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Posted on May 18, 2021

China bans financial, payment institutions from cryptocurrency business

China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading.  Under the ban, …

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Posted on May 18, 2021

China’s stay-at-home seniors accessing elderly care

Ninety percent of China’s elderly population now live at home and are fully dependent on their family or themselves, according to the National Health Commission. An increasingly aging society means …

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Posted on May 18, 2021

How Apple reportedly gave up control of iCloud for business growth in China

China is one of the biggest markets in the world for Apple’s products. In its recent quarterly results, the company registered a whopping $17.7 billion in iPhone sales in the region. However, this ste …

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Posted on May 18, 2021

Pakistani startup collaborates with CPEC to promote tourism for Pakistan

PakStockPhoto, Pakistan’s image library, has joined hands with All Pakistan-China Friendship Association (APCFA) and Beijing People’s Association for Friendship with Foreign Countries to promote …

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Posted on May 18, 2021

Apple’s Bargain in China

That’s why its China operation is so striking. This article is part of the On Tech newsletter. You can sign up here to receive it weekdays. Apple wouldn’t be the company it is today without China.

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Posted on May 18, 2021

China Accuses Biden Administration of Suspicious Intentions After Plan to Donate Millions of COVID Shots

During a press conference on Tuesday, Chinese Foreign Ministry spokesperson Zhao Lijian, “It is despicable that the U.S. makes an issue out of China whenever the topic of vaccines is brought up. It …

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Posted on May 18, 2021

SEG Plaza evacuation: Shaking China skyscraper sends shoppers fleeing

A skyscraper of more than 70 storeys has been evacuated after it started to shake, sending shoppers scrambling for safety in the southern Chinese city of Shenzhen. Local authorities do not yet know …

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Posted on May 18, 2021

U.S. behind Russia, China in sharing vaccines to nations in need

While about 37% of Americans are fully vaccinated, many nations struggle to get vaccines and have turned to other world powers like China and Russia to secure doses. President Biden on Monday …

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Posted on May 18, 2021

China’s Biggest ‘Bad Bank’ Tests Beijing’s Resolve on Financial Reform

Chinese regulators say they want to clean up the country’s financial system, but a state-owned conglomerate may ultimately get in the way.

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Posted on May 18, 2021

China Planning ‘Unprecedented’ Tiananmen Memorial Crackdown: Report

A report out of Hong Kong has predicted mass arrests, prosecutions and disqualifications from public office for those who attend the vigil marking 31 years since the massacre in Beijing.

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