Business

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16 01, 2022

The gamification of banking: how Hong Kong virtual lender ZA Bank uses mobile games to attract and maintain customers

By | 2022-01-16T02:00:21+00:00 January 16th, 2022|Business|Comments Off on The gamification of banking: how Hong Kong virtual lender ZA Bank uses mobile games to attract and maintain customers

Covid restrictions are preventing Annelise Murray, a 22-year-old English teacher in Hong Kong, from taking trips with her friends to Macau’s casinos.But she still recently managed to win big on a slot machine, walking away with HK$4,700 (US$600) – enou...

15 01, 2022

Shanghai government caps price on ‘blind boxes’, prohibits sale to children aged below 8

By | 2022-01-15T09:30:11+00:00 January 15th, 2022|Business|Comments Off on Shanghai government caps price on ‘blind boxes’, prohibits sale to children aged below 8

Shanghai’s market regulator on Friday issued a new directive that puts a cap on the price of so-called blind boxes – popular sealed packages that contain collectible goods – and restricts sales to young children.The Shanghai Administration for Market R...

14 01, 2022

Japan’s Canon to cut production at Zhuhai factory, with full shutdown in southern China looming

By | 2022-01-14T14:15:10+00:00 January 14th, 2022|Business|Comments Off on Japan’s Canon to cut production at Zhuhai factory, with full shutdown in southern China looming

Japanese optical product maker Canon will close part of its Zhuhai factory in southern China, with a full shutdown of the 32-year plant being considered, due to shrinking demand in the digital camera market and continued fallout from the coronavirus.Ru...

14 01, 2022

China state think tank sees ‘targeted decoupling’ in supply chains with the West as a top risk for 2022 amid rising tensions

By | 2022-01-14T14:00:09+00:00 January 14th, 2022|Business|Comments Off on China state think tank sees ‘targeted decoupling’ in supply chains with the West as a top risk for 2022 amid rising tensions

A Chinese state think tank has listed a “targeted decoupling of supply chains” as one of the top 10 global risks in 2022, along with mutations of the Covid-19 virus, underlining how serious the issue is viewed by top scholars in the country.The list, w...

13 01, 2022

China to pursue major standards-setting role in 6G mobile technology amid Chinese lab’s recent breakthrough

By | 2022-01-13T12:30:16+00:00 January 13th, 2022|Business|Comments Off on China to pursue major standards-setting role in 6G mobile technology amid Chinese lab’s recent breakthrough

China will boost support for 6G research and development and “proactively take part in setting international standards” for the sixth-generation mobile communications technology, according to Beijing’s latest digital economy plan.The State Council, Chi...

13 01, 2022

China’s local governments rush to embrace metaverse despite state media warnings

By | 2022-01-13T12:00:12+00:00 January 13th, 2022|Business|Comments Off on China’s local governments rush to embrace metaverse despite state media warnings

The metaverse concept is being featured in a slew of work plans by local governments in China, even as state media outlets have repeatedly warned domestic companies against engaging in what they called a market frenzy.Authorities in the central city of...