World Cashing in on China’s carbon neutral drive Posted China’s push towards carbon neutrality as well as its growing manufacturing might will allow electric vehicles to compete equally with standard …
Tagged By beijing
The scale of China’s Bitcoin mining rush could undermine its carbon-zero goals
Accounting for 80 per cent of the global cryptocurrency trade, China’s overuse of supercomputers and coal-fired power plants could have a devastating impact on climate.
Over 149 mln COVID-19 vaccine doses administered across China
More than 149 million doses of COVID-19 vaccines had been administered across China as of Wednesday, the National Health Commission said Thursday. Enditem …
Beijing colour-codes buildings to show workers’ Covid vaccination rates
Beijing authorities are colour-coding buildings to show the public the rates of vaccination among businesses’ employees, as part of a campaign to vaccinate more than 560 million people by June. In …
China shares end higher as healthcare firms gain on vaccination efforts
China reported 24 new COVID-19 cases on April 7 … The real estate index fell 1.75% after Beijing said it would push for property tax. ** The National Development and Reform Commission rolled out new…
IMF renews message to China: boost consumption
Before Covid-19 shutdowns upended international commerce and threw the world into the worst peacetime crisis in a century, the Washington-based lender had long warned that China’s massive export …
Self-driving truck startup TuSimple hopes to raise $1.3 billion in US IPO
Self-driving truck startup TuSimple Holdings Inc is aiming to raise about $1.3 billion by selling around 34 million shares at $35 to $39 each in its initial public offering (IPO) in the US. The San…
Taiwan responds to increasing China threat
China has been stepping up its military presence around Taiwan, which it claims sovereignty over. Taiwan’s Foreign Minister responded with a warning that the the self-ruled island could fight to the …
China’s forex reserves fall in March
In March, China’s forex market functioned stably, with the supply and demand of foreign exchange basically in balance, said SAFE spokesperson Wang Chunying. The scale of China’s foreign exchange …
Impact of China sanctions ‘limited’: study
China has targeted Australian beef, barley, coal, copper, cotton, seafood, sugar, timber and wine. Before the sanctions, these exports were worth about $25 billion in 2019, or 1.3 per cent of …
Infographic: China First Major Economy To Issue Digital Currency
Ubiquitous digital payments and tight government surveillance have led to a plethora of payment data already available to Chinese administrators.
China’s digital yuan moves into second phase of trials, successfully tests cross-border payment
In February, China joined a global CBDC project for cross-border payments along wit the Hong Kong Monetary Authority, Bank of Thailand and the Central Bank of the United Arab Emirates. MediaNama has …
UTime stock more than doubles, and is now 2,175% above its IPO price
Shares of UTime Ltd. soared 133.3% in very volatile afternoon trading Wednesday, enough to pace all gainers on major U.S. exchanges, in the …
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