China has banned microcredit firms from giving loans at college campuses to curb over-lending and prevent millions of students from falling into debt trap. ( read original story …)
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China digital currency: US ‘worried’ as it falls ‘behind the curve’ in race for financial technology innovation
China has been conducting experiments and tests of its sovereign digital currency for more than five years, with the Biden administration only just now showing support for research into the viability … ( read original…
US sanctions drive China towards hi-tech self-sufficiency
Washington’s containment and isolation strategies are having an unmistakable effect on China’s sciencebudget, its direction and global ambitions under the latest five-year plan. ( read original story …)
Encrypted messaging app Signal blocked in China
Encrypted messaging app Signal appears to have been blocked in mainland China, the latest foreign social media service to cease working in a country where information is tightly controlled by the … ( read original…
Ukraine to Nationalize Defense Firm, Keeping China Out in a Nod to U.S.
A Motor Sich engine was displayed in Kyiv in 2017, the year a group led by Beijing Skyrizon Aviation completed a $3.6 billion deal for control of the Ukrainian company. Ukraine plans to nationalize a…
Shanghai Electric Signs Agreement to Launch PEM Hydrogen Production Technology R&D Center, Empowering Green Hydrogen Development in China
As the technology matures, hydrogen has entered a … As one of the largest energy equipment manufacturing companies in China, Shanghai Electric, with its capability for project development … ( read original story …)
China’s on a mission to dominate space internet
China is ramping up plans for government-sponsored satellites to beam internet from space, taking on U.S. rivals like SpaceX and Amazon in the race to own the next frontier of connectivity.Why it … ( read…
Huawei announces royalty rates for 5G phone technology
Huawei Technologies announced royalty rates for the use of its 5G phone technology for the first time, in a move its chief legal officer said was an effort to increase transparency at an event on…
Foxconn Technology Group’s Chengdu Campus Recognized by World Economic Forum’s Global Lighthouse Network as a Lighthouse Factory
TAIPEI, March 16, 2021 /PRNewswire/ — Foxconn Technology Group today announced that a second of the company’s factories, a factory based in Chengdu, China, has been recognised by the World … ( read original story…
China deploys more surveillance satellites
China successfully deployed three Yaogan-31 observation satellites on 13 March, with the orbits they were placed in suggesting they are part of the … ( read original story …)
China’s Next Aircraft Carrier Could Be Very Special (As in Nuclear Powered)
Beijing plans to employ nuclear propulsion technology for the project. China’s People’s Liberation Army Navy (PLAN) is making major strides toward its ambitious aircraft carrier procurement goals. Two … ( read original story …)
China Poised To Dominate The Artificial Intelligence (AI) Market
China has extremely ambitious plans to lead the world in artificial intelligence (AI). Here, we take a look at why China is poised to lead the global AI market and introduce some of the key…
It’s a gas: with Saudi Arabia, Japan and China pivoting to clean hydrogen, should Hong Kong be next?
Japan may have solved the problem for the Saudis – who are dependent on the high prices of crude oil – by working to develop a clean, efficient hydrogen society. But is it for everyone?…
