China has started one of the biggest real-world trials for its digital currency as it pushes closer toward creating a cashless future. Last week, the government in Shenzhen carried out a lottery to give away a total of 10 million yuan (about $1.5 million) worth of the digital currency. Nearly 2 million people applied and […] Read more
A major plan that will form part of China’s global technology push has been dubbed as hype and will face a number of challenges, a technology industry body. China Standards 2035 is an ambitious 15-year blueprint that Beijing is expected to release this year. It will lay out China’s plans to set the global standards for the […] Read more
The Chinese tech giant has expressed its support for Meng. Photo: AP The Canadian extradition proceedings of Huawei Technologies former chief financial officer Meng Wanzhou hinge on allegations she made a fraudulent presentation to HSBC in 2013 over the technology giant’s business ties in Iran, but recently revealed documents show the bank had been aware […] Read more
Chinese consumers are cooling on the iPhone, according to a new report by Credit Suisse analysts. iPhone shipments in China dropped 35.4% in November compared to the same time last year, the analysts wrote in a note Thursday, despite a slight increase in the Chinese smartphone market at the same time. The analysts said Chinese […] Read more
