Since China started trials of its digital currency in 2019, more than 20 cities have conducted consumer-targeted promotions and now the country is exploring corporate use cases.
Monthly Archives For June 2022
Finance Ministry issues 7.5 billion yuan treasury bonds in HK
China’s Ministry of Finance (MOF) issued yuan-denominated treasury bonds worth 7.5 billion yuan ($1.13 billion) in the Hong Kong Special Administrative Region (HKSAR) on Wednesday, the first batch of …
Lithuania plans September opening of Taiwan office, says China exports at zero
TAIPEI: Lithuania plans to open a representative office in Taiwan in September, one of its deputy ministers said on Wednesday (Jun 15), part of a bolstering of ties with the island that has infuriated …
China evinces interest in importing coconut oil from India
China is reported to have evinced interest in sourcing coconut oil from India and could import it for the first time. Sources in the know told BusinessLine that India has so far not exported coconut…
Crypto Hedge Fund’s Ominous Tweet Is Latest Shock to Market
A vague tweet by a founder of Three Arrows Capital, an influential hedge fund that has been liquidating crypto holdings as prices plummeted, is stirring fresh apprehension in an already shaken …
Aramco makes its way into top 20 most valuable brands
The combined value of the world’s Top 100 most valuable brands has increased by 23% to $8.7 trillion over the past year, highlighting the importance of brand strength in navigat …
China’s Shenzhen rolls out app to promote carbon cutting
China southern boomtown Shenzhen has launched a smart phone application that displays information on carbon emissions to encourage …
Runaway inflation brings new attention to easing China tariffs
Top economic officials have huddled multiple times in recent weeks as they attempt to persuade the president, but they have failed to come to a decision yet.
China’s Xi offers closer cooperation with Russia in a call with Putin.
The Chinese government has tried to keep good ties with Moscow while maintaining that it wants to be an impartial broker for peace in Ukraine.
China’s Xi reasserts support for Russia on security issues
Chinese President Xi Jinping reasserted his country’s support for Russia on issues of sovereignty and security in a phone call with Russian leader Vladimir Putin on Wednesday, state media said.
China says its giant ‘Sky Eye’ telescope may have picked up signals from alien civilizations
Chinese researchers found signals that could be from “extraterrestrial civilizations,” according to China’s Ministry of Science and Technology.
Alien life confirmed? China says it could have detected evidence of extraterrestrial civilizations
As per Bloomberg, the report, all traces of which appear to have now been deleted, revealed that narrow-band electromagnetic signals were detected by the five-hundred-meter-diameter (1,600 …
China is taking center stage at this year’s ‘Russian Davos’ as Western nations stay away
Countries attending SPIEF include China, India, and the United Arab Emirates … Most Western leaders and business executives will be missing from the conference amid harsh sanctions against …