BEIJING: The number of Covid-19 cases in China reached its highest level since March 2020 today, as Beijing races to smother outbreaks just three weeks before hosting. China, where the virus first …
Monthly Archives For January 2022
China’s digital yuan wallets swell but usage lags
China’s digital currency has debuted on app stores with fanfare, with online wallets for the electronic yuan seeing mass adoption in the two weeks since a public launch, yet its actual use in …
New possibilities: when the crypto economy meets the travel industry
Amadeus’ payments business recently hosted an event for travel payments professionals and asked me to provide my views on the long-term fintech trends that might impact the future of travel. Amadeus’ …
AInnovation Technology brings out IPO
Qingdao AInnovation Technology Group, an artificial intelligence solutions start-up, has kicked off its Hong Kong IPO, eyeing proceeds of up to HK$1.22bn ($156.9m). China Renaissance, CICC and UBS are …
Omicron cases detected in Shenzhen and Beijing
In China, the number of Covid-19 cases across the county reached the highest since March 2020 on Monday, as the country reported a daily rise of 223 new infections. The first local transmission of the…
Why China Is Struggling to Boost Its Birthrate: QuickTake
Please have more babies. That’s China’s message for couples after decades of limiting most families to just one child. Why the turnabout? China is aging. China’s working-age population has been …
China’s 2021 property investment rises 4.4% y/y
BEIJING: China’s property investment rose 4.4% in 2021 from a year earlier, slowing from a 6.0% gain seen in the first 11 months of the year, official data showed on Monday. Property sales by floor…
US and China, in separate corners, wrestle with cryptomania’s excesses
Washington has moved slowly in regulating digital currency, while Beijing recently banned it outright, introducing a state-led version under direct government control.
Bottega Veneta Takes Over the Great Wall of China for Chinese New Year 2022
In its celebration of the Lunar New Year, Bottega Veneta has taken over the Great Wall of China. Check out more fashion stories on Prestige.
Beijing faces major test as first Omicron case detected weeks before Olympics
At an office building in China’s capital on Sunday, Covid control personnel lugged boxes of pillows and bedding through the closely guarded entrance for workers stuck inside, preparing for what may be …
China’s birth rate drops for a fifth straight year to record low
China’s birth rate plummeted for a fifth consecutive year to hit a new record low in 2021, despite government efforts to encourage couples to have more children in the face of a looming demographic …
China cuts rates as economy slows; Credit Suisse chairman resigns over Covid-19 breaches – business live
Rolling coverage of the latest economic and financial news …
China’s Births Hit Historic Low, Barely Outpacing Death Rate
China’s population, the world’s largest at 1.4 billion, may soon start shrinking, according to new data. Some experts say it already has.