RSHP have won the design competition of the Qianhai Financial Holdings Headquarter Tower, a mixed-use commercial building in the center of the Qianhai district …
Monthly Archives For June 2021
China is logically cracking down on its private tutoring sector, but why is Beijing taming it now?
An infamous slogan from a private education institution in China targeting toddlers states, “you can train your kid with us here, or we train his competitors”. It is lines like this that convince …
China administers more than 1B COVID-19 vaccine doses
Health officials in China said they have administrated more than 1 billion doses of COVID-19 vaccines. The Chinese National Health Commission said in a statement Sunday that as of the day prior it has …
Battlegrounds Mobile India allegedly sending data to servers in China: Report
Battlegrounds Mobile India is reportedly sending data to servers in China. Reports suggest that these servers are owned by China Mobile Communication and Tencent. We have reached out to Krafton for a …
Despite Krafton’s claims, Battlegrounds Mobile India data being sent to China servers
Following this, the developers of the game Krafton kept up the constant effort to reintroduce the game in India which is finally near fruition in the form of Battlegrounds Mobile India. This is …
China’s Central Bank Urges Financial Institutions to Crack Down on Cryptocurrencies
China’s central bank said on Monday it had summoned some banks and payment institutions recently, urging them to crack down harder on cryptocurrency trading. The People’s Bank of China urged the …
Why China is getting tough on crypto
Cryptocurrency prices have fluctuated wildly in recent weeks as China intensifies a crackdown on trading and mining operations. On Monday bitcoin slumped more than 10 percent after Beijing pulled the …
Bitcoin Falls to Two-Week Low as China Cracks Down on Mining
Bitcoin fell to a two-week low amid an intensifying cryptocurrency crackdown in China.The largest virtual currency fell 9% to $32,430 as of 10:21 a.m. in London. Ether declined 10% to $2,024.A Chinese …
Why is cryptocurrency crashing? Why Bitcoin, Ethereum and Dogecoin are down amid China crackdown
Bitcoin had reached around $41,000 (£29,500) on Tuesday, but started steadily falling throughout the week, before tumbling in the early hours of Monday …
China’s Annual 618 Shopping Event Shows Consumers Are Back
China just concluded its mid-year e-commerce shopping festival known as 618 (June 18). It’s the second-largest e-commerce shopping day in China—second only to Single’s Day (November 11)—and possibly …
China Trucking Startup Said to Raise $1.6 Billion in U.S. IPO
Full Truck Alliance Co., an Uber-like trucking startup, has raised about $1.6 billion after pricing shares in its U.S. initial public offering at the top of a marketed range, according to people with …
China’s Xi congratulates Raisi on election as Iranian president
Chinese President Xi Jinping sent his congratulations on Monday to Ebrahim Raisi on his election as Iran’s president, saying their two countries were “comprehensive strategic partners”, state media …
Will China become the centre of the world economy?
The global economy is shifting away from the US and Europe towards Asia. The FT’s global China editor James Kynge and FT economics commentator Martin Sandbu discuss whether China will dominate global …