China’s efforts to roll out a CBDC could create more competition for mobile payment giants like Ant and Tencent.
Featured Posts Title
Belgium’s arrest of Chinese alleged chip-tech thief fuels European fear of Beijing
Beijing expands funding tools to support food security, rural modernization
Speech in China is in the deep freeze
China says it will pump $54 billion into banks and insurers — but their stocks still fell
Asia-Pacific Media Forum opens in Shenzhen, building a bridge of understanding and coexistence through media
Rare Beijing spy series highlights real-life intelligence drama with Taiwan
Ahead of Xi’s US visit, China’s soybean crushers face high costs, weak margins
Recent Posts
China’s digital currency poses challenges to Ant and Tencent
EcoChain to Benefit from China’s “Great Unplugging” from Crypto
While the rest of the world is still reeling from China’s “unplugging” of cryptocurrency, Michael Toporek, CEO of Mechanical Technologies Inc (NASDAQ: MKTY), sees an opportunity. Their crypto division …
Chinese businessman who challenged Beijing jailed for 18 years
A Chinese court has jailed prominent businessman Sun Dawu for 18 years, in a case that has underscored the Communist party’s growing intolerance for entrepreneurs that challenge its rule. Sun, the …
The Nation That Faced Down China
China is now the great power of Asia—or so Beijing believes—but those pesky Australians, mouthing off about human rights and coronavirus investigations, refuse to bend the knee. Beijing has turned to …
Markets Worry China Is Going Communist!
A tough regulatory approach by the Chinese government to social media and education companies has plunged the Chinese market into bear territory, will there be contagion to Wall St?
China Triggers $1 Trillion Market Meltdown, And It’s Just Getting Started
The more China takes out the billionaire founders innovating and creating new good-paying jobs, the harder it might be for a state-heavy economy to narrow the rich-poor divide on its own.
China’s Nanjing classifies 6 more areas as COVID-19 medium-risk
Nanjing, the capital city of east China’s Jiangsu Province, has classified six more areas as medium-risk for COVID-19 amid the latest epidemic spike, local authorities said on Wednesday. Nanjing, a …
China’s sharing of COVID-19 vaccines wins hearts of people globally: analyst
China’s sharing of its COVID-19 vaccines filled the gaps in the world supply, a deed that has won the hearts and minds of people globally, according to an opinion piece recently published in the South…
After the Floods, China Found a Target for Its Pain: Foreign Media
Western journalists reporting on a natural disaster met with public hostility in person and online that was openly encouraged by the Chinese state media.
China revealed as an ‘unreliable partner’ by calls for national audit on imports
Recent calls for a national audit on China imports show that it is becoming an “unreliable partner,” according to Sky News contributor Peter Switzer. “China has been playing a pretty tough game,” he …
China’s up-and-coming urban hotspots for fashion
Urban renewal is underway in China to bring communities together post-lockdown. Luxury brands are playing a key part.
Changan sees boom in demand as Saudis fall in love with Chinese car brands
Saudi Arabia is emerging as one of the most attractive markets overseas for Chinese car brands as they grab the attention of dealers and drivers in the Kingdom. Car sales in China …
Givaudan invests in series A fundraising for incubator Next Beauty China
Fragrance and beauty company Givaudan has invested in the series A funding round of Next Beauty, an incubator for emerging fragrance and beauty brands looking to grow in China. The terms of the deal …
