Reading Time: 2 minutes China is reportedly planning to create a metaverse-based digital identity system According to a recent report, China intends to host its social credit system in the virtual world The proposal was presented by state-owned China Mobile China continues increasing its involvement in the blockchain world with a proposed plan to create
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Investing.com– The People’s Bank of China cut its one-year loan prime rate by a smaller-than-expected margin on Monday, while five-year rates were left unchanged as the country grapples with slowing economic activity. The PBOC cut its one-year (LPR) to 3.45% from 3.55%, while the , which is used to determine mortgage rates, was left unchanged
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© Reuters. People look at the skyline of the central business district (CBD), on the day of the opening session of the National People’s Congress (NPC), during a hazy day in Beijing, China, March 5, 2021. REUTERS/Thomas Peter/File photo By Andrew Hayley and Ethan Wang BEIJING (Reuters) -China’s State Council issued guidelines on Sunday that
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