China is establishing a blockchain research center in Beijing as it explores integrating the technology more extensively into day-to-day life, the South China Morning Post reported on Thursday. The …
Monthly Archives For February 2023
China Approves Launch of New Blockchain Research Hub in Beijing
China’s Ministry of Science and Technology has approved the construction of its National Blockchain Technology Innovation Centre. The research hub’s key objectives revolve around researching the …
China urges US to focus on trade rather than spy balloon spat
as she addressed an event hosted by the US-China Business Council. Trade remains key to China-US relations regardless of any “negative” measures imposed by the US, she said. The top diplomat …
U.S. demand boosts L’Oreal fourth-quarter sales, China weighs
L’Oreal CEO Nicolas Hieronimus told CNBC beauty was an “affordable indulgence” that customers were continuing to spend on.
China calls House resolution on balloon ‘political manipulation’
Beijing on Friday called a U.S. House resolution condemning China over the balloon incident a case of political manipulation. “China is strongly dissatisfied with this and firmly opposes it,” said …
China Jan new bank loans jump more than expected to record 4.9 trln yuan
BEIJING (Reuters) – New bank loans in China jumped more than expected to a record 4.9 trillion yuan ($720.21 billion) in January as the central bank looks to kickstart a recovery in the world’s second…
China’s new yuan loans at 4.9 trln yuan in January
File photo shows the headquarters of the People’s Bank of China in Beijing, capital of China. (Xinhua/Cai Yang) BEIJING, Feb. 10 (Xinhua) — China’s new yuan-denominated loans totaled 4.9 trillion …
China’s loan growth beats consensus but results are unbalanced
China’s loan growth is usually strong in the first quarter of the year. But this time, we saw a historic jump, pointing to strong loan demand during …
China to launch national blockchain research center
Despite its ongoing crackdown on crypto, China continues to embrace blockchain technology — up to the point of launching the National Blockchain Technology Innovation Center in the capital city of …
China’s Booming New Toy Market: Hyperrealistic ‘Military Lego’
The strategy appears to be working. Chinese brands say they’ve already scored some big hits with PLA-inspired products. When Sembo — a toy firm based in south China’s Guangdong province — launched a …
China Insists Balloon Had ‘Civilian Use’ as US Makes Spy Case
China accused the US of exaggerating the dispute over a balloon the Biden administration says was conducting surveillance, signaling the nations remain at odds over an issue that’s rekindled tensions.
China seeks ‘bold’ steps to lift birth rate
A senior health official in Beijing has urged China’s local leaders to find ways to boost the country’s birth rate. Yang Wenzhuang said officials must take active steps to tackle the detrimental …
China’s Current Account Surplus Hits 14-Year High on Exports
China’s current account surplus rose sharply in 2022, thanks to the nation’s resilient strength in exports and a dropoff in demand for imports as the domestic economy slowed.
