Earlier this year, the social media and short-form video app TikTok, owned by Chinese internet technology company Bytedance, closed a deal to continue operating in the US, following years of negotiation between Beijing and Washington. The deal establishes a US-based joint venture structure, ensuring its continued access for millions of American users while addressing the political and regulatory concerns that have long caused tension.

Both sides should aim for mutually beneficial models through innovative thinking and flexible approaches. 

Escalating geopolitical competition is fundamentally reshaping the global economy by increasingly prioritising national security over economic efficiency as the dominant factor in resource allocation. If current trends persist, this shift will have a significant impact on global technological innovation.

China has long been the dominant player in the global photovoltaic industry supply pattern. With the ongoing Russia-Ukraine conflict and Europe's swift energy transition, the European Union's reliance on photovoltaic imports from China has been on the rise.

“Cash is king!” That is a phrase that hasn’t aged well. In China, at least, cash is rapidly becoming obsolete.

To compete in the future, it is imperative that business managers understand what it means to go digital, raise digital awareness, and become digitally savvy.

Recently, the People’s Bank of China (PBoC) released the Fintech Development Plan 2019-2021, including guidelines, basic principles, development targets, key tasks and supportive measures for fintech development in the next three years. The plan has attracted a lot of industry attention. But, what is the purpose for introducing this plan? What impact will it have on the fintech industry? And, what does the future hold for fintech?