This is the second in a two-part series on China’s growing involvement in the metaverse. Part one can be found here. Since late last year, the tech world has been abuzz about the “metaverse.” Over…
Monthly Archives For January 2022
The Chinese Watch Brand That Beat the Swiss
CIGA Design became the first Chinese brand to win a Grand Prix prize when its Blue Planet automatic wristwatch, a 46-millimeter titanium model featuring a rotating blue aluminum 3-D globe, beat five …
China Fintech PingPong Weighing $1 Billion Hong Kong IPO, Sources Say
Chinese fintech startup PingPong is considering an initial public offering in Hong Kong to raise as much as $1 billion, people with knowledge of the matter said.
No exit from zero-COVID-19: China struggles to find policy off-ramp
COVID” stance has put it at odds with the rest of the world and is exacting a mounting economic toll, but an exit strategy remains elusive as authorities worry about the ability of the healthcare…
E.China’s Zhejiang COVID-19 surge caused by Omicron variant, independent from earlier outbreaks
The epidemic flare-up in East China’s Zhejiang Province, which has registered 14 local confirmed cases in two days, is an independent outbreak caused by the Omicron variant, health authorities said on …
Beijing tightens Covid restrictions in parts of capital ahead of Olympics
Government officials have tightened Covid-19 restrictions in parts of Beijing, as China steps up efforts to prevent any disruption to the Winter Olympics next month. Areas in three neighbourhoods of …
For athletes, boarding the plane to Beijing is already a win
With just over a week until the Winter Games begin, teams are frantically trying to ensure that athletes stay virus-free to get past Beijing’s strict checks and make it to the start line as the…
This Is the Evergrande Endgame as China’s Property Problems Spread
What it means that more companies are getting into trouble …
China is blazing a trail with the digital yuan and governments around the world are watching closely
That’s because China’s new digital yuan, the first central bank digital currency in a major economy, is expected to see wider use during the games. The People’s Bank of China has been ramping up …
China to Keep Reining In Unruly Growth in Financial Sector This Year, Regulator Says
China will continue to clamp down on the “disorderly expansion of capital,” which largely refers to the unbridled growth of big internet-based firms, and will set “traffic lights” for guidance, the …
China debt: Beijing offers support to indebted Guizhou to ensure cash flow, boost investor confidence
Guizhou in southwest China has struggled to raise funds in recent years in capital markets as a result of its deteriorating credit profile Guizhou is reported to have defaulted on at least 68 debt …
China conditionally approves AMD’s $35 bln deal for Xilinx
China’s market regulator said on Thursday it had conditionally approved Advanced Micro Devices Inc’s $35 billion all-stock deal for peer Xilinx .
China Stocks Enter Bear Market as Yuan Tumbles Most in 7 Months
China’s equity benchmark slid into a bear market while the yuan tumbled the most in seven months, as the Federal Reserve’s hawkish comments added to investor concerns over the nation’s regulatory …
