In a latest move, China is defying its own stringent anti-crypto policies by accelerating efforts to establish a massive blockchain network …
BUSINESS
China intensifies efforts to establish comprehensive blockchain network: Here’s why
China is escalating its efforts to create a comprehensive blockchain network, despite maintaining a strict policy against cryptocurrencies. The objective of this initiative is to …
US Asks South Korea to Toughen Up Export Controls on China Chips
The US is asking South Korea to adopt restrictions on semiconductor technology exports to China similar to those Washington has already implemented, another sign the Biden administration is stepping …
Multinationals embrace new opportunities created by China’s green transition
The green transformation represents a technological revolution, where international green technologies are reintegrated into China and merged with local innovations to create new collaborative models …
Tech war: updated US semiconductor export restrictions raise demand in China for Nvidia’s RTX 4090 graphics card
Merchants at Shenzhen’s Huaqiangbei, the world’s biggest wholesale electronics marketplace, are stockpiling graphics cards ahead of the revised US curbs’ roll-out on April 4.
China Launches Public Blockchain Infrastructure For Belt And Road Projects
Crypto-unfriendly China has launched a blockchain infrastructure that will reportedly not include any tokens or cryptocurrencies.
China Developers’ Shares Suspended in Hong Kong for Missing Results Deadline
Several Chinese developers’ shares have been suspended from trading in Hong Kong starting Tuesday due to their failure to meet the deadline for publishing last year’s annual results, another sign of …
China Embraces Blockchain: The Conflux Network Partnership Amid Cryptocurrency Skepticism
China’s strategic pivot towards blockchain technology, in partnership with Conflux Network, marks a significant shift in its economic policy.
China EV Sales: Tesla Rivals Nio, Li Auto, XPeng Rise On March Deliveries
Tesla rivals Li Auto, Nio and XPeng met or beat low expectations for March and first-quarter deliveries. BYD sales rebounded.
Despite Crypto Ban, China Embraces Blockchain for Belt and Road Initiative
Shanghai Tree Blockchain Research Institute itself is the developer behind the Conflux blockchain. However, seeing the Chinese government’s ban on cryptocurrency, its partnership with Conflux will …
India, Korea and Japan to See More IPOs While China Stalls
Sign up here.After the worst quarter in five years for Asia Pacific initial public offerings, a pick up in activity is expected from South Korea, India and Japan while Chinese deals are likely to …
Fast fashion retailer Shein doubles profits as it awaits IPO approval
Company founded in China and promoted on social media is thought to be considering London listing …
Syngenta Pulls USD9 Billion Shanghai IPO
(Yicai) April 1 — Syngenta Group, a Swiss agrochemicals and seeds giant owned by China National Chemical, has called off its CNY65 billion (USD9 billion) initial public offering on the main board of …