China signals softer stance on stablecoins as Shanghai pushes research, Ant Group and JD.com back yuan coins to rival dominant dollar stablecoins.
Tagged By blockchain
China Rethinks Stablecoin Policy as Shanghai Hosts Strategic Talks
China is reevaluating its stablecoin policy as Shanghai regulators explore yuan-linked digital asset initiatives.
Volkswagen is closing a plant in China while another major automaker files for bankruptcy
The struggles continue for global automakers in China. After halting production, Volkswagen announced it will close a plant in …
‘Made In USA’ Brand Reputation Still Stands Strong In Global Markets
Despite global trade tensions, a new study finds “Made in USA” remains strong globally. And purchase intent to buy American goods and services is fairly high globally.
China’s GAC Flies AirJet Winged eVTOL
Chinese automaker GAC conducted the first flight of its Govy AirJet winged electric vertical-takeoff-and-landing AirJet on July 3 with plans to launch autonomous air taxi demonstration operations in …
US Apparel Imports From China Fell to a 22-Year Low in May Amid Trade War Escalation
China’s share of the U.S. apparel sourcing market fell below 10 percent for the first time in more than two decades.
TikTok poached Amazon employees to jump-start its US business. Now it’s doubling down on its Chinese roots.
TikTok drew on the Amazon playbook to launch its US e-commerce business, but now it’s betting its future on staff with roots in China.
Aurora Mobile Shares Climb as Company Considers Solana Blockchain for Treasury Strategy
Aurora Mobile Limited (NASDAQ:JG) saw its stock rise 3.2% after the company announced it is exploring the integration of Solana into its corporate treasury strategy, signaling a deeper move into …
China to militarise cyborg bees for covert operations and spying
China is trying to militarise “cyborg bees” for covert operations and spying. Beijing’s scientists are said to be testing out the insects’ “enhanced stealth” by inserting controllers into their brains …
China’s military newspaper defies Xi Jinping over battlefield robots
Authors warn that normalising the humanoid technology could lead to ‘indiscriminate killings and accidental deaths’ …
China’s cotton topping robot promises fully automated production of Xinjiang crop
Developers say the device uses lasers to mechanise the last laborious task that until now has relied on manual workers China has unveiled the world’s first laser topping robot, overcoming a major …
Ajit Pawar urges Centre to halt illegal import of substandard raisins from China
Deputy Chief Minister and State Finance and Planning Minister Ajit Pawar has written to the Centre, urging urgent intervention to halt the illegal import of substandard raisins from China. These …
Shanghai officials warm to stablecoins despite China crypto ban: Report
Shanghai State-owned regulator held a meeting to discuss strategic responses to stablecoins amid growing calls to develop a stablecoin pegged to the Chinese yuan.
