated in the digital yuan wallet in recent days, the Global Times learned, making it the 7th commercial bank that …
COLUMN-China’s commodity imports present increasingly mixed picture: Russell
Depending on your viewpoint, China’s imports of major commodities in April were either a sign of the ongoing strength as the world’s second-largest economy continues its post-pandemic recovery – or …
China to set up separation line on Mount Everest over Covid-19 fears
Mount Everest straddles the China-Nepal border, with the north slope belonging to China – Copyright AFP PRAKASH MATHEMAChina will set up a “separation line” on the peak of Mount Everest to avoid …
