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Euromoney Pandemic prompts e-hongbao gifts across Asia

One impact of the pandemic in Asia is that it is going to make for a radically different Chinese New Year. Across Chinese communities in Asia, it is routine for people to give money in a red envelope, known as hongbao, at this time of year. In mainland China, groups such as Ant and Tencent have long offered digitized versions of the hongbao traditions so that people can pass these gifts through their phones. WeChat Pay launched them in 2014. Thanks to the pandemic, the e-hongbao is now taking ...
Across Chinese Chat Pay Jacquelyn Tan குறுக்கே சீன அரட்டை செலுத்த ஜாக்குலின் பழுப்பு

Trump orders ban on transactions with more Chinese apps

Trump orders ban on transactions with more Chinese apps by Barbara Ortutay And Michael Liedtke, The Associated Press Posted Jan 5, 2021 7:56 pm EDT Last Updated Jan 5, 2021 at 7:58 pm EDT President Donald Trump has signed an executive order banning transactions with eight Chinese apps including Alipay and WeChat Pay. The order goes into effect in 45 days, at which point Joe Biden will be the president, so its fate is unclear. The orders follow two others Trump signed in August banning dealings ...
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'Misuse of national security': China criticises US order against dealing with Chinese payment apps

Misuse of national security: China criticises US order against dealing with Chinese payment apps Tuesdays order escalated a conflict with Beijing over technology, security and spying accusations that has plunged US-Chinese relations to their lowest level in decades. Share Via Email   |  A+A A- A military honor guard await the arrival of Chinese President Xi Jinping at the White House in Washington. (File photo| AP) By Associated Press BEIJING: Chinas government on Wednesday accused Was...
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China Tech Digest: Biotech Firms Rush To List In China, Huawei Debuts Low Price Lidar

Total0 Biopharmaceutical companies rush for IPO on Science and Technology Innovation Board Recently, numerous biopharmaceutical companies such as Nanmo Biology, Jiachuang Biology, Maiwei Biology, Dana Biology, Sailun Biology have applied for IPO on the Sci-tech Innovation Board. The companies are involved in innovative drug development, innovative drug services, original and unique drugs, and in vitro diagnostics Products and many other sub-industries. According to Wind data, as of December 21...
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