Author: Thefuturedatainsights

https://www.usdanalytics.com/industry-reports/payment-security-service-market Payment Security Service Market Study Payment Security Services Major Types Payment Security Services Top Applications Payment Security Services Top Regions/Countries Top Payment Security Service Companies in the World China’s cross-border yuan payment system has signed up more financial entities from Africa, Central Asia and the Middle East, as Beijing accelerates efforts to promote the global use of its currency amid rising tensions with the United States. A group of six financial institutions officially joined the yuan-based Cross-border Interbank Payment System (CIPS) as direct participants during a ceremony in Shanghai on Wednesday, becoming the latest entities to sign up to…

China reduced its stockpile of US Treasuries to a 16-year low in April, as an escalating trade war with Washington sparked concerns about the long-standing status of American government bonds as the world’s safest asset.Beijing’s holdings dropped to US$757 billion, down US$8.2 billion from March, according to the latest data released by the US Treasury Department. The figures for April marked the second consecutive month of decline and the lowest level since March 2009, according to data compiled by Wind.Having already slipped to the No. 3 position among foreign holders in March – behind Japan and the United Kingdom –…

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing.1. China to evacuate citizens from Israel via Egypt border as conflict escalatesChina’s embassy in Israel said it would begin evacuating nationals via the Egyptian border from Friday. Hundreds have already left the country, while about 1,600 Chinese citizens have left Iran over the last few days.2. Will US actively join Israel against Iran? Pentagon chief stays mumAs the world watched anxiously to see whether the Middle East would descend into wider war and the US…

China’s youth unemployment rate fell for the third consecutive month in May, but remained higher than at the same point last year, suggesting the job market is still under intense pressure ahead of a critical graduation season.The youth jobless rate, which covers those aged 16 to 24 living in urban areas, excluding students, stood at 14.9 per cent last month, down from 15.8 per cent the previous month, according to data released by the National Bureau of Statistics (NBS) on Wednesday.But the rate remains higher than the 14.2 per cent reading recorded last May, and is likely to shoot up…

The company developing China’s first home-grown widebody passenger jet – the C929 – is aiming to see it make its maiden commercial flight by 2035, foreign partners have been told at this week’s Paris Air Show, according to a person familiar with the discussion.The time frame, although longer than previous estimates, was in line with the “long-haul” one that Boeing and Airbus used when developing their first widebodies and reflected Commercial Aircraft Corporation of China’s (Comac) “prudence” and emphasis on safety, the person, who requested anonymity, added.Comac told its partners this week that it expects the C929 – which is…

Hong Kong will assess the risks and study Beijing’s monetary policies before launching yuan-pegged stablecoins to bolster the internationalisation of the Chinese currency, according to a local senior official.Christopher Hui Ching-yu, Secretary for Financial Services and the Treasury, said during a panel on Wednesday at the Lujiazui Forum in Shanghai that while Hong Kong was technically ready to proceed, more time was needed to evaluate the advantages and disadvantages of issuing such a cryptocurrency.“The risks and monetary policy directions must be studied, as there will be both benefits and drawbacks to issuing a linked stablecoin,” he said. “We need to…

As Beijing looks to shore up China’s economic growth amid mounting challenges, Premier Li Qiang has called on Jiangsu province, a key manufacturing hub on the country’s east coast, to step up its efforts in technology, trade and consumption.During a three-day visit to the province from Monday, Li emphasised the importance of embracing innovative development, stimulating effective demand, fostering entrepreneurship, and deepening reform and opening up to support China’s sustained economic growth.“Jiangsu has a solid economic foundation and strong capabilities, but it also faces higher development expectations,” Li said, calling on the province’s officials and residents to stay focused on…

Credit: Ahmed Muntasir from Pexels The recent crash of an Air India Boeing 787 Dreamliner in Ahmedabad has prompted widespread discussion about potential causes. As an expert with a background in aircraft design, I would not attempt to speculate on the cause of the incident. We should wait for the crash investigators to carry out a rigorous analysis. Instead, I will explain the various flight scenarios currently being discussed in the public domain, and explore what each of them implies from the perspective of aircraft design and performance. Understanding how such factors interact with aircraft systems and flight performance can…

The tech industry talks a lot about how AI is going to transform work. Legal startup Crosby, which just came out of stealth with a $5.8 million seed round led by Sequoia, is perhaps the most extreme example of what’s coming that we’ve seen to date. Crosby isn’t just making AI software for lawyers — although it is doing that. Crosby is an actual law firm using AI to provide legal services at a speed never before possible. Rather than selling tech to lawyers, Crosby has hired lawyers who use its internally developed AI software. It sells contract-review legal services,…

Personal Mobility Devices Market By Product Walking Aids -Rollators -Premium Rollators -Low-Cost Rollators -Others Wheelchairs -Manual wheelchairs -Powered Wheelchairs Scooters Geographical Analysis North America (United States, Canada, Mexico) Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific) South America (Brazil, Argentina, Rest of South America) Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa) Personal Mobility Devices Market Companies Arjo Drive DeVilbiss Healthcare GF Health Products Inc Invacare Corp Kaye Products Inc Medline Industries Inc Ottobock Patricia Industries Performance Health…