China has given the go-ahead to set up the National Blockchain Technology Innovation Centre in Beijing to run blockchain research and development, according to local media.
Monthly Archives For February 2023
The US Hasn’t Noticed That China-Made Cars Are Taking Over the World
The country is poised to become the No. 2 exporter of passenger vehicles, surpassing the US and South Korea and risking new tensions with trading partners and rivals.
On visit to Beijing, Cambodia’s Hun Sen meets China’s Xi
Cambodian Prime Minister Hun Sen met Friday with Chinese President Xi Jinping on a visit to his ally that underscores increasingly close ties between the two Asian countries. Cambodia is a key Chinese …
China gasoline exports may hit 8-year low in Feb on domestic demand recovery
China’s February gasoline exports may fall a second straight month to hit their lowest in eight years as domestic consumption rebounds after the nation emerged from COVID lockdowns, industry and …
China pulls back from global subsea cable project as US tensions mount
Another member of the consortium described their involvement as “important but not critical”. China Unicom, a much smaller state-owned company, has remained involved with an unspecified investment in …
China’s outbound direct investment rises 5.2% to US$145bil
The ministry said China’s ODI into wholesale and retail sectors soared 19.5 percent on a yearly basis to $21.1 billion last year, while investment into manufacturing business went up 17.4 percent year …
Let trade be the ‘stabiliser’ to China-US relations after balloon saga, senior Chinese diplomat says
Senior Chinese diplomat in Washington hopes business will make good use of China’s opening-up, regardless of latest controversy Xu Xueyuan says the incident should not be allowed to offset efforts by …
India to drop pre-departure COVID tests for travellers from China, other countries
India will drop the pre-departure COVID test requirement for travellers coming from or via China, Singapore, Hong Kong, Korea, Thailand and Japan from Monday, the health ministry said, as COVID-19 …
China Cash Squeeze Eases as PBOC Adds 1 Trillion Yuan in 3 Days
China’s cash squeeze eased, with a gauge of overnight funding costs dropping the most in a week, after the central bank injected some $150 billion into the financial system over three sessions.
Crypto Mogul Sun Says Huobi Betting China Will Warm to Digital Assets as Exchange Targets Hong Kong
Digital-asset exchange Huobi plans to expand its operations in Hong Kong, betting the city’s pro-crypto pivot presages an easing of the ban on virtual coins in mainland China and hence smoother access …
China says refused US call because atmosphere not ‘proper’
China’s Defense Ministry says it refused a call from U.S. Defense Secretary Lloyd Austin following the shooting down of an alleged Chinese spy balloon because the U.S. had “not created the proper …
‘It just rang’: In crises, US-China hotline goes unanswered
Within hours of an Air Force F-22 downing a giant Chinese balloon that had crossed the United States, Defense Secretary Lloyd Austin reached out to his Chinese counterpart via a special crisis line, …
‘A floating feather’: China’s latest airport design unveiled
Intended to resemble a “floating feather,” the proposal for a new terminal is among a slew of eye-catching new — or expanded — airports opening across the country.
ADVERTISEMENT
