China is already test-driving the future of finance while the rest of the world is stuck trying to get its learner’s permit. What’s happening: Over the past two weeks Chinese authorities in cities … (…
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China’s 240,000-cubic-meter LNG tanks could set new world record
The economic war between China and the US just intensified
China hits back at US sanctions with curbs on American defence firms
Humanoid robotics push boundaries at Beijing’s WRC 2024
China Imposes Export Curbs On 10 US Defence, Rare Earth Firms In Retaliatory Move
Beijing intensifies crackdown on telecom fraud networks
Tibetan Kids Bring Hip-Hop and Heritage to Beijing Stage
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China’s digital currency aims to leave the rest of the world in the dust
China’s digital currency: A small leap forward
A pilot scheme taking place in Shenzhen this week offers a glimpse into China’s plans to build the world’s first national digital currency. ( read original story …)
China’s fourth operator gearing up for launch
China is set to receive its fourth mobile operator in the form of a joint venture between China Broadcasting Network (CBN) and China Mobile. ( read original story …)
Canada’s Justin Trudeau attacks China for its ‘coercive diplomacy’ and vows to stand up to Beijing
Canadian Prime Minister Justin Trudeau has hit out over China’s “coercive diplomacy” on the 50th anniversary of diplomatic ties between the two countries. Trudeau targeted Beijing on its aggressive … ( read original story …)
In City Where China Welcomed the World, Xi Prepares for a Colder One
China’s leader, Xi Jinping, speaking in the early trading center of Shenzhen, emphasized domestic innovation amid tensions with the United States. ( read original story …)
China’s Xi Jinping spotlights Shenzhen as future for economic growth, Hong Kong given back seat
“The Shenzhen model is political zero tolerance and business on China’s terms,” said Kent Deng, professor of Chinese economic history. ( read original story …)
What China and Russia Could Reap From Covid-19 Vaccine Diplomacy
As wealthier countries buy up supplies of Western drugmakers’ Covid-19 vaccines that are still in development, China and Russia are offering their fast-tracked shots to poorer nations. Here’s what … ( read original story …)
China ‘Censorship’ Forces Closure of Genghis Khan Museum Exhibit in France
The museum in Nantes said Chinese authorities requested control over the show and demanded that “Genghis Khan” and “Mongol” references be removed. ( read original story …)
China’s third quarter GDP growth expected to improve: PBOC official
BEIJING (Reuters) – China’s third-quarter GDP growth is expected to improve from the previous quarter, Ruan Jianhong, an official with the People’s Bank of China (PBOC), told a press conference on … ( read original…
UPDATE 1-China’s Sept new bank loans rise more than expected
Sept outstanding TSF growth quickens to 13.5% from 13.3% in August (Adds details, background) BEIJING, Oct 14 (Reuters) – China’s new bank loans grew more than expected in September while broad credit … ( read…
Which central bank will launch world’s first digital currency?
The race among central banks to launch sovereign digital currencies is heating up. China has made considerable progress, with hopes of using its nascent digital currency to help internationalise the … ( read original story…
China Sept new bank loans rise to 1.9 trln yuan, top estimates
Chinese banks extended 1.9 trillion yuan ($282.3 billion) in new yuan loans in September, up from August and exceeding analysts’ expectations. ( read original story …)
Westpac to Cut More Than 150 Jobs as Bank Exits China, India
Westpac Banking Corp. is cutting more than 150 jobs as Australia’s second-largest lender consolidates its international operations, according to people familiar with the matter. ( read original story …)
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