The People’s Bank of China is reportedly nearing launch of the world’s first state-backed cryptocurrency, called Digital Currency Electronic Payment (DCEP), and combating illegal online gambling is one of its purposes.
It’s difficult to enter a tourist hotspot in Asia without observing signs written in Chinese, or a street vendor shouting greetings in Mandarin - a testament to the influence of Chinese outbound tourism.
Suncity Group said its working with the Chinese province of Chengdu to help promote the region’s food culture.
China is likely to account for 20 percent of the global tourism market by 2030, with the market splitting into three distinct segments, the China Outbound Tourism Institute (Cotri) estimates.
Police from the Philippines and China are planning to work together to tackle the illegal kidnapping of Chinese nationals, which has been on the...