A nascent Nuro challenger from China has its sight set on the delivery market in the US and has just raised some seed funding to advance its ambitions. Whale Dynamic, a Shenzhen-based autonomous …
Monthly Archives For March 2022
China completes construction of Uganda’s air cargo terminal
Workers transfer commodities at the newly Chinese-constructed air cargo terminal at Entebbe International Airport, Central Region, Uganda, March 19, 2022. (Photo by Li Nan/Xinhua) The Entebbe …
China reports first coronavirus deaths in more than a year
Battling its worst COVID-19 outbreak in two years, China reported its first virus fatalities in over a year on Saturday. Two patients died in the northeastern Jilin province, raising the country’s …
An economist explains why Saudi Arabia and China are looking to ditch the dollar in a new oil deal — and where Beijing could target next as it spreads yuan adoption
“A potential deal in yuan is a sign that the world is looking for some counterweight to the US dollar,” said a Boston College economist.
Spring scenery at Summer Palace in Beijing
People visit the Summer Palace in Beijing, capital of China, March 19, 2022. (Xinhua/Chen Yehua) Photo taken on March 19, 2022 shows the spring scenery at the Summer Palace in Beijing, capital of …
China’s central bank encourages ‘controllable risks’ in fintech innovation in Alibaba’s home province of Zhejiang
A new government notice aims to improve financial services in an industry hit hard by China’s Big Tech crackdown over the past 16 months The central government has recently signalled renewed efforts …
China pledges financial support for common prosperity pilot in eastern Zhejiang
China has issued guidelines on financial support for a “common prosperity” pilot in the eastern Zhejiang province, the central bank and other authorities said on Friday.China said it will promote …
Don’t aid Russia, Biden tells China’s Xi
Face-to-face by video with Chinese President Xi Jinping, President Joe Biden laid out Friday the stiff consequences China would face from the U.S. if it provides military or economic assistance for …
China’s fiscal revenue up 10.5% in first two months
China’s fiscal revenue registered a year-on-year increase of 10.5 percent in the first two months of the year, official data showed Friday. The country’s fiscal revenue amounted to 4.62 trillion yuan …
6 takeaways from China’s ‘two sessions’ and the economic turmoil that followed
Optimism and vows of stability at Beijing’s annual parliamentary sessions were followed by stock market losses and growing concerns over the Ukraine war’s impact on China From job growth and common …
Bitcoin And Crypto Price Crash Triggers Serious Coinbase Warning
Veteran fund manager Jim Chanos has issued a serious warning over crypto exchange Coinbase—calling the crypto exchange a “bubble …
BRI: Digital know-how along China’s BRI will set future global tech standards
Dale Aluf, Director of Research & Strategy at SIGNAL (Sino-Israel Global Network & Academic Leadership) said China is already leading the world in artificial intelligence, blockchain, 5G, and quantum …
China’s Covid-19 Flare-Up Threatens Backlog at Busy Port of Shenzhen
While the critical Port of Shenzhen remains open, ship congestion is growing as trucks are unable to move cargo, with the city enduring restrictions.
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