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New Chinese enterprise blockchain tech to integrate with digital yuan - Ledger Insights

3 weeks ago A new Chinese homegrown enterprise blockchain Chang’an Chain will be integrated with the digital yuan following an agreement between the central bank’s Digital Currency Research Institute and the Beijing Academy of Blockchain and Edge Computing (BABEC).  China’s central bank digital currency (CBDC) does not use blockchain at its core because the technology was deemed to be insufficiently scalable. The blockchain collaboration aims to use the digital renminbi as smart money by adding programmable characteristics. Together the organizations plan to explore new transaction and business models. Few additional details were given. But the interesting aspect is the new Chang’an Chain which was unveiled in late January. It seems this might be the “national” blockchain technology.

Noodle-maker Monde Nissin files to raise $1 3b in largest-ever Philippine IPO

Noodle-maker Monde Nissin files to raise $1 3b in largest-ever Philippine IPO
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

Interview: Greece eager to continue cooperation with China in post-pandemic era, says minister - World News

2021-03-03 03:05:52 GMT2021-03-03 11:05:52(Beijing Time) Xinhua English ATHENS, March 3 (Xinhua) The Greek government is eager to continue cooperation with China in the post-pandemic era, as China has contributed significantly to Greece s economic recovery in recent years, Greek Minister of Development and Investments Adonis Georgiadis told Xinhua in a recent interview. The COVID-19 pandemic plunged the Greek economy into recession. The country has just started to recover after a severe decade-long debt crisis that pushed it to the brink of bankruptcy. Priorities and timetables in the government s plans have changed, as has happened across the world. As mass vaccinations have brought hope for an exit from the health crisis, Greece wants to return to the right track and resume its collaboration with China in many fields at full speed, the minister said.

New Plans Reveal How China s Grid Is Prepping for Net-Zero Carbon

In September 2020, China’s President Xi Jinping told the U.N. General Assembly that the country is aiming to be carbon-neutral by 2060. In December he set a 2030 wind and solar capacity goal of 1,200 gigawatts, up from around 450 GW today. The publication of China’s 14 th five-year plan, covering 2021-2025, is expected this month. It will likely include more details on the first stages of this path to net-zero carbon. On Monday the nation’s grid company released its plan to make this happen. The State Grid Corporation of China is the world’s largest utility company. As of 2020, it was responsible for the transmission of that 450 GW of installed wind and solar power. Tripling that in a decade will be quite a challenge.

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