Miners in China have reportedly been struggling to pay for electricity after authorities started cracking down on OTC brokers in the country … ( read original story …)
Monthly Archives For November 2020
Zilliz raises $43 million as investors rush to China’s open source software
For years, founders and investors in China had little interest in open source software because it did not seem like the most viable business model. Zilliz’s latest financing round shows that attitude … ( read…
$3 billion blockchain bond sale delayed ‘until further notice’
The listing of China Construction Bank’s blockchain-based debt issuance bonds has been delayed “at the request of the issuer” until further notice, according to a Nov. 13 statement from the Fusang … ( read original…
Behind China’s ‘pork miracle’: how technology is transforming rural hog farming – podcast
As Chinese demand for pork grows and grows, traditional small-scale farms are being replaced by vast, AI-assisted operations that feel more like smartphone factories than bucolic countryside havens … ( read original story …)
China Merchants Ends USD1.1 Billion Deal to Buy Shenzhen Nanyou Stake
A property developer under China Merchants Group has terminated a CNY7 billion (USD1.1 billion) deal to take a stake in Shenzhen Nanyou Holdings, the main holder of land in Qianhai Bay Free Trade Port ……
Kaisa Selects Chairman’s Son as Co-President of Shenzhen Developer
Kaisa Group Holdings has named Kwok Hiu-kwan, son of chairman Kwok Ying-shing, as co-president of the group, effective 5 November. ( read original story …)
China rescue: British diplomat Stephen Ellison saves drowning woman
A British diplomat has been hailed as a hero after diving into a river in China to save a drowning student. Stephen Ellison, 61, consul-general in Chongqing, was walking by a river in a nearby…
While Training Continues, China’s Prized Women’s Hockey Players Are in Russia
Winter Games 15 months away, at a time teams would normally be paring their rosters, the North American imports aren’t in the Beijing training bubble. ( read original story …)
China’s economy shakes off COVID slump
Business China’s economy shakes off COVID slump. Posted . China’s factory output rose faster than expected in October and retail sales sped up, as the recovery in the world’s seco … ( read original story…
China signs huge Asia Pacific trade deal with 14 countries
China has just joined forces with more than a dozen countries across the Asia Pacific region to sign a huge free trade deal nearly a decade in the making. ( read original story …)
Biden’s China Policy? A Balancing Act for a Toxic Relationship
As president, Joe Biden will face deep dilemmas, and a lot of unfinished business, stemming from President Trump’s multiyear onslaught against China. ( read original story …)
How China and Germany became partners on technical standardization
Republicans warn about America’s “woeful absence” in the setting of technical standards for 5G networks, along with calls for Washington to work with “allies to stanch the spread” of Huawei’s … ( read original story…
Global stocks rise on further dose of COVID-19 vaccine positivity and strong China factory data
Investors are eagerly anticipating results from vaccine candidates including Moderna, AstraZeneca, and Janssen. ( read original story …)