Official media was happy to take potshots at US democracy after the Biden-Trump debate, but it does not want to be seen to be taking sides.
Tagged By beijing
China’s low-altitude economy soars as Shenzhen adds heli-transfer at railway station
Travellers arriving at Shenzhen North rail station can connect within the southern tech hub via helicopter amid China’s ‘low-altitude economy’ push.
To a BRICS CBDC or not a BRICS CBDC; replacing the petrodollar, that is the question
More and more countries in the MENA region, such as the Kingdom of Saudi Arabia, have also joined both BRICS and the mBridge CBDC cross-border digital …
‘Replace The U.S. Dollar’—Legendary Tech Billionaire Issues Shock Bitcoin Prediction Amid Ethereum, XRP And Crypto Price Swings
Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and “uncover blockchain blockbusters … Chinese yuan,” Dorsey said during an event in Italy. “[The U.S. dollar and China’s yuan] are two …
Philippines Says Manila, Beijing Agree To ‘De-escalate’ South China Sea Tensions
Beijing insisted its coast guard behaved in a “professional and restrained” way and blamed Manila for the clash. The Philippines foreign affairs undersecretary Theresa Lazaro and China’s vice foreign minister Chen Xiaodong had “frank and…
Global Digital Economy Conference 2024 kicks off in Beijing
A visitor (front) tries a VR device during the Global Digital Economy Conference 2024 (GDEC 2024) in Beijing, capital of China, July 2, 2024. Themed on “Opening Up a New Era of Digital Intelligence, Sharing…
China’s Shake-Up of Emerging Beauty Brands to Intensify in 2024, Insiders Say
Under the current circumstances, the entire industry will be reshuffled in a cycle of two to three years, industry insiders said to Yicai. Some enterprises that adjust their products will grow but …
Tim Hortons parent Restaurant Brands boosting presence in China
Restaurant Brands International says it’s spending up to $45 million to boost its presence in China and spur growth in what the company sees as a promising market.
The Dragon and Phoenix: How Beijing is Winning Battles in Its “Peaceful War” with the United States
Beijing has discretely employed a “red thread” of dragon and phoenix strategy to compete in the sea and air with its global rival—the United States. Following the Chinese mythology of the invisible red thread—which connects…
Hong Kong professor calls China’s crypto mining ban ‘unwise’, suggests opening up to digital assets
A professor at HKUST has questioned the logic of China’s cryptocurrency mining ban, suggesting that the government should embrace virtual assets amid geopolitical risks.
China’s top EV makers, Li Auto, Xpeng, and Nio, achieve strong sales despite discounts.
China’s top three premium electric vehicle (EV) manufacturers, Li Auto, Xpeng, and Nio, have demonstrated strategic business acumen. Despite the necessity for discounts and incentives, these companies …
Tim Horton’s parent company inks two deals to bolster presence in China
Restaurant Brands International says it’s spending up to $45 million on two deals intended to boost its presence in China and spur growth in what the company sees as a promising market. The parent …
China ‘at risk’ of wider decoupling after US, EU as Asean trade partners balk at imports flood
Word of caution comes from Chinese trade consultancy with the commerce and agricultural ministries and customs authorities among its clients.