President Xi wants China to be the world’s leader in blockchain technology but has banned its most popular uses. Students and faculty wonder whether universities can successfully teach blockchain with ...
China’s central bank declares victory in cryptocurrency crackdown ahead of the Communist Party’s national congress
The People's Bank of China touted its success in curbing onshore transactions of bitcoin in a WeChat post on Monday Beijing sees cryptocurrencies and NFTs as a threat to financial stability and ...
China’s Fashion Metaverse: Who Is Shaping the Landscape?
The combination of the metaverse, creative design and fashion consumption will lead the industry into the next era and likely cause further disruption.
PC Vendors Accelerate Moving Manufacturing Out Of China
China's upcoming 20th National Congress should give all PC and tech manufacturers a clearer picture of any potential they may have for making their products in China in the near term. But it is clear ...
Crypto Tycoon’s Bitdeer Debuts Fund Targeting Distressed Miners
Chinese crypto billionaire Jihan Wu is setting up a $250 million fund to buy distressed assets from Bitcoin miners, as the industry reels from this year’s steep drop in digital-asset prices.
The Real Story Behind China’s Battery-Draining Push Notifications
Five years ago, a powerful government body set up a new organization and tasked it with bringing an end to pushy phone notifications. Why didn’t it work?
China’s industrial firms strive for profit recovery
Despite profit decline in the first eight months of 2022, China's industrial firms are on the right track to profit recovery with improved industry structure and government policy support. Industrial ...
Deal Watch: Where Did All the IPOs Go?
Davis Polk partner Roshni Banker Cariello said inflation, geopolitical strife and poor market performance by companies that went public last year have all contributed to the slow IPO market this year.
China says it busted US$5.6B crypto money laundering ring
Chinese police have busted a large criminal group allegedly behind a 40 billion yuan (US$5.6 billion) crypto money laundering case, as the country steps up efforts to combat illicit fund flows. See ...
China Faces Growing Pressure to Stabilise Imports, Exports: Vice Commerce Minister
China is facing growing pressure to stabilise its imports and exports and the major challenge is the slowing growth of external demand, vice commerce minister Wang Shouwen said at a press conference ...
Vietnam’s steel exports to China nosedive
China is no longer a major export market for Vietnamese-made steel, as revenue from steel shipments to the northern neighbor has plummeted, the General Department of Vietnam Customs reported. Vietnam ...
China’s Renewables Growth Lifts Copper Demand as Housing Falters
China’s rapid build-up of clean energy is claiming more copper, supporting the market at a time when traditional sources of demand like housing are in the dumps.
China Business Risks Likely To Keep Rising After Party Congress, Scholar Says
Foreign companies doing business with China that have endured heightened risks this year from geopolitical tension and Covid-19 pandemic fallout aren’t likely to get much of a break after the ...