Authorities in Chengdu, China plan to adopt blockchain for several use cases throughout the city, including urban governance, cross-border trade, smart manufacturing, and agriculture. During the … ( read original story …)
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Crypto-Lottery: China’s Solution for Re-Stimulating the Covid Era Economy
China’s state-run People’s Bank of China is currently backing the currency, as part of the government initiative to create a cashless society, with digital currencies ideally cheaper and easier to … ( read original story…
New York’s Financial Regulator Wants Firms, Including Crypto Miners, to Look Closer at Climate Change Risks
New York state’s financial regulator is urging firms to pay closer attention to financial risks associated with climate change. In a letter sent to all regulated entities on Thursday, the New York … ( read…
Boeing’s China aviation business in the spotlight after Beijing announces sanctions on defence unit
China’s sanctions on Boeing Defense do not include penalties on the firm’s commercial aviation business, but analysts say Beijing is ‘sending a message’. ( read original story …)
China’s leaders vow to become self-reliant technology power
China’s leaders are vowing to make their country a self-reliant “technology power” as a feud with Washington cuts access to U.S. computer chips and other high-tech components, hampering Beijing’s … ( read original story …)
TikTok owner ByteDance launches education technology brand Dali for China
By Yingzhi Yang and Brenda Goh BEIJING (Reuters) – Beijing-based ByteDance announced a standalone education technology (edtech) brand Dali for the Chinese market on Thursday, becoming another major … ( read original story …)
Chinese leaders target ascent as a ‘technology power’
China’s leaders vowed Thursday to speed up its development as a self-reliant “technology power” as a feud with Washington cuts access to U.S. components and hampers Beijing’s … ( read original story …)
The Biggest IPO in World History Is Stoking an Investor Frenzy
I was lucky.” Ant may not be a household name in most of the world, but the Chinese fintech behemoth controlled by Jack Ma has set off an investor frenzy for the history books. Brokers…
China’s 2060 net-zero goal needs large-scale negative emissions tech
China pledged last month to reach carbon neutrality by 2060, but to do so may require extracting 2.5 gigatonnes of carbon dioxide from the air each year … ( read original story …)
China’s young billionaires are riding the tech boom. Here are the 20 richest
China’s young billionaires amassed a combined fortune of more than $223 billion this year as the country enjoyed its fastest year of wealth accumulation even as the world battles its worst economic … ( read…
China shares end higher as consumer stocks shine on upbeat earnings
China stocks reversed earlier losses to close higher on Thursday, bucking a global selloff, supported by the consumer sector after leading companies posted robust third-quarter earnings. ( read original story …)
Biden’s China plan: Bring allies
Joe Biden is planning to confront China across the globe, embracing some of President Trump’s goals but rejecting his means. The big picture: By starting a trade war with China, Trump has … ( read…
China’s digital yuan aims to halt US ‘dollarisation’, boost retail payments, ex-central bank governor says
China’s sovereign digital currency is designed primarily to grow retail payments at home and prevent the dominance of the US dollar, rather than address threats raised by cryptocurrencies or … ( read original story …)
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