Beijing has sought to develop a strong digital financial services industry undergirded by domestic tech and banking giants.
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EU and China stand-off over climate action pledge before leaders meet
14th China Children’s Theater Festival opens in Beijing
Dalai Lama’s birthday shows Beijing that people care for Tibetans
Beijing launches exhibition marking 80th anniversary of victory in Chinese War of Resistance against Japanese Aggression
Elon Musk Is Running Out of Road in China
Flawed coronavirus model prompts urgent reassessment for drug developers
NATO Chief Predicts China’s Plan For Taiwan
Recent Posts
The Limits Of Cashless Payments In China
The claim of China’s ‘overcapacity’ is a fallacy
Recently, the United States and other Western countries have been incessantly hyping the so-called “overcapacity leading to unfair competition” in China’s new energy sector. They malign the export of …
Beijing, Seoul illuminate science, tech innovation
In a rapidly evolving global technological landscape, China continues to make significant strides in science and technology despite facing economic challenges. With substantial investments in research …
China’s middle class still jittery about spending – especially on property, survey finds
Index of household spending expectation is even lower than the early days of the Covid-19 pandemic, researchers say in quarterly report.
NYC flooded with illegal flavored vapes from China despite ban to protect kids: study
The Big Apple is being flooded with illegal flavored e-vapes made in China after banning the smokes’ sale in 2020 to prevent youths from getting hooked on their addictive nicotine, a new study …
Resources to be ramped up to build ‘Digital China’
SHANGHAI: China will ratchet up resources to speed up the construction of digital infrastructure, bolster the digital transformation of the economy and society, and deepen reforms related to the …
Analysis-‘Asset famine’ in China curbs central bank’s bond trading ambitions
A scarcity of low-risk assets in China’s financial sector is obstructing the central bank’s plans to make its monetary policy toolkit more efficient with a return to the treasury bond market after a 17-year hiatus.
Before Shein: Philly Display Shows How China Conquered Textile Markets
“The Story of Ramie” is part of a larger science- and technology-focused collection and displays at the Philadelphia site that also explore the evolution of synthetic fibers such as nylon through the …
China’s Industry Threatens Entire Global Economy, France Warns
The entire world economy is at risk from a glut of cheap Chinese exports, France’s Finance Minister Bruno Le Maire said in tandem with a barrage of joint criticism from the Group of Seven. “We…
China’s Housing Rescue Has a Poor Track Record in Pilot Cities
China’s big housing rescue aims to build on smaller efforts that are already under way – and struggling to get traction.
China’s looming economic stagnation echoes Japan’s lost decade
Economists cited by the American weekly Newsweek assess that the Chinese economy may enter a period of prolonged stagnation. In their opinion, China’s collapse in the real estate market and …
China Evergrande’s EV unit says its liquidators found a potential buyer
The EV unit of embattled real estate developer China Evergrande said liquidators are in talks with a potential buyer who may also extend a new line of credit for production.
China Offloads $74 Billion in U.S. Treasuries Over Seven Months
China has been on a massive dumping spree, selling off $74 billion worth of U.S. treasuries and agency debt over the last seven months. This move is part of a strategy to distance itself from…
