A cyber yuan stands to give Beijing power to track spending in real time, plus money unlinked to the global financial system dominated by the dollar. It also could soften the bite of U.S. sanctions.
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China Looms Large in Biden Infrastructure Plan
Lurking just behind the domestic debate breaking out over President Biden’s $2.3 trillion infrastructure plans is a powerful foreign force: China. The Biden team sees the plan—and wants the Chinese to …
Kevin O’Leary calls for ‘extremely aggressive’ steps to level the playing field with China
The U.S. should be “extremely aggressive” to level the playing field with China in the ongoing competition between the two sides, Kevin O’Leary told CNBC. That could include delisting Chinese stocks …
‘Godzilla vs. Kong’ brings $285 million in global sales, nearly half from China
The box office has made a comeback with the release of ‘Godzilla vs. Kong.’ CNBC’s Julia Boorstin reports what it means for theaters and entertainment companies.
Beijing Winter Olympics underpinned by technological advances
Technological advances will become a key part of the Beijing 2022 Winter Olympic Games, as smart robots, 5G-enhanced “bullet-time” camera arrays and cloud-based broadcasting are tested in a major …
Beijing muscles in on the South China Sea filling it with hundreds of boats in an act of aggression
China has filled the disputed South China Sea with more than 200 boats lashed together in rows in an act of aggression designed to ‘squeeze out’ other countries in Asia, experts warn.
Beijing muscles in on the South China Sea filling it with hundreds of boats lashed together in an act of aggression designed to ‘squeeze out’ other Asia countries
China has filled the disputed South China Sea with more than 200 boats lashed together in rows in an act of aggression designed to ‘squeeze out’ other countries in Asia, experts warn.
Beijing vaccination effort expands to students
Beijing has provided coronavirus vaccinations for around 10.45 million people as of Sunday, with 16.68 million doses given, the city government said on Monday. More than 6 million people have received …
Hong Kong’s art scene under pressure as Beijing censors works that ‘incite hatred’
Henry Tang, the government official in charge of the cultural park where the museum is located, confirmed last week that no artworks will be displayed if they are deemed to breach the law, imposed by…
Japan Expresses Concerns to China About Territorial Waters, Hong Kong, Uighur Situation
Japan Expresses Concerns to China About Territorial Waters, Hong Kong, Uighur Situation China’s extensive territorial claims in the East and South China Seas have become a priority issue in an …
China’s speedy clean energy penetration backed by huge market
According to the Chinese Ministry of Commerce, in 2020, despite the corona-virus outbreak, electric vehicle (EV) sales rose 10.9 percent in China to reach 1.367 million, accounting for 44.1 percent of …
Beijing residents plant over 930,000 trees since spring
BEIJING, April 5 (Xinhua) — Since the beginning of spring, about 1.21 million residents in Beijing have planted more than 930,000 trees and cared for over 7.11 million trees as part of the city’s …
China Reports Highest Daily Increase In COVID-19 Cases In Two Months
After witnessing a plunging rate of COVID-19 infection for two straight months, China reported its highest daily toll on April 4. The country reported a total of 32 new cases, 15 out of which were…
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