Yuan

Beyond the Dollar

The global economy is at a crossroads with the US dollar’s future as the world reserve currency facing fresh challenges. For decades, the stability and dominance of the dollar have given the United States significant advantages in global trade, investment, and geopolitical influence. However, as emerging economies like China and India rise in prominence, their currencies are gaining traction in international transactions, challenging the dollar’s hegemony. China, in particular, has been busy over the past few months, actively promoting the Yuan and seeking to challenge US dominance in the global

China’s Walled Garden

Continuing our theme of speaking with people in the world of finance and technology we asked insiders at ByteDance in Shanghai their views about blockchain technology. The results give some useful insight into one of the likely narratives of the next bull run. In previous cycles narratives have ranged from Bitcoin being digital gold to NFTs being the cutting edge of the art scene. These topics pull new users into the space and with their added liquidity the value of the market begins to rise. The present decline in value

How to watch the CoD: Mobile Masters China season two finals

The grand finals for the Call of Duty: Mobile Masters China season two will take place on Oct. 16. Qing Jiu Club (Q9) and FunPlus Phoenix will be locking horns for one spot to the CoD: Mobile World Championship 2021 Finals. Q9 has had a fantastic season so far. They finished at the top of the table in the group stage with just two losses and 44 points, while FPX placed fourth. This won’t be the first encounter between the two Chinese teams in the playoffs either, as they had

Nova Esports take home over $600K after winning the PEL Season 3

Defending PUBG Mobile world champions Nova Esports have been crowned the winners of the Peacekeeper Elite League (PEL) season three. The PEL is played on Peacekeeper Elite, the Chinese remake of PUBG Mobile.  Nova Esports didn’t have the most impressive start to the PEL finals and could only score 26 points in the first day. This saw the team place 13th after five matches. They made a comeback on the second day, though, and got two first-place and a second-place finish, along with a staggering 39 kills. On the back

Thundertalk Gaming win LPL qualifier to make it to the Wild Rift: Horizon Cup

Thundertalk Gaming became the second Chinese team to make it to the Wild Rift: Horizon Cup after winning the LPL qualifier today. The qualifier took place from Sept. 11 to 30, with all 17 organization in the League of Legends Pro League (LPL) fielding Wild Rift rosters. Besides the one million Chinese Yuan (about $155,000) prize pool, the teams were competing for a single spot in the Horizon cup and five spots in the Wild Rift League, which is an upcoming competition for the game in China. Thundertalk had a

Wolves becomes first soccer club to enter Chinese mobile esports league KPL

The Wolverhampton Wanderers (commonly known as Wolves), who compete in the Premier League, has become the first soccer club to enter the King Pro League (KPL), it announced yesterday. The KPL is the premier competition for Tencent’s mobile MOBA game Honor of Kings in China. Fosun International, which is a Chinese conglomerate and the owner of Wolves, acquired KPL team Chongqing QGhappy to make this happen. The 2021 World Champion Cup winner has now been rebranded to Chongqing Wolves as it continues to be the home team of the Southwestern

Wild Rift, CODM, Peackeeper Elite leagues postponed due to China’s new restrictions on gaming

Several esports leagues have been impacted after China’s game regulators announced strict restrictions for minor gamers in the country, which restricts anyone under 18 years old from playing video games more than three hours per week. Three mobile esports leagues—the Call of Duty: Mobile Masters, Peacekeeper Elite League, and the LPL Qualifier for League of Legends: Wild Rift—have been postponed as they each attempt to comply with the new policy. In separate statements on Weibo, the leagues announced the competitions are being postponed to “carry out age compliance work for

Da Kun Gaming become first team to qualify for the Wild Rift World Championship 2021

Da Kun Gaming from China have become the first team to secure a spot at the League of Legends: Wild Rift World Championship, which will happen later this year. The team won the Spark Invitational yesterday to book a ticket to the world championship. The Spark Invitational was an offline event in Shanghai, China, that featured 16 non-LPL teams competing for a share of the 500,000 Chinese Yuan (about $77,000) prize pool and one spot at the world championship. Da Kun Gaming cruised through the playoffs after a dominating performance

Former LPL pro Uzi is launching an esports team and recruiting players in Wild Rift

Retired LPL champion Jian “Uzi” Zi-Hao is launching an esports organization baed in Shanghai, China called Ultra Fantastic Gaming (UFG). Uzi and popular Chinese singer Fan Chengcheng are the co-founders of UFG. The mobile gaming division of this new org is recruiting for a team in League of Legends Mobile. In China, Riot’s mobile MOBA Wild Rift is called League Mobile. It’s expected to release later this year and will be published by Tencent. Related: How to watch the first Wild Rift esports tournament in China: League Mobile Super Burning

How to watch the Peacekeeper Elite League 2021 S2 Finals

The finals for the Peacekeeper Elite League (PEL) 2021 season two will happen from June 10 to 13. The top 15 teams from the regular season will lock horns to decide the champions. The PEL has a humongous prize pool of 15 million Chinese yuan (about $2.3 million). It is played on the Chinese version of PUBG Mobile, called Peacekeeper Elite (also known as Game for Peace). Besides the prize pool, the finals of the PEL will grant championship points to the team. After all four seasons of the PEL