The ruling Communist Party is tightening political control over China’s internet giants and tapping their wealth to pay for its ambitions to reduce reliance on U.S. and European technology.
Monthly Archives For October 2021
Africa internet riches waylaid, contested by China businessman
Outsiders have long profited from Africa’s riches of gold, diamonds, and even people. Digital resources have proven no different.
Juicy Couture’s New China Strategy Starts with STAFFONLY
Jing Daily connected with Juicy Couture and Shanghai’s STAFFONLY after the Californian brand’s first-ever Chinese brand collaboration.
Elon Musk savages China’s crypto ban with swipe about Xi fearing loss of ‘power’
ELON MUSK has savaged China’s latest crackdown on cryptocurrencies, claiming the politburo in Beijing sees Bitcoin and Ethereum as a threat to its power.
China greenlights three sci-tech innovation IPOs
File photo shows the debut ceremony of China’s sci-tech innovation board (STAR market) at the Shanghai Stock Exchange in Shanghai, east China. (Xinhua/Fang Zhe) BEIJING, Oct. 3 (Xinhua) — China’s …
Coronavirus: Hong Kong-mainland China border reopening requires at least 4 months of talks, government adviser says
Bilateral talks on reviving travel could continue beyond Lunar New Year, according to government adviser’s estimate.
Marvel’s ‘Shang-Chi’ was made with China in mind. Here’s why Beijing doesn’t like it.
Shang-Chi’ is the latest film to run into trouble in the country amid rising nationalism and U.S.-China tensions.
Chinese banking sector’s net external liabilities at 107.2 bln USD
File photo shows Bank of China Tower and ICBC Tower in Hong Kong Special Administrative Region, south China. (Xinhua/Li Peng) BEIJING, Oct. 3 (Xinhua) — China’s banking sector had 1.5415 trillion U.S …
China’s net external financial assets stands at $1.986 trillion
China’s external financial assets stood at $9.0278 trillion at the end of June and the external financial liabilities reached $7.0418 trillion, resulting in $1.986 trillion of net external assets. In …
China sees booming development in green finance
China has seen a big boom in developing green finance which plays a vital role in promoting the country green economic transformati …
Sweet talk: Taiwan touts sugar apples in Japan amid China ban
Taiwan is turning to Japan to find new customers for its sugar apples after top buyer China suspended imports of the luxury fruit amid festering tensions between Beijing and Taipei. Nurturing fresh …
China administered 2.213 bln doses of COVID-19 vaccines as of Oct. 2
China administered about 755,000 doses of COVID-19 vaccines on Oct. 2, bringing the number of doses administered to 2.213 billion, data from the National Health Commission showed on Sunday. (Reporting …
Beijing to resume marathon after one-year COVID-19 suspension
The marathon is expected to host about 30,000 runners, starting in Tiananmen Square and finishing at Olympic Forest Park.
