Beijing wants banks to adopt the technology to help combat chronic fraud such as fake trade finance deals. Banks including Ping An Bank and Bank of China have unveiled blockchain investments and projects, and around…
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China’s Internet Banking Sector a Key Source of Growth—and Risk
Fintech’s relevance in China will be on full display this month—during last year’s Chinese New Year holiday week, consumers used Tencent’s WeChat app to send out more than 30 billion digital red envelopes. Chinese search…
China’s internet banking sector a key source of growth
BEIJING: By most accounts, China is the global leader in internet banking and financial technology (fintech) investments. Fintech’s relevance in China will be on full display this month—during last year’s Chinese New Year holiday week,…
How to drink baijiu: Beijing's pros share their tips
Beijing (CNN)It’s the most widely drunk hard liquor in the world but it’s rarely found on cocktail menus. Baijiu, distilled from sorghum and rice, rules every festive occasion in China, where it’s the tipple of…
Amid uncertain relationship with the U.S., Alberta eyes trade with China
Alberta’s Trade Minister is planning two trips to China this year to cement growing trade ties, as part of a pivot designed to reduce his province’s reliance on an increasingly unpredictable relationship with the United…
Apple sues chip-maker Qualcomm in China
Apple has filed a lawsuit against Qualcomm in China seeking 1bn yuan (£115m … subsidiary are just part of Apple’s efforts to find ways to pay less for Qualcomm’s technology,” said Don Rosenberg, head lawyer…
NASS moves to enhance technology transfer between China, Nigeria
ABUJA—As part of the efforts to reduce the high rate of unemployment in the country, the National Assembly has begun plans that would encourage technology transfer from China to Nigeria. Chairman, House Committee on Nigeria-China…
University of Alberta sets sights on students from India after signing new deals with technical institutes
A new deal with information technology consulting giant Infosys allowing Canadian … a number that is dwarfed by those with China. “The relationship with Chinese institutions are far deeper and far more nuanced, textured and…
Girlfriend rental app use booms in China
As millions in China head home to celebrate the Lunar New Year holiday with their families, 24-year-old Luoluo is busy answering messages on a mobile app from desperate men looking to hire an instant girlfriend…
China's Moon-Sampling Mission Targeted for November
Also last year, Tian Yulong, chief engineer of the State Administration of Science, Technology and Industry for National Defense (SASTIND), noted that “lunar exploration is endless.” Tian said that China is in discussion with the…
China's new microwave weapon can disable missiles and paralyze tanks
For over 6 years, Huang Wenhua and his team at the Northwest Institute of Nuclear Technology in Xi’an have been working on a potent microwave weapon. This one, which recently won China’s National Science and…
China is playing a crucial role in Africa’s future that will benefit all countries involved
Under the five-year management deal, the operators will train African workers and technology and know-how will be shared. Why China-built electric railway linking landlocked Ethiopia to sea matters to Beijing and Africa Chinese companies will…
Apple iPhone toppled from No. 1 spot in China for the first time in 5 years making firm ‘vulnerable’: Research
Apple’s iPhone has failed to clinch the title for the top selling smartphone in China for the first time since 2012, making the U.S. technology giant “vulnerable” in the world’s second-largest economy, according to a…
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