This week, activewear label Vuori picked up $400 million from SoftBank, while Scott Sternberg’s basics line Entireworld announced its shuttering. Why did two brands that thrived on pandemic fashion …
Monthly Archives For October 2021
China to launch second manned mission to space station as it powers its way to the top
China will launch a three-person crew into space in the early hours of Saturday — a major step for the country’s young space program, rapidly becoming one of the world’s most advanced.
China is sending a female astronaut for a 6-month stay on its new space station
Wang Yaping, 41, will also become China’s first female spacewalker. She and two male colleagues are expected to spend six months aboard the Tiangong station.
People’s Bank of China Says Evergrande Debt Situation Is ‘Controllable,’ Market Is Stable
The director of the financial markets department said the government would ensure individual house purchases were safe.
China catches hundreds of banned crypto miners stealing electricity amid energy crisis
Banned crypto miners reportedly siphoned electricity from public agencies and universities during an electricity crunch caused by a coal shortage.
Hong Kong seizes smuggled Australian lobsters amid China ban
Australian lobsters seized by the Hong Kong Customs during an anti-smuggling operation, are displayed at a news conference in Hong Kong, Friday, HONG KONG (AP) — Hong Kong and mainland authorities …
China’s booming real estate market could spell trouble for the economy
Housing activity accounts for 29% of GDP but Evergrande’s debt crisis is sign that things could soon change …
LinkedIn tries to play down China demise
As 54m Chinese LinkedIn users woke up on Friday wondering about the future of the professional networking site, Lu Jian was busy trying to put a positive spin on what looked like a full-scale retreat.
China’s Debt Problems Are A Serious Matter, For Americans, Too.
Credit rating agencies began to downgrade much Chinese corporate debt to levels that point to default, while all eyes turned to some $229 million of the Beijing-based Xinyuan Real Estate Company’s …
Chinese Premier Visited EHang Exhibition Booth at the China Import and Export Fair
The 130th China Import and Export Fair (“Canton Fair”) officially kicked off on October 14 th in Guangzhou, Guangdong Province, China. Chinese Premier Li Keqiang was in attendance at the opening …
Crypto Imperiling $7 Trillion Of Stocks Makes China’s Point
The problem is the way crypto risks are “creeping” into more than $7 trillion worth of market capitalization in the old-school analog stock market.
Bitcoin miners make US an industry leader after China crackdown as climate fears weigh
New data shows the U.S. now leads the world in Bitcoin Mining followed by Kazakhstan, Russia and Canada. Here’s what it might mean.
Crypto Unfiltered Episode 10: Here’s Why China Has Banned Cryptocurrency
In this week’s Crypto Unfiltered, we look at some of the reason why China has banned the trade of cryptocurrency and we also dive into the future of crypto mining. We speak with some experts…
