China - page 19

Finance & Economics

LinkedIn Cuts 700 Jobs and Closes China App

LinkedIn has cut 716 jobs, taking the baton of layoffs among large technology companies.

News

Jack Ma-Backed Ant Weighs Introduces Investor in HK Bank Unit

The media, citing informed sources, report that Ant Group Co. is currently exploring the possibility of selling a stake in its virtual banking division in Hong Kong.

Articles

How Can Ecommerce Sites Implement Live Streaming in New Ways to Get Ahead?

The ecommerce industry has boomed over the last few decades, but the crazy thing is it is only just getting started. Indeed, online consumerism will be ubiquitous in the future, and it’s expected to grow significantly and reach $7.3 trillion by 2025. There’s still a lot of opportunity out there for businesses in the industry and people […]

Science & Technology

China’s Central Bank Warns Against ChatGPT Data Leaks

The Chinese Payment Association, whose activities are carried out at the expense of state funding, announced the potential danger of using generative artificial intelligence tools.

Blockchain & Crypto

WeChat Adds CBDC to Payment Platform

China’s major social networking and payment app WeChat has followed Alipay in adding support for payments using the digital yuan – the country’s central bank digital currency (CBDC)

Finance & Economics

Fidelity International Preps First Mutual Fund in China

Fidelity International, FIL Fund Management (China) Company Limited has announced its intention to launch its first mutual fund in China in the near future.

Science & Technology

Tencent Expands to Singapore to Facilitate Payments and Services for Chinese Tourists

Chinese tech giant Tencent expands its presence in Singapore with WeChat/Weixin Pay as Covid-19 travel restrictions are lifted

Science & Technology

China Development Bank Increases Loan Support for Science & Tech

China Development Bank granted CNY 261.9 billion (about $38.68 billion ) of loans to support the country’s science and technology innovation in 2022

Finance & Economics

Deutsche Bank’s Blue Water Fintech Lab Launches First Commercial Product

Deutsche Bank’s Blue Water Fintech Lab developed a robotic process automation platform for processing and matching data in several banks.

Countries

China’s Official Wallet App Launches Offline Payments

The Chinese digital yuan app launched a new feature that allows users to make payments from mobile phones offline.

News

Chinese Exports Suffer Sharpest Fall in 3 Years

Exports of goods from China fell to the lowest level in the last three years due to the coronavirus pandemic.

News

Businesses Adopting Blockchain Despite Crypto Turbulence

A recent survey revealed that nearly 90% of businesses deploy blockchain technology in some capacity and plan to invest in blockchain in 2023

Finance & Economics

China Lifts Zero-COVID Policy: Disastrous for World Economy?

Chinese citizens and businesses emerge from a three-year isolation as China lifts zero-COVID policies imposed back in 2019. Experts across multiple industries are concerned about the impending impact this will have on global health and economy. Cut off from the rest of the world since the start of the COVID-19 pandemic, mainland China finally opens […]

Science & Technology

Virtual Employees Hired in China for $14K a Year

While US companies are slow to adopt virtual employees trend, China’s cyberspace has doubled its “hiring” of digitised human beings

Finance & Economics

JD launches its first mall in East China

It will be located in Jiangbei New Area, the thirteenth state-level new area in China