Chengdu is launching its first lottery trial to distribute the digital yuan; authorities bust a gang selling personal data for Bitcoin. ( read original story …)
Tagged By beijing
China pours money into green Belt and Road projects
Renewable power has for the first time made up the bulk of China’s Belt and Road Initiative energy investments as the coronavirus pandemic accelerated a shift away from fossil fuels, new analysis … ( read…
China to conduct military drills in S. China Sea amid tensions with U.S.
China said on Tuesday it will conduct military exercises in the South China Sea this week, just days after Beijing bristled at a U.S. aircraft carrier group’s entry into the disputed waters. ( read original…
China Says Customs Should Prioritise Inspection for COVID-19 Vaccine Exports
BEIJING (Reuters) – China said on Tuesday that its customs department should prioritise procedures for exports of COVID-19 vaccines and make their clearance convenient. Sinovac Biotech’s CoronaVac … ( read original story …)
Under Biden, China faces renewed trade pressure
Chinese trade war isn’t going away under President Joe Biden. Biden won’t confront Beijing right away, economists say, because he wants to focus on the coronavirus and the economy. However, Biden … ( read original…
China’s Kuaishou Launches Biggest Tech IPO Since Alibaba’s Aborted Ant Listing
Kuaishou, one of China’s online social media titans, has launched the country’s biggest IPO since Alibaba Group’s aborted listing of its financial services arm Ant Group in November. Kuaishou, most … ( read original story…
China reports 82 new mainland COVID-19 cases vs 124 a day earlier
Mainland China reported 82 new COVID-19 cases for Jan. 25, down from 124 cases a day earlier, the country’s national health authority said on Tuesday. ( read original story …)
UPDATE 1-China reports decline in new COVID-19 cases
China reported a fall in new COVID-19 infections as the number of cases in two of the provinces particularly hard hit by the latest coronavirus wave fell to single digits, official data showed on ……
Luxury brands can tap nostalgia in China
Many of the world’s luxury brands still seem unsure how to market in China, but getting the messaging right is more vital than ever as China is set to be the world’s biggest luxury market…
Beijing turns the screws on China’s property sector
As with asset prices around the world during the pandemic, low interest rates combined with higher savings have stoked concerns that the Chinese property market was overheating. But the weaker growth … ( read original…
Beijing sends advanced tropical wear to make troops comfortable at disputed South China Sea outposts
Chinese state media reports on technologies being used to improve soldiers’ lives in remote – and controversial – tropical stations. ( read original story …)
Coronavirus: China sceptic Jair Bolsonaro thanks Beijing for fast-tracking Brazil vaccine supplies
The Chinese shipments mean Brazil will have ingredients to make 5.4 millions of Sinovac’s shot, which the president had once ridiculed. ( read original story …)
China Factories Go Into Overdrive But Exporters Are Not Happy
Clark Feng saw export orders for the garden furniture, swings and tents he sells out of China surge 70% last year as lockdowns and social distancing fueled demand. But he’s not happy about it. “The…
