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Posted on 26/07/2023

Chinese Bank Launches CBDC Bulk Commodity Clearing Service – Digital Yuan Adoption Accelerates?

Chinese banks have launched the nation’s first CBDC-powered settlement service for bulk commodity spot clearing, in another digital yuan first. ( read original story ...)

Posted on 26/07/2023

Exclusive: Tesla has considered exporting EVs from Shanghai to … – Reuters

Tesla has considered plans for exporting made-in-China electric vehicles to the United States and Canada, two people with knowledge of the planning told Reuters, a step that would connect its largest ... ( read original story ...)

Posted on 26/07/2023

Shanghai Stops Taking Applications for Ride-Hailing Licenses in Overcrowded Market

(Yicai Global) July 24 -- Shanghai has stopped accepting applications for new ride-hailing permits because the local market for such services is fast approaching saturation point. Other Chinese cities ... ( read original story ...)

Posted on 26/07/2023

China vows additional aid to enhance ‘tortuous’ financial retrieval

The head of China’s management has promised to make more effort to support a “tortuous” financial retrieval, that has lost power following a primary ... ( read original story ...)

Posted on 26/07/2023

Shanghai’s ‘voguing’ dancers step lightly to avoid official gaze – in pictures

Voguing is a dance style characterised by staccato hand motions and angular arm and body postures punctuated by brief pauses. Popularised in 1990 by a hit Madonna song and the documentary, ‘Paris is ... ( read original story ...)

Posted on 25/07/2023

Column: China’s lead exports lift LME stocks but deplete Shanghai

China's exports of refined lead remained robust over the first half of this year, extending a trade pattern that has been running since the closing months of 2021. ( read original story ...)

Posted on 25/07/2023

Awesome! Movers in China wear exoskeleton suits for heavy lifting, boosting efficiency, reducing injury as technology expands across nation

During the busy summer moving season in China this year, a number of mainland companies are boosting efficiency and reducing injuries with wearable exoskeleton robots. ( read original story ...)

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