Beijing issues digital health cards on WeChat

Beijing has begun issuing electronic health cards to residents through WeChat in a pilot program facilitated by Tencent and Sinosoft Technology. Currently, patients at Peking University Hospital and Beijing Friendship Hospital can benefit from the service. According to reports (in Chinese), the digital cards are part of a broader plan to improve healthcare services by … More Beijing issues digital health cards on WeChat

China launches campaign to promote social credit system to youth

China kickstarted Light Up China with Trust (our translation of 诚信点亮中国) campaign tour in Beijing on Thursday, May 10, according to a Xinhua. The campaign aims to educate and raise awareness about the social credit system among the youth. The effort is jointly led by the Central Committee of the Communist Youth League of China … More China launches campaign to promote social credit system to youth

China’s ‘Common Destiny’ Vs. ‘America First’

According to Immanuel Wallerstein’s world systems approach, the world is a social system. This social system is made up of conflicting forces, which both hold it together through “tension” and tear it apart as each group seeks eternally to remold the system to its advantage. This is how world politics has evolved throughout modern and … More China’s ‘Common Destiny’ Vs. ‘America First’

Alipay trials digital replacement of China’s ubiquitous ID cards

A new system of official digital ID has been integrated with Alipay for making ID-validated purchases such as train tickets and for checking into hotels in test areas in eastern China. The “Resident ID Online Verification Certificate” (our translation: “居民身份证网上功能凭证”) uses the “Internet+ Trusted Identity Authentication Platform”, also known as CTID, (our translation: “互联网+可信身份认证平台”), according … More Alipay trials digital replacement of China’s ubiquitous ID cards

China launches ID authentification chip to rein personal data leak

China’s Ministry of Public Security issued the first batch of 50,000 smart chip cards in Gongqing City of Jiangxi Province in an attempt to promote safer and easier identity authentication for smartphone users. The technology is expected to have wide applications in areas such as e-commerce, social media, and administrative services. Dubbed as SIMeID, the … More China launches ID authentification chip to rein personal data leak

Xi Jinping puts China’s car industry in top gear with plans to raise foreign investment cap, lower import tariffs

Global carmakers received a double dose of good news from China’s President Xi Jinping on Tuesday: a reduction in import tariffs and a raised investment cap with regards to mainland-based factories. New energy carmakers such as Tesla are set to become the top beneficiaries of a relaxation by Beijing on foreign ownership in the automobiles … More Xi Jinping puts China’s car industry in top gear with plans to raise foreign investment cap, lower import tariffs

China Is Studying Yuan Devaluation as a Tool in Trade Spat

China is evaluating the potential impact of a gradual yuan depreciation, people familiar with the matter said, as the country’s leaders weigh their options in a trade spat with U.S. President Donald Trump that has roiled financial markets worldwide. Senior Chinese officials are studying a two-pronged analysis of the yuan that was prepared by the … More China Is Studying Yuan Devaluation as a Tool in Trade Spat

American tech sector frets as US-China trade tensions simmer

As US-China trade tensions ratchet up, the technology sector is fretting over the potential for collateral damage to one of America’s most important export industries. The tech industry is not directly affected by the new tariffs unveiled by the Trump administration which aim to target Beijing for unfair trade practices failure to protect intellectual property. … More American tech sector frets as US-China trade tensions simmer

American Retail Industry Fearful As Trade War Escalates

The trade war initiated by the Trump Administration escalated Wednesday April 4 with China adding tariffs on an additional 106 products worth up to $50 billion annually. The new tariffs mostly target basic agricultural products, including pork, soybeans, cotton, and wheat, but also include plastics, whiskey, tobacco, and vehicles. These new tariffs build on an … More American Retail Industry Fearful As Trade War Escalates