In China, A Cashless Trend Is Taking Hold With Mobile Payments

People in China have been paying cash for things for thousands of years, long before other civilizations. Now, increasingly, they're paying with their cellphones. So...

In Urban China, Cash Is Rapidly Becoming Obsolete

There is an audacious economic phenomenon happening in China. It has nothing to do with debt, infrastructure spending or the other major economic topics du...

In China, Shoppers Can Buy Bad Loans Online With Their Groceries

Among the sneakers, diapers and pet food for sale on Taobao, China’s biggest e-commerce platform, is a listing that may take up a little...

Dalian Wanda deal: Why is China’s ‘Disney rival’ being sold?

Three Chinese theme parks, intended to compete with US giant Disney's ventures in the country, are being sold. The operations are among businesses being offloaded...

Bitcoin Tumbles on Report China to Shutter Digital Currency Exchanges

Bitcoin fell sharply on Friday after a report from a Chinese news outlet said China was planning to shut down local crypto-currency exchanges, although...

China’s $800 Billion Sovereign Wealth Fund Seeks More U.S. Access

China’s sovereign wealth fund is looking at big bets in America. But the $800 billion investment behemoth said on Tuesday it faced an obstacle:...

‘I am very sorry’: Chinese investors keep losing billions online

The company's name appeared in ads for the local marathon. Its logo was emblazoned on the jerseys of two professional soccer teams in Spain....

Sad fate of private entrepreneurs as meat on chopping board in China under CCP...

As smog season begins and winter in most parts of the country is bitterly cold, China is wary of leaving lots of residents without...

Chinese money dominates bitcoin, now its companies are gunning for blockchain tech

It’s a sweltering summer night when I’m invited to join a bitcoin miner from Shenzhen at a “bitcoin club” somewhere in downtown Beijing. I’ve...

Anti-money laundering bodies vow to expose underground banks

Authorities have pledged to work together to intensify the crackdown on illegal underground banks to maintain financial order and security, Economic Information Daily reported. Police...
- Advertisement -

Latest Articles

Blue-ribbon team launches the Committee on the Present Danger: China

Media Advisory For Immediate Release March 22, 2019 New Iteration of Storied Group to Address-and Counter-the Threats America Faces from the Chinese Communist Party Washington-A distinguished team of...

Italy joins China’s New Silk Road project

Italy has become the first developed economy to sign up to China's global investment programme which has raised concerns among Italy's Western allies. A total...

China Is Spying On Israel to Steal U.S. Secrets

Benjamin Netanyahu ignored the intelligence operations of Beijing and Moscow for too long. Now, the Israeli government is finally paying attention, but it could...