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Industrial Bank Facilitates Digital RMB Payment for Taiwanese Nationals, Empowering Cross-Strait Integration
Industrial Bank Facilitates Digital RMB Payment for Taiwanese Nationals, Empowering Cross-Strait Integration Industrial Bank has become the first financial institution in China to support Taiwanese nationals in upgrading their digital RMB wallets through a cooperating bank channel. It has also successfully implemented the country's first digital RMB unit wallet payment transaction for a Taiwanese-funded bank, providing Taiwanese nationals and companies with more convenient and secure payment experiences and promoting cross-strait integration...
Blockchain 2024-06-19 14:42:48 -
Chinese Electric Vehicle Makers Counter EU Tariffs: Market Diversification and Localized Production
Chinese Electric Vehicle Makers Counter EU Tariffs: Market Diversification and Localized Production Chinese electric vehicle (EV) manufacturers may be unhappy with the new additional tariffs imposed by the European Union (EU), but they have multiple strategies to maintain their growth momentum, including shifting production to the European continent and leveraging their robust profit margins to partially offset the impact of tariffs. The European Commission formally notified carmakers including BYD, Geely Automobile, and SAIC Motor on Wednesday that it would impose temporary tariffs on EVs, up to 48%, starting next month...
Industry dynamics 2024-06-19 14:36:22 -
The Crypto Regulatory Game: 200 Billion USDT Incident Sparks Concerns
The Crypto Regulatory Game: 200 Billion USDT Incident Sparks Concerns Capital's profit-seeking nature is evident in traditional finance, commodity markets, and the current cryptocurrency market, which is booming. However, cryptocurrencies, powered by blockchain technology, still face unavoidable regulatory blind spots amid the ongoing struggle between the industry and financial regulators in the West...
Blockchain 2024-06-19 12:13:37 -
Digital Yuan Trial in Hong Kong Expands: Faster Top-Ups via Faster Payment System
Since the expansion of the digital yuan pilot in Hong Kong, several banks, including Hang Seng Bank and Bank of Communications Hong Kong, announced on May 17 that they are offering top-up services for digital yuan wallets through the Faster Payment System (FPS). FPS: Hong Kong's Fast Payment System FPS is a fast payment system launched by the Hong Kong Monetary Authority (HKMA)...
Blockchain 2024-05-24 16:46:22 -
Microsoft Reassigns Parts of Chinese AI Teams Overseas
Reports surfaced on May 15 that several artificial intelligence (AI) teams within Microsoft's Chinese division are being relocated to the United States and Australia. The rumor mill suggests that Microsoft will assist employees and their families with visa applications, with the potential for hundreds of staff members to be affected...
Industry dynamics 2024-05-24 16:31:47 -
Google Unveils Transformative AI Updates for Search and Beyond at I/O 2024
Mountain View, Calif. - May 15, 2023 - Alphabet Inc...
Industry dynamics 2024-05-24 16:31:02 -
The Evolution of Mobile Device Screens: A Historical Perspective
The history of mobile device screens is a testament to the insatiable human desire for visual immersion. From the first clunky monochrome displays to today's ultra-bright, high-resolution panels, the evolution of mobile screens has been nothing short of remarkable...
Mobile Internet 2024-04-08 16:54:36 -
Huawei HarmonyOS NEXT Set for Major Update, Native App Ecosystem Explodes
Huawei is set to unveil the full-fledged version of HarmonyOS NEXT around the launch of its Mate 70 series or shortly after, showcasing its mature native app ecosystem and innovative smart connectivity experience. With over 4,000 apps now on board, Huawei has entered the second phase of its ecosystem development, signaling the commencement of an "acceleration mode...
Mobile Internet 2024-04-08 16:53:28 -
Redmi K80 Series to Offer Significant Battery Upgrade for Uninterrupted Power
The Redmi K series has consistently impressed with its high-performance and value-for-money offerings. However, battery life has been a slight concern on these devices...
Mobile Internet 2024-04-08 16:44:24 -
Domestic Market Competition Heats Up, Overseas Market Becomes Key to Growth
China's smartphone market is highly competitive, with brands struggling to differentiate themselves, leading to year-over-year declines for some. Consequently, overseas markets have become crucial for determining brand sales, with Malaysia being a significant player...
Mobile Internet 2024-04-08 16:43:10 -
OnePlus Leads the Charge in Battery Life, Challenges Competitors
OnePlus China President Li Jie recently published a blog post declaring that OnePlus will lead the battery life revolution in 2024. He stated that the OnePlus 12, OnePlus Ace 3, and OnePlus Ace 3V have set new benchmarks for battery life in their respective price segments...
Mobile Internet 2024-04-08 16:40:02 -
Major Fund Companies Race into Bitcoin ETF Market via Hong Kong Subsidiaries
As the Bitcoin market flourishes, major fund companies are ramping up their presence to seize the investment opportunity. Notably, several have opted to take an indirect approach by establishing subsidiaries in Hong Kong to apply for and launch Bitcoin ETFs...
Blockchain 2024-04-08 16:38:31
