Tag

Blockchain

Feature

Beijing's worries about digital cat images

Cat pictures helped Non-Fungible Tokens (NFT) boom in China. First, the art scene sensed good business. Now tech giants like Tencent and Alibaba are also issuing tokens. They are afraid of missing out on the next hype. But the government already put a spanner in the works of the tech industry once. Now, that could happen again.

By Ning Wang

Opinion

How will the digital renminbi change China?

China's new digital renminbi by itself will not help the currency to challenge the US dollar's global dominance. Its true significance instead lies in its potential to shift the competitive balance of power between the country's technology giants and traditional banks.

By Redaktion Table