Bitcoin fell to a two-week low amid an intensifying cryptocurrency crackdown in China.The largest virtual currency fell 11% to $31,886 as of 7:26 a.m. in New York. Ether declined 15% to $1,910.China …
Monthly Archives For June 2021
Sales Associate Live Streaming Has Become A Must-Have For Brands In China
Brands in China have shifted away from costly influencer collaborations, training sales associates to become their in-house live streamers – and its driving results.
How China broke the Asian model
What do you think is unique about the China model?” That was the question posed to me by a television reporter, last time I was in Beijing. My answer was that I don’t think there…
China reforms bank deposit rate system to unleash liquidity for small businesses
The People’s Bank of China (PBOC) has changed the way banks calculate deposit rates, lowering fundraising costs for financial institutions to ensure liquidity for small businesses.
Ag exports to China could continue to climb
Former ag trade negotiator Gregg Doud shares his insight on future ag export potential to China. China’s demand for meat and grain will continue, helping to fuel higher U.S. commodity prices, says …
China’s Trade Relationship with its Neighboring Countries: A Snapshot
A brief look at China’s trade relationship with its 14 neighbor countries, including top import and export items, trade balance, and applicable FTAs/DTA.
How Energy Intensity Clouds Blockchain’s Future
If blockchain is ever to fulfill its potential as a reliable way of recording key business transactions, it’s going to have to burn a lot less energy that it does today.
Ether Drops Below $2K, Bitcoin Wilts as Agricultural Bank of China Reiterates Crypto Ban
Bitcoin, ether, and other cryptocurrencies are trading in the red after the Agricultural Bank of China reiterated its ban on crypto in a now-deleted statement. Ether, the second-largest cryptocurrency …
Amazon, Apple most valuable brands but China’s rising – Kantar survey
Amazon (AMZN.O) and Apple (AAPL.O) are the world’s most valuable brands but Chinese brands are rising up the leaders list and are more valuable than Europe’s top brands, according to a global ranking …
China’s PBOC Orders Alipay, Banks Not to Assist Crypto Business
China said Monday it had ordered domestic banks and Ant Group Co. payment platform Alipay not to provide services linked to trading of virtual currencies, tightening the reins on the cryptocurrency …
China cuts 2nd batch of crude oil import quotas for private refiners – document, sources
China has issued 35.24 million tonnes of crude oil import quotas to non-state refiners in a second batch of allowances for 2021, a 35% drop from the same slot last year, according to a government…
Coronavirus: mass testing in Dongguan as China tries to keep lid on Covid-19
Covid-19 has dominated infections in the provincial upsurge, the first time it has hit China. Seen by experts as highly transmissible, the variant was first identified in India. Dongguan launched a …
Hi-tech hub Shenzhen allows firms to impose no-pay leave on workers who refuse Covid-19 testing
The measure forms part of the Shenzhen government’s zero-tolerance approach to sporadic coronavirus infections in the hi-tech hub.
