Thursday, October 29, 2020
Tags Chinese cloud computing

Tag: Chinese cloud computing

Bank of China Launches First Cloud-driven Idle Goods Trading and Poverty Alleviation Platform

Big state-owned lender Bank of China (BOC) has just launched a new cloud-powered idle goods trading platform as part of efforts to...

Tencent’s 2020 Digital China Report Highlights Pearl River Digitisation, Nationwide Surge in Cloud Usage

A new report from Tencent on the state of China's digital economy points to the widespread digitisation measures of cities in the...

Cloud Infrastructure Spending in China up 70% in Q2 2020, Alibaba, Tencent Lead Spending

Spending on cloud infrastructure services surged in China in the second quarter of 2020, amidst a global rise in expenditures in the...

Ex-Securities Chief Calls for Creation of Specialised Cloud to Cover All Chinese Financial Data

The former head of the Chinese securities regulator has called for the creation of a cloud computing system that encompasses all data...

Tencent Cloud Establishes Industry Blockchain League, Aims to Recruit at Least 100 Members in 2020

The cloud computing subsidiary of Chinese tech giant Tencent has just launched an ambitious new industry association for the blockchain sector.

Alibaba Enters 700 Million Yuan Cloud Computing Deal with China Insurance Group

Alibaba has just entered the biggest ever deal for the development of a cloud computing platform in the Chinese financial sector.

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Fake Digital Renminbi Wallets Have Already Emerged on the Chinese Market: Chinese Central Bank

Chinese regulators are already contending with the appearance of fake wallets for the statutory digital currency which is currently undergoing trial operation...

Jack Ma’s Ant Group Valued at over $313 Billion by IPO Pricing

The pricing for Ant Group's upcoming IPO in Hong Kong and Shanghai puts the value of the fintech giant at 2.1 trillion...

Yangtze River Delta Digital Financial Data Centre Will Issue Digital Renminbi

A new fintech institution launched in the eastern Chinese economic hub of the Yangtze River Delta will play a key infrastructure role...

Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...