By launching the HSBC Gold Token, the bank aims to integrate blockchain technology into traditional banking services.
Monthly Archives For March 2024
Global concerns rise over alleged cyber hacking activities linked to China
The involvement of China in hacking and cyberespionage targets worldwide has led to international criticism and sanctions.
Why the U.S. Faces a Delicate Balancing Act on Countering China in the South China Sea
In responding to China’s aggression, the U.S. has to, in the words of one expert, “draw a balance between doing nothing and doing too much.” …
US Military Flew 1,000 Spy Flights in South China Sea Last Year: Report
Beijing claims almost the entirety of the sea as its territory, pitting it against the competing claims of several neighbors.
China’s Xi meets U.S. executives as businesses navigate bilateral tensions
U.S. business leaders met with Chinese President Xi Jinping, the latest of Beijing’s efforts to bolster foreign investment in China amid tensions with the U.S.
China coal industry group says output at accident-hit mining hubs back to normal
Coal mining output at accident-hit mining districts of Shaanxi and Inner Mongolia in China’s north have returned to normal, a major coal industry group said on Wednesday.
China’s Xi meets American CEOs to boost confidence in world’s second largest economy
Chinese leader Xi Jinping met more than a dozen US CEOs and academics on Wednesday as Beijing renewed efforts to woo back foreign investors and mend strained relations with the United States.
Gap in China’s Soybean Trade Casts Doubt on Data Reliability
Doubts over the reliability of China’s economic figures are swirling again — this time in soybean trade as the world’s top importer has been publishing data that are increasingly diverging from other …
Haidilao Says Hotpot Chain’s Profit Surged 175% in 2023 to Offset Covid-19 Pandemic Losses
Haidilao slowed down its restaurant expansion pace last year, with their number increasing by three to 1,374 from the end of 2022, it said in the financial report. The main goal was to improve the…
China’s President Xi meets US executives in Beijing as investment wanes
China’s President Xi Jinping met with American business leaders at the Great Hall of the People in Beijing on Wednesday, as the government tries to woo foreign investors back into the country and …
Exclusive: Russia struggles to collect oil payments as China, UAE, Turkey raise bank scrutiny
Russian oil firms face delays of up to several months to be paid for crude and fuel as banks in China, Turkey and the United Arab Emirates (UAE) become more wary of U.S. secondary sanctions,…
Worsening tensions between China and the U.S. will make Hong Kong and its ‘unique status’ even more important, says the city’s top financial official
We are different from the rest of China, in terms of our way of doing things in business,” Paul Chan said on Wednesday at the Fortune Innovation Forum.
‘Tata in India, TikTok in China, Toyota in Japan’: List of top most valuable companies according to their country of origin
Europe made its mark with brands like the UK’s Shell, valued at $50 billion, and France’s Louis Vuitton, with a brand value of $32 billion.
