Ant Group's Ant Financial Completes First Domestic RWA Based on New Energy Physical Assets in Hong Kong, Powering Ensemble Sandbox Project
Ant Group's Ant Financial Completes First Domestic RWA Based on New Energy Physical Assets in Hong Kong, Powering Ensemble Sandbox ProjectOn August 28, the Hong Kong Monetary Authority (HKMA) announced the first-phase progress of its Ensemble (Sandbox) project. Among them, the first domestic RWA based on new energy physical assets, completed by Ant Financial and Langxin Technology in Hong Kong, was officially announced...
China's 7-Year Ban on "Foreign Garbage": How Are Developed Countries Doing Now?
China's 7-Year Ban on "Foreign Garbage": How Are Developed Countries Doing Now?Why Import Foreign Waste?To save costs, the Chinese government encouraged the import of foreign waste and established numerous recycling and processing plants. Foreign waste contained significant amounts of metals, plastics, and discarded electronic equipment, all of which could be recycled...
Apple in China: Behind the Double Standard "Apple Tax" Lies a Game of Monopoly and Antitrust
Apple in China: Behind the Double Standard "Apple Tax" Lies a Game of Monopoly and AntitrustSince the iPhone 4s opened up the market for Apple, "Apple phones" have become the top choice for young people buying phones. Especially in China, more than 5 out of 10 young people choose Apple, yet, facing such a massive market, Apple doesn't cherish it, instead, they start to "act up"...
China's Cargo Spaceship Rises: Challenging the Dominance of the US and Russia, Leading a New Era of Space Logistics
China's Cargo Spaceship Rises: Challenging the Dominance of the US and Russia, Leading a New Era of Space LogisticsThe US and Russia are the "pioneers" in the field of cargo spaceships, having accumulated extensive experience in technology and holding a leading position worldwide. One of the key indicators for measuring cargo spaceship capabilities is its carrying capacity...
Why does China use iron instead of stainless steel for its railway tracks?
Why does China use iron instead of stainless steel for its railway tracks?China's railway construction, from the birth of the Shanghai Public Tramway in 1861 to the nationwide railway network today, has spanned over a century, witnessing technological advancements and the changing times. Throughout this long development process, the materials used for railway tracks have evolved from cast iron to steel and then to high manganese steel...
Rescuing the Doomed: How Chinese Scientists Brought Back "Dead" Satellites
Rescuing the Doomed: How Chinese Scientists Brought Back "Dead" SatellitesIn March 2024, China successfully launched two satellites named DRO-A and DRO-B from the Xichang Satellite Launch Center, marking another significant advancement in Chinese space technology. However, an unexpected incident occurred during the launch: the upper stage of the rocket malfunctioned, causing the satellites to deviate from their intended orbits...
The Light of Domestic Production? A Deep Dive into HarmonyOS
The Light of Domestic Production? A Deep Dive into HarmonyOSIn recent years, the emergence of the domestic mobile phone operating system "HarmonyOS" has sparked widespread attention and discussion. Some people are full of expectations for it, believing it to be the hope for domestic mobile phone systems, while others remain skeptical, considering it to be just another gimmick...
July 17, 2014: The Downfall of MH17 and the International Pursuit of Truth
July 17, 2014: The Downfall of MH17 and the International Pursuit of TruthOn a peaceful afternoon of July 17, 2014, MH17 took off from Amsterdam, bound for Kuala Lumpur. This Boeing 777, operated by Malaysia Airlines, carried 298 passengers and crew members from diverse backgrounds and nations...
Why Do Planes Avoid Flying Over Tibet?
Why Do Planes Avoid Flying Over Tibet?Tibet boasts eight civilian airports, but why do most planes choose to take longer, fuel-consuming routes instead of flying directly over the region? Do airplanes experience "altitude sickness" too?The Tibetan Plateau, a vast expanse averaging over 4,000 meters in elevation, appears as a "vacuum zone" on airline route maps. One might wonder if it's simply the high altitude that prevents planes from flying over it...
Apple Tax War Escalates: ByteDance and Tencent Team Up to Challenge Apple's Dominance
Apple Tax War Escalates: ByteDance and Tencent Team Up to Challenge Apple's DominanceRecently, the conflict between Apple and WeChat and Douyin has intensified. The core of this dispute is the controversial "Apple tax...
Why Do We Always Board Planes from the Left? Historical and Safety Considerations
Why Do We Always Board Planes from the Left? Historical and Safety ConsiderationsHave you ever noticed that, regardless of the aircraft you board, we always enter through the left side door? This isn't a coincidence; it's rooted in a rich history and thoughtful safety considerations.A Habit Stemming from the Age of SailingThe tradition of boarding planes from the left can be traced back to ancient seafaring...
Dong Mingzhu and Wang Zirui's "GREE Tiger": Truth and Speculation
Dong Mingzhu and Wang Zirui's "GREE Tiger": Truth and SpeculationTwenty days ago, GREE held a new product launch conference in Shijiazhuang. After the conference, Dong Mingzhu, surrounded by her executives, took a night tour of the Rongguo Mansion, the filming location for "Dream of the Red Chamber...