The imminent Fukushima water release comes more than a decade after Japan was rocked by the second-worst nuclear disaster in history. Japan’s government has repeatedly said the discharge of the …
Monthly Archives For August 2023
Fintech giant Ant Group, back in Beijing’s good graces, uses Alipay+ to burnish Hangzhou’s tech image for Asian Games
The fintech affiliate of Alibaba is expanding support to several Asian e-wallets through its Alipay+ service to smooth travel to its home city After its IPO was quashed in 2020, Ant is now a central…
China’s gloomy economic outlook has taken the fizz out of consumer spending, PwC says
Financial uncertainty in China has ‘further undermined consumer confidence and heightened risk of deflation’, PwC executive says Lacklustre second half ahead for Hong Kong’s retail sales: PwC Chinese …
What China’s economic troubles mean for the world
China’s economy was expected to roar back to life. Zero-covid had been abandoned; the country’s shoppers and tourists allowed to roam free. Yet the hoped-for rebound has fizzled out. gdp growth, which …
Analysis-Arm’s China relationship complicates IPO
The upcoming listing of semiconductor technology firm Arm Holdings Ltd is supposed to be strong medicine for what has been ailing the U.S. IPO market, as well as provide a shot in the arm for…
China Sprints Ahead in Race to Modernize Global Money Flows
A new platform to expand the reach of China’s digital yuan and other central bank digital currencies is moving closer to reality, raising eyebrows among some defenders of a system long dominated by …
China proposes to bring its social credit system to the metaverse: Report
POLITICO reported on Aug. 20 that state-owned telco China Mobile hasproposed a digital ID for all metaverse and online virtual world users that work with “natural characteristics” and “social …
China’s digital economy major driver of 2022 growth, Beijing pledges to seize the opportunity
The internet-based economy was China’s biggest growth driver among its new economic engines last year, official data showed, highlighting Beijing’s push for the digital economy to take over from …
China’s economy is suffering, and consumers won’t open their wallets — except to see movies
Before the coronavirus pandemic began in the country, China’s film industry was on a steady upward course, finally outpacing the U.S. in 2019 as the world’s largest film market by revenue. It was a …
Video: Woman gets evicted for storing over a year’s worth of trash inside apartment in China
A tenant in China was given an immediate eviction notice after her landlord discovered that she had accumulated trash inside her apartment for over a year. Key details: The landlord, identified only …
China’s Pet Food Sales to Hit USD33 Billion by 2025; Chinese Brands Are Seizing Market Share, Report Says
(Yicai) Aug. 22 — China’s pet food market is expected to be worth CNY241.7 billion (USD33 billion) by 2025 and more Chinese brands are coming on the market, aided by the rise of e-commerce platforms,…
The Times view on China’s spying operations: Beijing’s Secret War
China’s spying operations against the West are prolific and dangerous, as shown by efforts to extract information from British officials through social media
China/Russia-led bloc takes on dollar, Western influence as Putin dodges summit over arrest fears
BRICS summit is taking place in Johannesburg, South Africa, and includes heads of state from aspiring members such as Iran and Saudi Arabia as the bloc looks to expand.
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