For decades, the U.S. card giant was the only electronic-payments provider at the Games. Not this time.
Monthly Archives For February 2022
HSBC Private Banking looks to China for growth
HSBC’s head of global private banking in China, Jackie Mau, explains the lender’s onshore ambitions, the future of Wealth Connect, plans for new offices and how and why China differs from other …
China issues five-year plan for financial standardisation
China’s financial regulators have issued a plan to advance standardisation of the financial sector over the 14th Five-Year Plan period (2021-2025).
China’s outstanding local gov’t debts over 30 trln yuan by end-December
China’s outstanding local government debts came in at 30.47 trillion yuan (about 4.79 trillion U.S. dollars) by the end of December 2021, official data showed Wednesday. The volume was well below the …
Economic Watch: Carbon neutrality push promises robust growth for China’s green bond market
China’s green bond market is likely to expand in 2022 and for years to come as the country is spurring investment into its pursuit of peaking carbon emissions and reaching carbon neutrality, analysts …
US-China competitiveness bill sparks battle over e-commerce
Industry groups and powerful corporations are battling over a bipartisan bill that aims to crack down on the sale of counterfeit products online. Etsy, eBay and other e-commerce firms are lobbying …
Blockchain Technology Market Size Worth $1,431.54 Billion By 2030: Grand View Research, Inc.
The global blockchain technology market size is expected to reach USD 1,431.54 billion by 2030, growing at a CAGR of 85.9% from 2022 to 2030, according to a new report by Grand View Research, Inc.…
BEIJING DIARY: Testing positive at the no-COVID Olympics
The phone call comes in the early afternoon, six hours or so after the mandatory morning test. The number is immediately recognizable because it’s so strange: a U.S. dialing code when the Chinese …
China’s Anti-Graft Show Is Educational, With Unintended Lessons
A documentary created to celebrate the success of China’s anti-corruption campaign instead has aired the dirty laundry of the Communist Party.
Winter Olympics: Tennis star Peng Shuai is vanishing. Much like China’s #MeToo movement
The movement that fights sexual harassment flickers in and out of sight in China, just like tennis star Peng Shuai after she retracted a sexual assault claim against a senior Chinese official.
China’s zero-Covid policy threatens global economic growth, says Bank of Japan policymaker
The warning by a Bank of Japan policymaker follows a similar message by International Monetary Fund head Kristalina Georgieva suggesting that China reassess its approach to the virus.
Chinese authorities’ ‘half-hearted’ measures aren’t enough to support the property market: Credit Suisse
Suresh Tantia of the investment bank says China’s property bonds are likely to “die a slow death” without a “financial bazooka” from the country’s central bank or a “fiscal bazooka” from the …
US-China trade deal a ‘historic failure’ with purchases more than 30 per cent short of target, PIIE report says
China bought only 57 per cent of the US exports it had committed to purchase under the phase-one trade deal with the United States, according to a new report by the Peterson Institute for …
