BIS announced Projects Mariana and Mandala with Asian central banks. UBS launched its tokenized VCC fund in Singapore. HKEX builds smart contract settlement platform.
Featured Posts Title
China’s EV ascent rewires global auto cooperation
China’s JD.com to buy Germany’s Ceconomy in deal valuing it at $2.5 billion
Samsung Q2 profit drops 55% on weak AI chip sales, China curbs
China’s Wuxi Apptec to raise over $980 million to boost expansion
US and China agree to work on extending the tariff pause deadline in trade talks in Stockholm
China’s JD.com to acquire German electronics retailer Ceconomy for $2.5 billion
Trump blasted for ‘steep concessions to Beijing’ after chip deal, canceled Taiwanese visit
Recent Posts
Crypto Market Insights: Bank Of International Settlements Work With Asian Central Banks Through Projects Mariana And Mandala
Xi Jinping Finds ‘A Thousand Reasons’ To Improve US-China Relations
Senate Majority Leader Chuck Schumer said he was disappointed with China’s statement on the Israeli-Palestinian conflict.
Shenzhen, China’s Silicon Valley, unveils 20-point plan to boost funding for local tech companies amid US investment restrictions
Shenzhen’s municipal government plans to start trials of ‘equity + debt’ financing via approved banks in the Hetao and Qianhai cooperation zones The trials will involve the city’s medium and large …
Chuck Schumer Blasts Xi Jinping Over China’s Israel-Hamas Stance as Senators Visit Beijing
President Joe Biden has sent a steady stream of cabinet-level officials to Beijing since June, in a bid to stabilize ties between the world’s largest economies.
Chuck Schumer criticises China’s reaction to Israel attack during US Congress visit to Beijing
US senate majority leader Chuck Schumer told China’s foreign minister he was “very disappointed” with Beijing’s reaction to the Hamas attack on Israel.
In Beijing, Schumer calls on Xi to support Israel after Hamas attacks
N.Y., is greeted by Chinese President Xi Jinping before their bilateral meeting at the Great Hall of the People in Beijing, . 9, 2023.
China targets 50% boost in computing power as AI race with U.S. ramps up
Technologies like AI, which require high computing power, have become key battlegrounds in the rivalry between the U.S. and China.
(LEAD) U.S. eases export controls on chip equipment for Samsung, SK factories in China
The United States has decided to allow exports of its semiconductor manufacturing equipment to Samsung Electronics and SK hynix factories in China without a separate approval process, the presidential …
China plans to boost computing power amid AI race to help local firms
China intends to step up efforts to build its computing power by more than a third in less than three years, aimed at benefiting local suppliers and strenthen technology self-reliance as U.S.
China’s Seafood Imports From Japan Plunge 66% in August Amid Import Ban
(Yicai) Oct. 9 — China’s imports of Japanese aquatic products tumbled nearly 66 percent in August, after China suspended them in the wake of Japan discharging nuclear-contaminated wastewater from the …
Losses from China disasters reach $42 billion in first nine months of 2023
China suffered direct economic losses of 308.29 billion yuan ($42 billion) over the first nine months of 2023, the government said, from natural disasters such as torrential rains, deadly landslides,
China’s September property market package fails to have dramatic effect on buyer confidence, fuelling hopes for more easing
Last month’s package of relief measures from Beijing to bolster the beleaguered property market has not yet had a major impact on homebuyer confidence, with weak sales data and further house price …
Shanghai leads China in 5G site density
Shanghai reportedly ended August with the highest density of 5G base stations in China after adding 2,671 sites in the month.