China is several years ahead of other major economies in its efforts to develop a central bank digital currency.
Tagged By beijing
China sticks with zero Covid-19 approach, leaving borders closed for now
Beijing is set to stick to its harsh zero Covid-19 strategy, in a sign that its borders will not to be opening to the outside world – including Hong Kong – any time soon. While…
China Evergrande in sale talks over EV, property, Shenzhen projects – sources
Chinese property developer Evergrande Group is in talks with state-owned and private companies to sell stakes in its electric vehicle (EV) and property management businesses, a source close to the …
After Tokyo, Beijing Olympics Promise Colder Weather but Hotter Rhetoric
Nationalist fervor in China is poised to define the 2022 Winter Games; ticket sales uncertain with only six months to go.
TikTok parent ByteDance is reportedly planning a Hong Kong IPO despite the ongoing crackdown from Beijing
The social media company is targeting a Hong Kong IPO in either the fourth quarter of 2021 or early 2022, the report said.
BBVA to offer payment and financing services on Trusple – Ant Group’s blockchain platform for global trade
BBVA and Ant Group (Alibaba affiliate) have signed an agreement to collaborate on the integration of financial services in their platform, Trusple.
China’s COVID-19 strategy risks leaving it isolated for years
China is tethering itself to eliminating the virus over the long term — an approach that risks leaving the world’s second-biggest economy isolated for years to come.
‘Sunday Morning Futures’ on business in China, infrastructure bill
Former Director of National Intelligence John Ratcliffe discusses U.S. companies doing business in China and COVID cases surging at the border. This is a rush transcript from “Sunday Morning Futures,” …
Alibaba Fires Manager Accused of Sexual Assault in China’s Latest Workplace Harassment Case
An 11-page account of the allegation was shared widely on Chinese social media and sparked a backlash against Alibaba’s handling of the case from employees and the broader public.
Oil prices plunge as China steps up efforts to contain delta variant outbreak
Oil futures trade sharply lower, extending last week’s tumble as China took additional steps to limit the spread of the delta variant of the coronavirus …
China Telecom eyes mega Shanghai IPO
Workers from China Telecom install mini 5G base stations at a telephone booth in Shanghai. The company is expected to install similar 5G equipment in more than 100 telephone booths by the end of the…
Zhengzhou launches 3rd COVID-19 testing round, essentials ‘secured’ Zhengzhou launches 3rd COVID-19 testing round, essentials ‘secured’
Central China’s Zhengzhou, a city just recovering from devastating floods, has launched a third round of citywide nucleic acid testing to cope with the recent COVID-19 resurgence.
China’s wandering elephants may finally be heading home
An elephant herd that grabbed the world’s attention by lumbering into urbanized parts of southwest China appears finally to be headed home.
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