China’s Social Credit System

Chinese race car driver Zhou Guanyu (Source: Formula 1 Competition) Chinese race car driver Zhou Guanyu claimed his second title on Sunday after winning his first race of the 2021 Formula 2 season in Bahrain. Despite starting from the pole position, Zhou had a slow beginning and dropped to as…

Wu Linwu/VCG/Getty Images The Ruyi Bridge is 100 metres long. It is safe to say that China loves a good bridge, especially vertigo-inducing glass-bottomed ones. In 2019, state media outlet ECNS estimated there were more than 2300 in the country, along with “an undetermined number of glass walkways or slides”.…

In an industry first, a physical exhibition for digital art in the form of non-fungible tokens (NFT) is set to launch in China, showcasing notable works from leading artists in the NFT space and the winning entries from a global digital artwork competition. Initiative Designed to Forge Greater Connections Between…

Renminbi puzzle In this episode of China Money Podcast, listen to all the news headlines in the China venture investment and tech sector for the week ending March 19. From Chinese business enterprises to hutongs and everything in between in China, we are nearing the end of March 2021 and…

Six government-backed banks in China are testing e-wallet services for the upcoming digital yuan, local outlet Sina News reported ealier this week. The country is the forerunner of Central Bank Digital Currencies (CBDC) and intends to launch its digital fiat before the 2022 Winter Olympics. Known officially as the Digital…

Bilibili, an online streaming site best known as “China’s Youtube,” charges RMB 168 (USD 26) for an annual subscription to its premium content. For Cindy Sun — who spent almost a quarter of last year watching videos on Bilibili — that is a small price to pay. In a country…

Popular Cantopop star Eason Chan announced on Thursday that he is terminating collaboration with Adidas, a member of global sustainability program Better Cotton Initiative (BCI) which said last October it would pull out from Xinjiang due to concerns about forced labor. Eason Chan wrote issued the statement on Weibo.Chan’s statement,…

Edison, NJ -- (SBWIRE) -- 03/25/2021 -- Global kid's Footwear Market Report 2021 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and…

Edison, NJ -- (SBWIRE) -- 03/25/2021 -- Global Luxury Handbags Market Report 2021 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and…

President Biden has a strategy for selling his next massive economic recovery bill: exploiting fear of losing out to China. “If we don’t get moving, they’re going to eat our lunch,” the president told senators recently, listing China’s ambitious infrastructure projects as a reason to embark on our own. “We…