China’s central government must find ways to promptly repay the depositors or risk the effects of damaged public confidence, say scholars Depositors’ lost US$6 billion is reminder to authorities that …
Monthly Archives For July 2022
Targeted by Beijing, One Chinese Tutoring Company Reinvents Itself With Live Streams Selling Groceries
New Oriental, one of China’s largest private-tutoring companies until a regulatory crackdown almost crushed it last year, has become the country’s latest live-streaming sensation.
China’s Big Tech Problem: Even In A State-Managed Economy, Digital Companies Grow Too Powerful
China’s digital economy has advanced rapidly over the past two decades, with services, communications and commerce moving online. The Chi …
China’s biggest video game company crushes the rumor-fueled dreams of teen gamers and denies it will allow more screen time
Under a Chinese law introduced last August, children under the age of 18 are only allowed to play one hour of video games three days a week.
China’s commodities imports might be close to a bottom, but demand remains soft, says economist
Chinese commodity import volumes were generally weak in June due to pandemic lockdowns and country’s weakness in the construction and heavy industry …
China’s exports expected to keep stable growth
Their comments came as the General Administration of Customs said on Wednesday that China’s exports surged by 13.2 percent year-on-year to hit 11.14 trillion yuan ($1.66 trillion) in the first half of …
Web3 Enjoys Positive Vibe Shift in China – and Venture Capital
Venture capital is gathering big-time lately – and even China seems to be jumping on the Web3 train! Plus, a crypto security firm sounds the alarm on phishing scams.
1st LD Writethru: UN chief calls for action in 4 areas to build back better from COVID-19
“We must ensure equitable global access to COVID-19 vaccines, therapies and tests. And now it is very important to have a serious effort to increase the number of countries that can produce vaccines, …
COVID-19 restrictions in China delay Danville’s battery storage project
The battery storage system located at 864 Monument St. should be operating by late August, but COVID-19 restrictions in China have delayed shipping of the batteries, said Danville Utilities Director …
US draws China’s ire with latest Navy transit through South China Sea
In a written statement Wednesday, China said its military had “driven away” a U.S. destroyer that sailed illegally into territorial waters near the Paracel Islands in the South China Sea the previous …
China’s central bank to step up policy support for economy, debt level to rise
China will step up policy support for the economy, central bank officials said on Wednesday, adding that the overall level of debt was expected to rise amid efforts to revive the slowing economy.The …
China poised to add to global growth momentum, financial giants say
Amid various headwinds around the world, China will gradually recover from its recent challenges and stand out to add to global growth momentum over the next three to six months, foreign-invested …
Blockchain Security Startup BlockSec Raises $8 Million
Blockchain Security Startup BlockSec Raises $8 Million; SAP Patches High-Severity Vulnerabilities in Business One Product; Honda Admits Hackers Could Unlock Car Doors, Start Engin …
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