China’s central bank chief Pan Gongsheng has pledged to expand the footprint of the digital yuan, reaffirming the country’s vision for its central bank digital currency (CBDC). According to a Reuters report, China is creating an international operations center in Shanghai for the digital yuan, also known as e-CNY. Pan made the remarks at the…
The second Central Asia-China summit wrapped up on June 17 with the signing of the Treaty on Eternal Good-Neighborliness, Friendship, and Cooperation, marking a major milestone in deepening mutual trust and strategic collaboration between China and the five Central Asian nations. The summit established new benchmarks for advancing relations among the six countries and outlined…
Home » Travel News Pick » How UK, China, US, India and Australia Are Declaring War on Overtourism laden European Destinations by Promoting Their Own Travel Hotspots and Teaching Them a New Lesson in Sustainable Tourism? Wednesday, June 11, 2025 Overtourism is a growing challenge in Europe. In 2025, travelers from the UK, USA, India,…
President Donald Trump’s massive China tariffs are jeopardizing American fireworks shows, threatening to drive up prices and limit supplies. U.S. fireworks wholesalers and distributors say they’ve been canceling shipments from China for this year’s July Fourth holiday. Some are also halting manufacturing in China of fireworks for next year’s celebrations of the 250th anniversary of…
You can basically copy and paste that line into countless stories about today’s advanced reactor technology. Molten-salt cooling systems? Invented in the mid-20th century but never commercialized. Same for several alternative fuels, like TRISO. And, of course, there’s thorium. This one research reactor in China running with an alternative fuel says a lot about this…
China’s box office revenue on the first day of the May Day holiday exceeded 200 million yuan (about 27.5 million U.S. dollars) by 17:30 Thursday according to box office tracker Dengta Data, including pre-sales and limited previews. More than 10 new films are released during the May Day holiday this year, ranging from biographies to…
The US Senate confirmed long-time China critic David Perdue as the new US ambassador to China on Tuesday, a key role amid escalated bilateral tensions and a high-stakes tariff showdown between the world’s two largest economies. Perdue, 75, a former US senator for the state of Georgia and a veteran business executive, was confirmed in…
US President Donald Trump‘s sky-high tariffs imposed in China have started making an impact even though China puts up a brave front. Tariffs have struck when China’s economy is struggling to fully recover from the pandemic effects and is also grappling with sluggish domestic demand and a protracted property sector crisis.China’s leaders are downplaying the…
Open-source satellite imagery appears to show that China is expanding one of its naval bases that hosts an aircraft carrier, as it seeks to challenge United States naval dominance. Newsweek has reached out to the Chinese Defense Ministry for comment by email. Why It Matters China has the largest navy in the world by hull…
Huawei and China Unicom have recently signed an MoU (Memorandum of Understanding) to team up on IP self-intelligent network technology. Both parties joined hands on April 28 in Songshan Lake at Dongguan. China Unicom serves as one of the major telcos in China. It offers a wide range of services, such as mobile, fixed line,…