She stated that, “If I were an investor now I would think about coming out of bitcoin soon because its price will probably crash next year.” Alexander predicted bitcoin would ultimately tank to …
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What Global Brands Should Do About China’s Youth Unemployment Issue
With China recording its highest level of unemployment among young city-dwellers, how can global companies create meaningful employment opportunities?
CHINA MOBILE: 950K 5G Base Stations Operated in Total
CHINA MOBILE (00941.HK)’s General Manager Dong Xin, at the 2022 China Digital Economy Innovation and Development Conference, said that the company commenced services of over 950,000 5G base stations …
China’s June exports, imports likely grew at slower pace amid weak demand: Reuters poll
China’s export growth likely slowed in June due to softening global demand, while COVID curbs weighed on domestic demand and imports, a Reuters poll showed on Friday.The world’s second-largest economy …
Yum China to Report Second Quarter 2022 Financial Results
Yum China’s management will hold an earnings conference call at 8:00 p.m. U.S. Eastern Time on Thursday, July 28, 2022 (8:00 a.m. Beijing/Hong Kong Time on Friday, July 29, 2022). A live webcast of …
China Introduces New Rules Governing Cross-Border Transfers of Data
Many businesses in the country will have to seek approvals from authorities before exporting data, increasing compliance and business costs.
MI5, FBI warn of economic espionage from China
The heads of the major intelligence agencies in the United Kingdom and the United States have warned of a possible economic challenge from China. The leaders of the FBI and MI5 warn that China may…
‘Serious threat to western businesses’: FBI warn China ‘set on stealing your technology’
FBI Director Christopher Wray has warned the United States and its allies of China’s threat, claiming the Chinese government was “set on stealing your technology”. He said China’s government posed an …
Experts urge US to remove import tariffs
Commenting on media reports that the US is weighing lifting levies on Chinese imports, Shu Jueting, spokeswoman of the Ministry of Commerce, said at a news conference that several Chinese and US think …
China’s cyberspace regulator details data export requirements
China’s cyberspace regulator has announced that data exports from the country will require security reviews, beginning September 1. The Cyberspace Administration of China’s (CAC) policy was first …
China tells regional officials to ready for disasters after months of torrential rain
Chinese regional officials need to prepare for potential disasters and ensure relief in a timely manner as the flood season reaches a critical period, a government official warned on Friday after …
Gurus foresee ‘virtual humans’ enhancing many industries
Virtual humans are expected to be applied in a wide range of industries like retail, finance, real estate, entertainment and education, fueled by artificial intelligence-based technology advancement, …
Xi strives to make China global centre for science, innovation
China is going through a transition from quantity accumulation to a quality leap-forward and from breakthroughs in certain fields to overall improvement of performance. As a new round of scientific, …