China will continue to advance the development of its central bank digital currency and improve its design and usage, the People’s Bank of China governor Yi Gang said on Tuesday. China is a …
Monthly Archives For November 2021
China offers cheaper green loans
Green loans are now cheaper in China after the central bank changed its framework. Banks are expected to participate actively. Some see this as an …
Food makers upgrade to meet China’s evolving tastes Food makers upgrade to meet China’s evolving tastes
Some of the well-known brands, such as Japanese beer Asahi, have appeared in the food section of the 4th China International Import Expo for the first time.
LinkedIn announces plans to shut down in China. What does it mean for brands?
LinkedIn announced they’ll be shutting down their Mainland China version of the platform. This wasn’t another case of the Great Firewall switching off the lights for a …
Fed warns China’s property problems could hurt global markets and the US economy
Troubles in China’s vast real estate sector could spill over to the global economy — including the United States, according to the Federal Reserve.
NE China’s Dalian suspends schools to prevent COVID-19 cluster infections
Photo: VCG Schools in Dalian, Northeast China’s Liaoning Province, were suspended on Tuesday to prevent cluster infections. The city reported 32 new local infections on Tuesday, including five …
The U.S. urges Beijing to release a Chinese citizen journalist who highlighted Covid.
Zhang Zhan, who was imprisoned after exposing the failures of the government’s initial response to the coronavirus outbreak in Wuhan, is near death, friends and family say.
China Has Overplayed the Outrage Card
In Chinese-speaking communities beyond the reach of Beijing’s censorship regime, the song “Fragile” has been an unexpected hit. With more than 26 million views on YouTube since dropping in mid-October …
What China’s Big Celebrity Crackdown Means For Luxury
But in 2021, the expanding scrutiny of China’s booming celebrity culture crackdown carries especially strong long-term implications for the marketing efforts of luxury brands that have come to depend …
Chinese Investors Get Cold Feet as Increasing Number of IPOs Fall Below Offer Price
The number of Chinese investors abandoning their pre-listing share subscriptions is on the rise as a big proportion of initial public offerings on the two mainland bourses that offer a more relaxed …
Beijing 2022: Polish luger says Beijing barrier crash could have been a ‘tragedy’
Polish luger Mateusz Sochowicz said his accident while training on the Olympic track near Beijing on Monday could have resulted in “tragedy” if he had not taken evasive action to try to avoid a closed…
Beijing Olympics promises beer, shopping inside Games bubble
Organisers of the Beijing Winter Olympics sought to assure participants on Tuesday that the February event would operate nearly as normal, with vendors selling souvenirs, foreign cuisines and beer at …
The Fed warns that China’s property market stress poses a risk to the U.S.
The U.S. central bank voiced concern as China Evergrande’s debt troubles have raised alarm in global financial markets and at home.
