The approaching demise of the discredited London Interbank Offered Rate (Libor) is prompting major central banks globally to create new benchmarks. The People’s Bank of China wants to elevate another … ( read original story…
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Olympic champion swimmer Cameron McEvoy breaks the 50-meter freestyle world record
NIH hosts lecture making the case that COVID-19 came from a Chinese lab
US intel softens on China threat, says no Taiwan invasion planned by 2027 despite military buildup
Skycamp’s Journey to Becoming a Global Leading Star Dome Glamping Manufacturer: An In-Depth Industry Analysis
Three men charged with illegally smuggling advanced AI chips into China
Tim Cook’s China visit reinforces country’s importance to Apple as global frictions rise
Beijing’s Big Problem: An Incredible Shrinking Economy
Recent Posts
How China’s Interest Rate Toolbox Is Evolving and Why
Standard Chartered CEO says Hong Kong is ‘very, very safe’ as banking center
“The fact is Hong Kong is sitting here as the gateway to China for capital into China and out of China. That’s only become more clear,” said StanChart’s CEO Bill Winters. ( read original story…
Alibaba’s Newest Business: Modernizing China’s Factories
Alibaba Group Holding Ltd. helped modernize brick-and-mortar retail with consumer data and online services. Now it hopes to do the same for China’s multitrillion-dollar manufacturing arena.China’s lar … ( read original story …)
‘Careful what you say’: Business leader warns Australia on China diplomacy
Australia should speak its mind “in private” with China as it flexes its muscles and fills the superpower vacuum left by the decline of the US, a global business leader has warned. ( read original…
China sends satellites into space in first sea-based commercial launch
China has successfully sent nine satellites into orbit in its first commercial launch of a rocket from a platform at sea, state media reported on Wednesday. ( read original story …)
Pandemic Sharpens ‘Battle for the Soul’ of United Nations Between U.S. and China
In a declaration to mark the 75th anniversary of the United Nations – agreed by the General Assembly in July and to be adopted by world leaders on Monday – the United States, Brit ……
China says military drills near Taiwan were a ‘necessary action’
Chinese military drills off Taiwan’s southwest coast last week were a “necessary action” to protect China’s sovereignty, Beijing said on Wednesday, after Taiwan complained the large-scale air and … ( read original story …)
Baidu (BIDU) Expands Apollo Go Robotaxi Service to Beijing
Baidu (BIDU) launches Apollo Go Robotaxi service in Beijing in a bid to expand its share in the self driving space. ( read original story …)
China’s central bank stresses its central role in new sovereign digital currency
China is developing a sovereign digital currency with the primary goal of defending the state’s monopoly on minting money, meaning the central bank will play a central role in the issuance and … ( read…
Unfriended abroad, China’s tech giants seek home comfort
China’s tech titans can rely on their massive home market to ride out a Donald Trump-led campaign against them overseas, and in the long-term their global prospects remain strong, analysts say. ( read original story…
Shenzhen launches marital information-sharing system with banks to prevent speculators from posing as first-time buyers
Shenzhen, China’s answer to Silicon Valley, has set up an information-sharing system that will allow banks to access homebuyers’ marital status, closing a loophole that let married buyers amass … ( read original story …)
‘Sharing Economy’ Startup ShareRing Tapped for China’s Blockchain Service Network
A blockchain-powered platform for the “sharing economy,” ShareRing announced it has been selected to join China’s state-backed blockchain initiative. ( read original story …)
China approves six fixed-asset investment projects worth 88.2 billion yuan in August
China’s state planner said on Wednesday it approved 6 fixed-asset investment projects worth a combined 88.2 billion yuan ($13.03 billion) in August. ( read original story …)
