China wants to roll out its first stablecoins to push the renminbi into more global markets and challenge the dominance of the US dollar. But behind the scenes, officials are worried that this very …
Featured Posts Title
COVID-19 surges in China, South Korea detection rate hits 9.1%
China postpones Chang’e-7 moon launch as mission fails to meet launch conditions, officials say
Humanoids break records at Beijing Robot Games
China is training up thousands of humanoid robots
Peace through strength, Taiwan president says on China battle anniversary
Chinese robots beat Usain Bolt’s 100m world record at Beijing Games
Chinese humanoid robots smash human records at Beijing robot games
Recent Posts
Capital flight risks test China’s plan to disrupt dollar stablecoins’ dominance
China Weighs In on Gaza War
The Chinese government wants to see access to humanitarian aid in Gaza, a more stabile West Bank, and progress toward a two-state solution, said its special envoy to the Middle East at a gathering in…
Russia and China tick Doomsday Clock toward midnight as Hiroshima bombing hits 80 years
The Doomsday Clock moves closer to midnight as analysts debate nuclear deterrence effectiveness amid rising tensions with Russia over Ukraine and China’s arsenal expansion.
China warns about national security threats targeting citizens’ biometric with crypto
China’s Ministry of State Security warns that a foreign company is using crypto as a front to collect sensitive biometric information, including iris scans …
Trump tariffs live updates: China pushes back on US chip dominance; Carney signals tariff review
Meanwhile, Canadian Prime Minister Mark Carney said he will look at ways to lift some counter-tariffs on the US despite his campaign to resist Trump’s trade war. President Trump o …
China joins global backlash against Iris-scanning crypto projects
China has raised security concerns over the use of biometric data in crypto projects, warning of risks to national security if mishandled.
China eyes yuan-backed stablecoins in bid to challenge US dollar dominance
China is preparing to launch yuan-backed stablecoins via Hong Kong to cut reliance on US dollar tokens and boost the renminbi in global trade.
Beijing United Family Hospital, Alibaba’s DAMO Academy launch multi-disease screening AI
Beijing United Family Hospital and Chinese tech giant Alibaba’s DAMO Academy announced a strategic partnership on Sunday. The two sides will work together to explore multi-disease AI screening services.
CNBC’s The China Connection newsletter: Beijing wants more babies — are businesses ready for Gen Z parents?
China’s young parents are digital-natives, globally minded and experience-driven. That mindset is shaping how — and where — they spend.
How the US and China Are Fighting for Africa’s Vital Resources
President Donald Trump has set about inking deals with the continent’s leaders to counter China’s outsized influence.
Real estate investor Cohen & Steers increases exposure to Mainland China and Hong Kong
Jon Cheigh of Cohen & Steers has increased exposure to China as they see fundamentals bottoming. He also says most developed markets have gone through yield curve repricing and that valuations have …
HSBC to keep the highest yield among Greater China region’s banks, JPMorgan analysts say
The 160-year-old bank, which traces its roots to Hong Kong and Shanghai, is likely to return between 9 per cent and 11 per cent to shareholders in 2025, says JPMorgan.
China tackles chikungunya virus outbreak with wide range of measures as thousands fall ill
An outbreak of the chikungunya virus in China has prompted authorities to take preventive measures. The government is using mosquito nets and disinfection, threatening fines for people who fail to …
