India, after lifting its crypto ban in 2020, is working on a Cryptocurrency and Regulation of Official Digital Currency Bill to enable the creation of an official digital currency. South Korea has passed the Virtual…
Monthly Archives For May 2024
First batch of export vehicles under China-Ecuador FTA to set sail
HEFEI, May 4 (Xinhua) — A batch of vehicles, the first to receive a certificate of origin under the free trade agreement (FTA) between China and Ecuador, is set to depart for Ecuador, the Customs…
China-U.S. Trade Tensions Become Still More Intense
The trade war between the United States and China has notched up again and shows zero sign of moderating any time soon.
China is now engaged in open hybrid warfare against the West
Conflict rages in Gaza and Ukraine, and tensions heighten over Taiwan. In Beijing, US Secretary of State Antony Blinken has just held difficult talks with Chinese foreign minister Wang Yi. Despite Xi …
China’s telecoms industry expands steadily in Q1
China’s three telecoms giants — China Telecom, China Mobile and China Unicom — saw their revenue from emerging businesses increase by 12.2 percent year on year, driving up the telecoms sector’s …
China is ‘guilty of murder’ over their role in US’ fentanyl crisis: Rep. Carlos Gimenez
Rep. Carlos Gimenez, R-Fla., discusses the CCP’s role in the fentanyl crisis and what can be done to address this.
South China Sea: Second Thomas Shoal war of words heats up as Beijing gives ‘details’ of resupply deal with Manila
Chinese embassy in Manila lauds ‘new model for management’ for Second Thomas Shoal supply missions ‘approved’ by Philippine chain of command’.
Does China’s oil-for-infrastructure lending model in Africa need a rethink?
Chinese resource-backed loans were a lifeline for African economies but fluctuating commodity prices exposed a hidden danger.
China’s Auto Glut Seeks Global Escape: 40M Capacity, 123 Brands, Only 22M Buyers
Chinese automakers produce twice as many vehicles as local consumers can buy. So why is the government still subsidizing the industry?
Potential TikTok ban threatens the US business of China’s cross-border sellers and the global ambitions of ByteDance
In the face of a potential ban of TikTok in the US, Chinese merchants selling on the platform are preparing for the worst.
China wants sci-fi industry, led by megahit 3 Body Problem, to help tech make the jump to lightspeed
Revenue from China’s sci-fi industry grew by 29 per cent year on year to 13.29 billion yuan (US$15.6 billion) in 2023 In the spotlight after Netflix hit 3 Body Problem, the industry can also offer…
Agricultural Bank of China enhances financial services in rural areas
BEIJING, May 4 (Xinhua) — More than half of Agricultural Bank of China’s branches were located in county-level regions as of the end of 2023, amid the bank’s broader efforts in improving financial …
Japanese restaurants in China look for ways around seafood import ban
Japanese restaurants in China have been struggling to stay afloat amid Beijing’s total ban on seafood imports from Japan, but some …
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