China will step up the Communist Party’s leadership of its $61 trillion finance industry and strengthen efforts to reduce local debt risks, state media reported, citing a key twice-a-decade financial …
Recent Posts
China Joins West To Talk AI Rules Amid Tech Rivalry
C hina joined Western world leaders at a major conference to voice concerns about the threat posed by artificial intelligence (AI). The U.K. is hosting the AI Safety Summit at Bletchley Park, where …
Reflexively Stopping U.S. Trade With China Serves No Purpose
The U.S. is right to limit Chinese companies’ access to militarily sensitive equipment, but construing this to limit trade in nonsensitive sectors harms the U.S. economy.
China to use blockchain for cross-border payments
China is set to revolutionize the way cross-border payments are managed by integrating blockchain technology into the heart of its financial transactions. This groundbreaking approach is not just a …
Sales soar on Singles Day shopping gala
Beijing: Sales boomed on the opening day of the extended Singles Day shopping extravaganza that kicked off at 8pm on Tuesday, with high-quality products and livestreaming sessions proving popular …
‘Phones are childish’: go-getting China boy, 12, who works at parents’ noodle shop after school dreams of taking brand global
A 12-year-old boy in China has gone viral for the hard work he does helping at his parents’ diner which he dreams of taking global.
Wu Zunyou, the Face of China’s Covid Controls, Dies at 60
His last role, as the face of China’s draconian Covid-19 restrictions, was anything but. In China, the decisions that kept the country in isolation with closed borders and rolling lockdowns for three long years—policies deemed…
How can blockchain platforms make currency trading cheaper?
For HSBC and Wells, using blockchain has made their currency settlement easier, faster and cheaper. “There have been savings,” says Williamson. “It is cheaper sending it through this infrastructure …
China features in Beyond Meat’s operational review replete with more job cuts
Beyond Meat is set to report a fifth straight decline in quarterly revenue as the US alt-protein business reviews its global operations.
N. Korean traders in China ordered to drop “poor performing” Chinese business partners
North Korean trade agencies recently ordered traders in China to cut off communciation with poor performing Chinese business partners, Daily NK has learned.
I Saw the Car Behind Mullen’s Campus EV on the Road in China. Here’s What I Learned.
The electric vehicle revolution is alive and well in China. After hailing a taxi from Shanghai Pudong airport, my attention instantly drifted to the gallery of EVs on the road, a majority of which I…
North Korean defectors take on China over forced returns of fellow escapees
starvation and political oppression have attempted to transit China en route to Southeast Asia and sanctuary in South Korea. Before the pandemic, more than 1,000 were welcomed every year in Seoul, but during Covid-19 border…
China Gives US Demands for Preventing Nuclear War
Chinese state media said the U.S. halting the buildup of its nuclear arsenal would be the basis for “arms control.”