Subway passengers in Beijing can pay their fares using digital renminbi (RMB) starting from Wednesday, according to the Beijing Municipal Commission of Transport. Digital RMB payment option is now …
Tagged By finance
Biggest China Bank Walks Away From $3 Billion Zimbabwe Coal Plan
China’s biggest bank has dumped plans to fund a $3 billion coal-fired power plant in Zimbabwe, in a blow to a two-decade effort to develop the project, according to a coalition of 32 environmental …
World Bank raises China’s growth outlook to 8.5%
The World Bank raised its forecast of China’s economic growth this year to 8.5 from 8.1 per cent and said Tuesday that a full recovery requires progress in vaccinations against the novel coronavirus.
Berkshire’s Munger says will like to have China’s financial structure in U.S. – CNBC
Berkshire Hathaway Inc’s (BRKa.N) vice chairman Charlie Munger said he would not want all of the Chinese systems, but would like to have the financial part of it in the United States, according to a…
Universities ignore Beijing’s threats to Chinese students
Beijing’s increasingly bold attempts to shape global perceptions means Chinese students and staff on university campuses are frequently targeted, harassed and intimidated, a report finds.
China’s Clampdown Continues | Bitcoin Tumbles And Recovers
Chinese authorities keep issuing red cards to businesses involved in crypto. Bitcoin takes a dip below $30,000 for the first time since January.
Rep. Mo Brooks wants China to pay restitution to Americans for COVID damages
The ongoing effort to hold China accountable for devastating coronavirus losses got a boost with new legislation from Rep. Mo Brooks who says the Communist Party of China (CPC) should be subjected to …
China’s economic approach to protecting its ecology
Ecotourism could provide an alternative income for those who risk losing their livelihoods when areas are given national-park status.
Republican Sen. Tommy Tuberville is a vocal critic of China’s government. He also owned stock in a Chinese company with Communist Party ties.
Insider’s weekly congressional financial report details how lawmakers are investing and making money. See what Tommy Tuberville, Josh Gottheimer, and Rick Scott have been up to.
The US will prefer a China contest to the forever wars
As such, the war games that predict a US rout by China should be taken with more salt than currently exists in all the world’s mines. Each lurid simulation of defeat is a tacit argument…
China Finance Online Announces Receipt of Nasdaq Deficiency Notice
China Finance Online Co. Limited (“China Finance Online”, or the “Company”, “we”, “us” or “our”) (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese individual …
China Property Watch – June 2021: Property Developers Increasingly Rely on Project Sales for Funding
China’s increasingly stringent funding rules for property developers have pushed them to rely more on funds from property sales to finance the development of n …
China’s Digital Yuan, Launching in 2022, Poses Threat to Global Dominance of U.S. Dollar
As China prepares to fully roll out its national digital currency next year, experts say the dollar’s position as the top global currency may slide.
