VeChain supply chain management platform has announced a new service for companies to revisit their data management practices in …
Monthly Archives For August 2021
China’s central bank official says cryptocurrencies have no actual value
An official of China’s central bank does not recognize that Bitcoin and other cryptocurrencies have actual value.
China’s SenseTime prepares for Hong Kong IPO despite tech regulations and US blacklist
China’s artificial intelligence start up SenseTime Group has identified the mainland’s tightening technology regulatory regime as a key risk for investors in its proposed Hong Kong initial public …
China reports 21 new coronavirus cases for Aug 27 vs 32 day ago
People wearing protective face masks walk on a street, following new cases of the coronavirus disease (COVID-19), in Shanghai, China August 25, 2021. (Photo: Reuters) China reported 21 new confirmed …
Shenzhen announces construction of world’s largest LEGOLAND resort
Construction of the world’s largest LEGOLAND resort has begun in Shenzhen, parent company Merlin Entertainments announced on Thursday. Siegfried Boerst, general manager of the LEGOLAND Shenzhen Resort …
China’s Rich Write Checks to Show Solidarity With the Poor
As a teenager, Chinese President Xi Jinping swapped a life of privilege in Beijing for an impoverished village, joining millions of urban youngsters “sent down to the countryside” during the Cultural …
Beijing opposes Tokyo-Taipei security talks, urges Japan to
China has lodged a strong opposition to first-ever security talks between the ruling parties of Japan and Taiwan and urged Tokyo to stop interfering in China …
How China pursues ‘no ethnic group left behind’ policy How China pursues ‘no ethnic group left behind’ policy
Not a single ethnic group should be left behind, be it in China’s drive to eliminate absolute poverty, build a moderately prosperous society in all respects or to build a modern socialist country, …
China condemns sailing of US destroyer through Taiwan Strai
China on Saturday condemned the United States for sailing a guided-missile destroyer and a coast guard cutter through the Taiwan Strait calling Washington a ma …
China’s Consumer Spending Is Weak. Electric Vehicles and Luxury Goods Are Bright Spots.
Devastating floods, a Covid-19 resurgence, and continuing government crackdowns on business have put the economy on edge. But consumer sales have especially lagged.
Lower provisions help Bocom, ICBC, CCB and Postal Savings Bank post strong first-half profit
Postal Savings Bank of China reported the highest first-half profit among lenders that published results on Friday. Bocom president optimistic about full-year outlook.
China cracks down on ‘harmful’ financial news
China has begun a two-month campaign to crack down on commercial platforms and social media accounts that post finance-related information that is deemed harmful to its economy. And in a further sign …
Data security law: China orders state firms to migrate to government cloud services
Notice comes just days before a national legislation comes into effect, with penalties of up to 10 million yuan for violations.