Green light to two cities in Guangxi for testing ‘Digital Yuan’ with ASEAN
It can be said that nowadays, urban society in mainland China is almost ‘cashless society‘ already completely.
Thailand China Business News
Thailand News with a China Business Perspective
Thailand China Business News
Thailand News with a China Business Perspective
Category Business
Boeing 737 MAX Makes First Passenger Flight in China Since March 2019
BEIJING/SYDNEY—A Boeing Co. 737 MAX made its first passenger flight in China in nearly four years on Friday. The China Southern Airlines Co. Ltd domestic flight from Guangzhou to Zhengzhou departed at 0445 GMT using a MAX plane, according to…
China digital currency: e-CNY included in official cash figur…
Outstanding levels of Digital Currency Electronic Payment, also known as e-CNY, stood at 13.61 billion yuan (US$2 billion) at the end of December, according to the People’s Bank of China. Source link
China’s Ant Group Says Founder Jack Ma Will Give up Control
WASHINGTON—E-commerce billionaire Jack Ma will give up control of Ant Group, the leading Chinese financial technology provider he founded. In a statement posted Friday, Ant Group said that after an ownership restructuring, “no shareholder, alone, or with other parties” will…
Incoming GOP China Committee Chair Calls TikTok ‘Digital Fentanyl’
The Chinese video-sharing app TikTok is an addictive drug that the Chinese regime is offering to Americans, according to Rep. Mike Gallagher (R-Wis.), the incoming chairman of a new House select committee on China. “It’s highly addictive and destructive, and…
China to boost spending in 2023 economic revival drive: NDRC
Senior economic official says expansion of consumption will be a priority in the push to lift overall demand. Source link
Tesla Shares Extend Losses on Demand Worries in China
Tesla Inc. shares fell 11.4 percent on Tuesday after a Reuters report that Tesla was planning to run a reduced production schedule in January at its Shanghai plant sparked worries of a drop in demand in the world’s biggest car…
China-Russia trade: ambassador says they can do even more to …
China’s top envoy to its northern neighbour says logistics problems remain prominent in Sino-Russian dealings, and improving trade-related infrastructure along their border could further bolster exchanges. Source link
Massive COVID Surge Across China Sparks Global Concern Over Virus Mutation, Supply Chain Breakdown
As a mass wave of COVID infections sweeps through China, the World Health Organization (WHO) and governments around the world are anxious about the potential emergence of a dangerous new virus variant that could further drag down the global economy.…
