Asia-based blockchain venture capital (VC) firm CMCC Global has announced the launch of its Titan Fund, committing $100 million to support blockchain startups in the region.
Monthly Archives For October 2023
China’s economic malaise boils down to ‘a failure to reform’ the system, Pathfinder report warns
A lack of major reform announcements by Beijing could serve to keep China’s economy in a weakened state next year ‘Structural threats to economic stability have never been greater’ for China, …
IMF likely overestimating China’s economic growth prospects, US analyst says
Questionable data supplied by Beijing to the International Monetary Fund leads to an inaccurate and inflated projection, according to research group founder Growth above 3 per cent is unlikely for …
Hong Kong Stock Exchange Launches Blockchain-Based Settlement Platform
The Hong Kong Stock Exchange’s Stock Connect system, which links Hong Kong’s stock markets with those in mainland China, is getting an upgrade thanks to blockchain technology. According to a press …
China bites back as EU launches probe into electric vehicle industry
Brussels officially opens investigation, saying it has ‘sufficient evidence’ of subsidies for Chinese EVs that could harm ‘vulnerable’ EU sector, while Beijing slams inquiry as ‘naked protectionist …
China’s property crisis has regional knock-on effects, Asean body says
The slowdown in the property market is likely to blunt China’s economic growth, but will also flow downstream to surrounding countries, an Asean economic surveillance body has said.
Blackbear-eCapital Reports HSBCs China Expansion Acquiring Citigroups Wealth Business
HSBC (HSBA) acquires Citigroups China wealth management business, reaffirming its commitment to Chinas booming economy, as the bank strategically focuses on Asias growth potential. In a strategic move …
15 Largest Food Importing Countries in the World(Written Year for each country, Revised for Fahad))
In this article, we will look at the 15 largest food importing countries in the world with insights into factors like the value and volume of food imports, and the growth rate. For a quick…
The founder of Tesla’s biggest China rival reportedly drank a glass of battery fluid to impress one of Warren Buffett’s lieutenants
The founder of Chinese automaker BYD, Tesla’s biggest global EV rival, once drank battery fluid in front of a big-name investor to show just how green the tech was.
M1 Abrams Ineffective By 2040 In Fight Against China: Army Study
A report from the Army Science Board recommends moving beyond the M1 Abrams to new, smaller tanks and uncrewed vehicles.
China in sight, India looks to West for tech
In other words, a close partnership with the US helps India advance national security, domestic economy and foreign policy goals.In 2019, Indian foreign minister S Jaishankar said the Indian …
American, Other Western Giants Betting Big on China
From relentless COVID lockdowns to allegations of high-profile human rights scandals, Western companies have had good reasons to abandon China in recent times. American companies, in particular, are …
Rising U.S.-China Tensions – It’s More than Just Politics: How Escalating Tension Can Impact Your Wallet and the Financial Landscape
For example, Apple’s stock fell by more than 6% on rumors that China would stop government workers from using iPhones. In a rapidly changing financial landscape shaped by escalating U.S.-China …
