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G20 Ministers Pledge to Address Overcapacity, FCC Targets Chinese Electronics Testing Labs, and USTR Extends Section 301 Tariffs
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G20 Ministers Pledge to Address Overcapacity, FCC Targets Chinese Electronics Testing Labs, and USTR Extends Section 301 Tariffs

Trade ministers from 12 G20 countries, the EU, and Poland on Wednesday signed a US-led joint statement on addressing structural excess capacity. The statement does not directly mention China, but the sectors named in the document — autos and electric vehicles, batteries, chemicals, foundational semiconductors, and solar panels — are dominated by China. Six other G20 members, including China, did not sign.

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How the digital yuan could change China’s payment landscape

How the digital yuan could change China’s payment landscape

China has been doing public testing for its new digital currency, called the digital yuan or Digital Currency Electronic Payment. The introduction of the digital money, issued by the People’s Bank of China, has significant implications for the future of China’s payment economy and services like WeChat Pay and AliPay. To talk more about the […]

China Business Review (Archive Only)
China Cracks Down on Education Industry in Effort to Increase Birthrate

China Cracks Down on Education Industry in Effort to Increase Birthrate

Rising costs of living, a winner-takes-all college entrance system, and largely entrenched gender roles that place the burden on women to juggle work and family all play into Chinese millennials’ apathy toward having bigger families. In response to these multipronged factors, the government has recently turned its focus to the industries that it sees as adding to the pressures and expenses of raising children.

China Business Review (Archive Only) Hannah Feldshuh