China

Fintech & Ecommerce

Cashless Society: Myth or Reality? Top Cashless Nations Globally

Envision a future where all the transactions are paperless. For some, it feels like utopia with less theft and more convenience, while others suggest more dystopian scenarios where all your money and assets can be taken away by an evil omnipresent government at any moment. While I, personally, believe truth lies somewhere in between, many […]

Fintech & Ecommerce

Alipay Launches Voice Call to Boost Financial Security

Alipay has launched a voice call feature that allows consumers to double-check their real identity before making fund transfers.

Finance & Economics

China Risks to Dive Into Deeper Deflation

High tariffs from the United States on imports of goods from China are a factor that will definitely significantly reduce or, quite likely, bring US orders for products from an Asian country to zero, against which Beijing, as part of its desire to help local exporters, is making efforts to divert sales to the domestic […]

News

China Says About Prospects of Trade Talks With US

China said it is currently evaluating the possibility of implementing a negotiation process with the United States on trade cooperation between the world’s two largest economies that was actually the first signal from Beijing about the at least theoretical ability of dialogue with Washington after last month, US President Donald Trump announced sweeping tariffs on […]

News

Nvidia CEO Says About China’s Position in AI Race

Nvidia chief executive officer Jensen Huang on Wednesday, April 30, said that China is not behind in the artificial intelligence industry and noted that Huawei is one of the most formidable technology companies in the world.

Finance & Economics

China to Support Exporters

Chinese officials vowed to provide greater support to exporters affected by tariffs from United States President Donald Trump. thus demonstrating the desire to strengthen one of the most important sectors of the Asian country’s economic system.

Finance & Economics

China’s Industrial Profits Return to Growth

Chinese industrial profits in the first quarter of the current year showed readings indicating a return to growth.

News

Chinese E-Commerce Platforms Reportedly to End Refund-Without-Returns

The media, citing insiders, published information according to which the Chinese authorities have asked e-commerce platform operators to stop insisting that merchants refund customers without requiring the return of goods.

Science & Technology

Analysts Say US Chip Controls to Benefit China’s Nvidia Rivals

Analysts in the semiconductor area suggest that as the United States tightens control over Nvidia’s sales in China, the Asian country-based manufacturers of artificial intelligence chips such as Huawei may become beneficiaries of these measures from Washington.

Finance & Economics

China Warns Other Countries Against Striking Trade Deals With US at Its Expense

China has warned other countries of the consequences if they strike deals with the United States that could harm Beijing’s interests.

Finance & Economics

China Keeps Lending Rates Steady

The central bank of China on Monday, April 21, left loan prime rates unchanged, which is generally the expected decision of this financial regulator, since strong macro data is currently being observed in the Asian country, allowing Beijing to focus on stabilizing the yuan amid trade tensions with the United States, which has become an […]

Finance & Economics

Rare Earths Become China’s Weapon in Trade War

China may start using rare earths as a weapon in a new trade war with the United States.

Science & Technology

Huawei Launches New AI Architecture

Huawei Technologies has launched a new artificial intelligence infrastructure architecture, which, according to the Asian country’s media, will compete with Nvidia’s offerings in addressing computing power bottlenecks.

News

Chinese Exports Show Growth

In March, China’s export activity showed growth that exceeded preliminary expectations regarding the dynamic of this indicator, as businesses frontloaded outbound shipments to avoid prohibitive tariffs from the United States.

Finance & Economics

China Raises Tariffs on US Goods

The head of the People’s Republic of China, Xi Jinping, in his first public comments on the escalation of the trade war with the United States, said that his country was not afraid.

Finance & Economics

Donald Trump Puts 90-Day Pause on Higher Tariffs

President of the United States Donald Trump on Wednesday, April 9, announced a 90-day pause on higher tariffs and at the same time increased levies on goods imported from China to 125%.