China’s new guidelines by the Ministry of Human Resources and Social Security aim to safeguard gig workers’ rights, providing minimum wage guarantees and addressing concerns like excessive working hours and transparency.
China is pursuing global dominance in financial technology and the initial research on the digital currency can be traced back to the early 2010s. The main motivations behind e-CNY, the central bank digital currency (CBDC) developed under the project called Digital Currency/ Electronic Payment (DCEP), is to advance China’s technical and economic prowess, enhance payment efficiency, reduce the reliance on physical cash, strengthen CCP control over the Chinese population and counter U.S. financial influence around the globe.
China’s real estate market, once a core economic driver, has recently seen a massive decline due to soaring debt, waning demand, and stringent policies. This crisis reverberates through finance, economy, and society, spotlighting risks of debt and speculative growth. Fully restabilizing the real estate sector will demand careful and decisive action from the Chinese government.
[Author: Harshit Khandelwal] China has a multitude of global opportunities in a wide range of industries in the upcoming ten years. Its robust economy, characterised by steady growth, attracts investors Read more…
In the rapidly expanding landscape of China’s smartphone industry, the competition for market share intensifies. It is not easy to predict who is going to lose market share, and who is going to end up on top. Explore our latest article to learn more about the factors at play that will shape the future of the industry.
Authors: Basile Theaud, Christine Yu The “Great Sichuan earthquake”, also known as “Wenchuan earthquake”, happened on 12th May 2008 in the #Sichuan province. The #magnitude of the earthquake was 8.0 Read more…
Author: Alessandro Chen Back in March 2021, the NYSE announced it would suspend trading in China National Offshore Oil Corporation (Cnooc)’s American depository shares, due to compliance with an executive Read more…
Author: Lucy Dong Bian Lian 变脸 (‘Face Changing’) is an ancient Chinese dramatic art originated in the 1930s. It is typical of the more general Sichuan opera which, instead, dates Read more…
With the increasing globalization and growth, China’s bond market value has been steadily growing, with its size lower only to the US one. As one of the main sources to Read more…
Author: Yao Tong The earliest documented evidence of Chinese culture has existed since around 2070 BC and, with it, a rich history of music has developed. Here are some of Read more…
