Business cards, bikes and bills Beyond payments, the codes are now used for all sorts of services in China, like exchanging business cards and renting bikes. Chinese authorities are also getting on board. In Hangzhou,…
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Why China can’t get enough of QR codes
China is clamping down on predatory ‘financial crocodiles’
Photo: Justin Sullivan/ Getty Images. In nature, crocodiles are apex predators. They sit at the top of the food chain. As adults, they’re not preyed upon by any other species in the wild. China’s “financial…
China’s exports cool in August while imports accelerate
BEIJING — China’s export growth weakened in August as global demand softened while imports showed unexpected strength despite expectations of a slowdown in the world’s second-largest economy. Exports rose 5.5 per cent over a year…
China bans cryptocurrency ICOs
China has clamped down on cryptocurrency trading and financial deals away from the central bank by banning Initial Coin Offerings (ICOs). ICOs have been hyped as the next big thing in the world of cryptocurrency.…
China agrees the UN must ‘take necessary measures’ to crack down on North Korea
Russia’s President Vladimir Putin (R) and China’s President Xi Jinping arrive to a documents signing ceremony during their meeting at the Kremlin in Moscow, Russia May 8, 2015. Reuters/Sergei Karpukhin BEIJING/VLADIVOSTOK, Russia (Reuters) – China…
China supports UN action on North Korea while urging talks
China supports further United Nations action in response to North Korea’s latest nuclear test but also wants to see renewed efforts to begin dialogue involving all sides, Foreign Minister Wang Yi said Thursday. China hopes…
The Latest: China, German leaders back new N.Korea sanctions
China’s state broadcaster, China Central Television, said Xi told Merkel that China remains committed to the denuclearization of the Korean Peninsula and to the region’s peace and stability. Xi said: “Facts have repeatedly proven that…
China SHOOTS DOWN missiles near North Korea border – nuclear crisis deepens
China’s air force carried out exercises near the peninsula, practising to defend against a “surprise attack” – presumably from their erratic neighbours. Chinese state-run media, which effectively acts as ay propaganda wing for leader Xi…
China will spend £47 million building a simulation base of Mars as Beijing plans to probe the red planet in 2020
China is set to spend 400 million yuan (£47 million) building a simulation base of Mars to conduct research and give locals a chance to see what living on the red planet would be like.…
China supports UN action on North Korea, also pushes for talks
BEIJING – China supports further United Nations action in response to North Korea’s latest nuclear test but also wants to see renewed efforts to begin dialogue involving all sides, Foreign Minister Wang Yi said Thursday.…
China backs UN to take ‘necessary measures’ against North Korea’s latest nuclear testing
CHINA supports further United Nations action in response to North Korea’s latest nuclear test but also wants to see renewed efforts to begin dialogue involving all sides, Foreign Minister Wang Yi said overnight. China hopes…
Chinese logistics firm Best, backed by Alibaba, launches $932 million U.S. IPO
The Hangzhou-based company, led by Johnny Chou, a former Greater China president for Alphabet Inc’s (GOOGL.O) Google, plans to list on the New York stock exchange and the IPO will be equivalent to 16.4 percent…
China steps up financial regulation to address risks
BEIJING – China’s ban on Initial Coin Offerings (ICOs), a digital coin fundraising scheme, was only part of a broader campaign to curb the country’s financial risks. In an announcement Monday, China’s central bank ordered…
