Hong Kong’s leader has said she does not mind that Shenzhen has surpassed its GDP, adding that rather than seeing the neighbouring tech hub as a competitor, she hopes Beijing will allow the two cities…
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Hong Kong’s leader ‘doesn’t mind’ Shenzhen’s rise, as central government heaps incentives on mainland ‘model city’
Shenzhen residents embrace digital currency
China’s central bank has issued 10 million yuan ($1.5m; £1.1m) worth of digital currency to 50,000 people in the Shenzhen area via a lottery. The move is the latest in a series of trials testing…
Here’s a first glimpse of China’s digital yuan
China has begun its largest-ever test of its virtual currency, with 50,000 citizens invited to try out the government’s digital yuan wallet. ( read original story …)
Asia Today: China city says it’s tested 3 million for virus
Authorities in the eastern Chinese port city of Qingdao said they have completed coronavirus tests on more than 3 million people following the country’s first reported local outbreak of the virus in n … (…
China Broadcasting Network established as 4th telecom operator
China Broadcasting Network Co Ltd was established on Monday in Beijing, becoming the country’s fourth telecom operator, with a registered capital of 101.2 billion yuan ($15.1 billion). The company … ( read original story …)
ZTE, China Unicom complete FTTH-based smart community trial
ZTE and the Yinchuan branch of China Unicom have completed the trial of a smart community deployment based on a FTTH network in Yinchuan, China. The trial has enabled the development of smart … (…
China Tech Stocks Seen as a Better Bet Than Under-Fire U.S. Peers
Chinese internet stocks will keep outperforming their U.S. counterparts in the months ahead as regulatory challenges to America’s technology giants mount in Washington and Brussels, according to some … ( read original story …)
China to test entire city of Qingdao after COVID-19 cases emerge
The coastal city will test all nine million residents during the next five days with some areas locked down. Our goal is to create a safe and engaging place for users to connect over interests…
China unveils plan to turn Shenzhen into ‘core engine’ of reform
Blueprint gives the city more autonomy in areas like land use, technology and innovation, and the big data economy. ( read original story …)
Dollar bounces back, yuan slips after China appears to keep a tab on its currency
The dollar bounced back from a three-week low on Tuesday as market players bought it back, particularly against riskier peers, after Chinese authorities appeared to be trying to put a brake on recent … (…
Asian Shares Mixed as China Reports Faster Growth in Trade
Shares are mixed in Asia after China reported its exports jumped nearly 10% in dollar terms in September as its economy recovered from the coronavirus pandemic. ( read original story …)
China, ASEAN Should Prevent ‘External Disruption’ in South China Sea: Wang Yi
The Chinese government’s top diplomat, State Councillor Wang Yi, said on Tuesday that Beijing and members of the Association of South East Asian Nations (ASEAN) should work together to remove … ( read original story…
China’s imports, exports surge as global economy reopens
China’s imports grew at their fastest pace this year in September, while exports extended their strong gains as more trading partners lifted coronavirus restrictions in a further boost to the world’s … ( read original…
