China’s largest podcast and audio app operator Ximalaya Inc., which is seeking an initial public offering in Hong Kong, has warned prospective investors that it could fall foul of online publishing …
BUSINESS
Shanghai Pilots Offshore Use of Digital Yuan on Conflux Blockchain
The city of Shanghai opened a blockchain research lab out of the Shanghai Maritime University for enhanced fintech innovation.
Shanghai Man: China declares victory over crypto — Is this the end of the crackdown? – Cointelegraph Magazine
Victory for the regulators After a tumultuous summer of crackdowns, the Chinese regulators are declaring their victory in eliminating illegal cryptocurrency trading activities in the country. This …
Podcast Leader Ximalaya Mounts New IPO Bid Closer to Home in Hong Kong
Ximalaya’s ditching of its New York listing plan in favor of Hong Kong could mark the start of a new trend for Chinese tech firms that previously favored the …
Wall Street’s Love Affair With China Is Headed For Trouble
Throughout 2020, even as back-to-back U.S. administrations were mobilizing “China Free” supply chain initiatives and sanctioning Chinese companies and individuals for a host of issues—from the South …
China’s wheat imports reach highest level in more than two decades
China is the world’s largest consumer of wheat, accounting for 19 percent of global wheat consumption in marketing year 2020/21 (July–June), more than four times the U.S. share. China also became a …
CAPPMA head: China’s exports will continue to decrease
Imports of seafood into China dropped by 15 to 17 percent in 2020 [and] the margin of decrease will be similar this year. The volume of imports has not recovered to its 2019 levels. The…
Outer Finds $50M In Funding For Outdoor Living Brand
Santa Monica-based direct-to-consumer brand Outer, which sells outdoor living furniture and related products, has raised $50M in a Series B funding round, the company said this week. The funding was …
2022 Buick Envision Introduces New GS Version In China
As GM Authority exclusively anticipated in late August, General Motors just officially launched the 2022 Buick Envision range with the introduction of the all-new GS version of the crossover in China.
Bad for business: World Bank China rigging scandal rattles investors
Economists at investment funds expressed dismay on Friday at revelations that World Bank leaders put “undue pressure” on staff to boost China’s ranking in its influential “Doing Business 2018” report, …
Trump abandoned this giant trade deal. Now, China wants in
By Diksha Madhok, CNN Business China has applied to join a major Asia-Pacific trade partnership that the United States ditched several years ago, as the world’s second largest economy tries to bolster …
China suspended imports of Vietnamese dragon fruit over Covid
China has suspended imports of dragon fruit from Vietnam, stating it found traces of the coronavirus. This amounts to a temporary halt to a $1 billion market, as Beijing continues …
China suspends dragon fruit imports through Vietnam’s northern border gate after discovering coronavirus on shipment
China has suspended dragon fruit imports from Vietnamese fruit manufacturers via a border gate in northern Quang Ninh Province, after the coronavirus was found on the packaging of a shipment, …