No single digital currency will dominate global transactions if central banks strive to enhance their own settlement systems, a senior Bank of Japan official said, brushing aside fears China’s rapid … ( read original story…
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Beijing shuts tourist sites, suspends bus services as heavy rain continues
China responds to expanded UFLPA Entity List, blacklists six US companies
Shenzhen, Hong Kong, and the two competing mega-bridges designed to build a 100 million person megalopolis
Russia is helping China close gap with US forces amid Taiwan tensions, warns longtime military leader
Beijing’s Home Viewing Rises After Chinese Capital Eases Property Market Rules
Zhu Rongji, who helped turn China into a trading giant, dies at 97
Ex-Chinese premier Zhu Rongji, who drove economic reforms and led China into the WTO, dies at 97
Recent Posts
Bank of Japan official downplays fears over China’s digital currency
Digital Transformation And Its Impact On Finance And The Banking System
During this pandemic, we are becoming aware of the strong need for a massive digital transformation that allows the banking system to consciously and responsibly take care of customers, account … ( read original story…
China’s Rebound Helps Lift Japanese Businesses
As the coronavirus pandemic continues to pummel the world’s major economies, Japan’s corporate giants are pinning their hopes on the one market that is really rebounding: China. ( read original story …)
India rejects China criticism of development of border area
India is rejecting criticism from China of its infrastructure building in border areas which Beijing has described as a root cause of surging tensions between the two countries … ( read original story …)
China accuses U.S. of abuse, discrimination after Ant Group report
China vowed to take measures in response to media reports of a U.S. plan to blacklist Ant Group, China’s biggest mobile payments company, which is owned and controlled by Alibaba founder Jack Ma. ( read…
With ‘great concern’: Germany watching Australia-China relationship
Germany is watching Australia’s deteriorating relationship with China with “great concern”, warning that Beijing is seen as a threat in part of the Indo-Pacific as the superpower becomes more … ( read original story …)
Not A Cold War: China Is Using A Digital Currency Insurgency To Unseat The US Dollar
While tensions are certainly growing between the two countries, a Currency Cold War is not the right way to explain recent Chinese efforts to unseat the US dollar. Calling it an insurgency provides a ……
Who Brands Should Bet on In China’s E-Commerce War
SHANGHAI, China – This weekend, e-commerce giant Tmall is hosting a two-day fashion festival to mark the end of Shanghai Fashion Week and start the run-up to China’s most important — and the world’s ……
Chinese retailer Miniso to raise about $562 million in IPO
People walk past a Miniso shop at a shopping mall in Beijing, Thursday, Oct. 15 … the listing on Thursday in the U.S., with a net worth of about $4 billion. The IPO would also…
China’s adherence to Trump trade deal in doubt as president wages re-election fight
China is forging ahead with the purchase of U.S. agriculture products, but appears to be well below its commitments agreed to in the phase one trade deal. ( read original story …)
Coronavirus: Two health officials in China removed after cluster of 12 cases found at east coast hospital
Get the latest insights and analysis from our Global Impact newsletter on the big stories originating in China. In addition, Deng Kai, president of the hospital, was sacked. Both Sui and Deng will … (…
Will China’s Ant Group be next on U.S. blacklist?
The U.S. government’s so-called Entity List, or blacklist of Chinese companies, could be getting longer. According to sources, the state department has submitted a proposal to the Trump administration … ( read original story …)
Trump Administration Plans To Add China’s Ant Group To Trade Blacklist, Report Says
The planned action comes just weeks before the company’s planned IPO which expects to raise a record $35 billion. ( read original story …)
