Old Version
PBoC Cuts Reserve Ratio by O.5%
The People’s Bank of China (PBoC) announced on July 9 that it will cut the required reserve ratio (RRR) for financial organs by 0.5 percent as of July 15, excluding those that already implemented a RRR of 5 percent.
END OF THE RIDE?
The listing of Didi, China’s dominant car-sharing platform, on the New York Stock Exchange prompted China to launch a high-profile cybersecurity investigation into the company amid tightening control over data security of internet companies
Virtual Shutdown
China has strengthened supervision of cryptocurrency trading and mining, citing carbon reduction goals. But curbing investors' appetites for crypto will not be easy, experts say
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PLAY DATES
The booming online audio industry has spurred the renaissance of audio dramas. Despite their popularity, producers find it hard to turn plays into profits
China Treats Q1 GDP Growth with Caution
A recent work meeting held by Chinese politburo on April 30 proposed to “treat the Q1 economic data dialectically.”
Tesla’s Trials and Errors
A Tesla owner’s protest over a crash reflects loopholes in data management as experts call out new energy vehicle firms for risking customer safety