This resilience is evident in the recent discovery by Chinese police of a $1.9 billion underground banking system centered around the popular stablecoin Tether (USDT). This operation, rooted in the …
Monthly Archives For May 2024
China is key market for Singaporean biotech start-up’s stomach cancer early diagnosis kit
Mainland China will become the largest single market for Mirxes’ core product, a stomach cancer detection kit that was key to the company’s development, according to Zhou Lihan, its CEO and co-founder …
Beijing’s detention rule in South China Sea ‘unacceptable’ — Marcos
The position that we take is that it’s unacceptable and we will take whatever measures to always protect our citizens,” Marcos said on Saturday.
China’s $1.9 Billion Underground USDT Banking Operation Uncovered
The continued use of cryptocurrencies in China, particularly stablecoins like USDT, reflects the ongoing challenge for Chinese regulators. Crypto-related activities, including trading and mining, have …
China’s Gen Zers to sway marketing, retail trends as they become major force driving domestic consumption
China makes up about 15 per cent of the Austrian crystal maker’s business, which contributed to the firm’s global retail sales of €1.8 billion (US$1.9 billion) last year. That was up 4 per cent from…
Fast Retailing: Mixed Signals From Japan And Greater China Businesses
Fast Retailing’s UNIQLO Japan sees sales growth in April 2024, while the Greater China segment focuses on store quality. Learn more about FRCOF’s hold rating.
Beijing leads the nation in 5G base stations
Beijing has constructed about 114,500 5G base stations as of April, with a density of 52 stations per 10,000 people, ranking first in China, said an official on Friday. “Beijing is actively promoting a signal…
China’s ‘AI-in-a-box’ products threaten Big Tech’s cloud growth strategies
Huawei leads trend of providing companies with means to power their own artificial intelligence apps rather than through public cloud …
Taiwan’s steely leader rewrote the book on how to deal with China
While Tsai shied away from the spotlight in Taiwan’s boisterous politics, Xiang Xiang became a celebrity. She played a starring role in Tsai’s 2020 re-election campaign, along with the president’s …
China makes some of the hottest new EVs. Most aren’t sold in the U.S.
Polestar manufactures its vehicles in China for export to the United States, Europe and other markets. The Polestar 2 starts at about $50,000 in the United States. The EV that best sums up China’s …
Beijing’s top envoy in Hong Kong makes ‘solemn representation’ to UK consul general in city amid spying row
Executive Council convenor Ip says role of Hong Kong Economic and Trade Office in London has shifted away from lobbying local politicians amid deteriorating China-UK ties.
Why are Chinese nationalists turning on Chinese brands?
Excitable Chinese netizens have long inveighed against foreign brands’ perceived insults of Chinese culture. Nike, an American shoemaker, was once attacked for depicting a man beating a dragon in a …
China claims to shake off US sanction shackle, produces key quantum module
Chinese quantum computing company Origin Quantum has announced a breakthrough in the creation of the “high-density microwave interconnect module,” a crucial component for quantum computers. This …
ADVERTISEMENT
