Some 208 SMBs in a China province have conducted 638 international transactions totaling $580 million using a blockchain platform developed by the government.
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China’s Digital Currency Strategy
China has been at the forefront of experimentation with digital currency, but what does this mean for consumers and businesses?
Chinese stocks rise after Beijing calls for closer co-operation with US
Chinese stocks were boosted by calls from Beijing for greater co-operation with Washington after the US securities regulator tightened controls on Wall Street listings of groups from the world’s …
Beijing should increase policy supports to expand domestic demand – China Press
China should increase policy supports to expand domestic demand and help SMEs recover to consolidate the growth momentum,” the Shanghai Securities News reported, citing analysts after the July PMI …
China wants to curb steel production. Some say it’s ‘virtually impossible’
In the first half of 2021, Chinese steel mills have churned out nearly 12% more crude steel compared to the same period in 2020, according to Wood Mackenzie.
Asian shares try to stabilise, China growth a worry
Asian shares were seeking a modicum of stability on Monday as a run of stellar U.S. corporate earnings put a floor under markets, though Beijing’s regulatory crackdown continued to reverberate amid …
Sales of China’s iconic sedan brand Hongqi soar in Jan-July
Hongqi, a car brand under China’s leading automaker FAW Group Co. Ltd., recorded over 170,600 vehicle sales between January and July this year, an increase of 95 percent year on year. FAW Group …
China Stocks Fall as Traders Digest Beijing’s Crackdown Signals
Chinese stocks fell as investors digested Beijing’s latest signals over a regulatory crackdown that has roiled markets. The benchmark CSI 300 Index fell 0.6% in early trade. The gauge, which last week …
China’s Henan reports 1 locally transmitted confirmed COVID-19 case
Central China’s Henan Province reported one locally transmitted confirmed COVID-19 case and 28 asymptomatic cases on Sunday, the provincial health commission said on Monday. The locally transmitted …
China’s Jiangsu reports 40 new locally transmitted confirmed COVID-19 cases
East China’s Jiangsu Province reported 40 new locally transmitted confirmed cases of COVID-19 on Sunday, the provincial health commission said Monday. Among them, 11 were reported in Nanjing, the …
Cities in China take action to contain Covid-19 spread
Top Chinese expert Zhong Nanshan says the concept of close contacts should be changed in view of Delta.. Read more at straitstimes.com.
Crackdown Shows China’s Ready to Do ‘Whatever It Takes’ to Tackle Social Issues, Major Asia Bank Says
Chinese tech and education stocks have been rocked by regulatory uncertainty in recent sessions, including some listed in the U.S.
Oil prices slide on worries over China economy and higher crude output
Oil prices fell on Monday on worries over China’s economy after a survey showed factory activity growing at its slowest pace in 17 months in the world’s second-largest oil consumer, concern compounded …
