New analysis by PwC shows blockchain technology has the potential to boost the global gross domestic product by $1.76 trillion over the next decade. ( read original story …)
BUSINESS
Another Crypto Exchange Halts Withdrawals as China Detains Founder
CEO Global, a Hong Kong-based cryptocurrency exchange, recently announced that the Chinese authorities have taken one of its founders under the latest crackdown on fraudulent SIM card and bank account … ( read original story…
Xinhua Silk Road: China’s iconic sedan brand Hongqi unveils new luxury electric SUV model E-HS9 at Boao Forum
Hongqi, a brand under China’s leading automaker FAW Group, unveiled its new model E-HS9 at the 2020 Boao Forum for Entrepreneurs late Friday. Hongqi E-HS9 is the first full-size all-electric SUV … ( read original…
PLA reforms drive China into second place after US in global arms market
The global arms market was dominated by US and Chinese companies in 2019, while the Middle East made its first appearance among the 25 biggest weapons manufacturers, according to a research institute … ( read…
China’s Experimental Stock Board Gains 200th IPO Just Over a Year After Launching
The Nasdaq-style Shanghai Star Market launched in July 2019 in an effort to improve the ability of innovative companies to access public market financing. ( read original story …)
China’s market-beating liquor stocks fancied by money managers keep others wary of valuation, investing blunders
The market-beating run of China’s biggest liquor distillers are keeping many investors in jubilant mood in a catastrophic year of pandemic. Others are preparing to greet the new year with caution. ( read original story…
17 Education’s Nasdaq Debut Gives China VC Shunwei Its 8th IPO In 2020
Friday’s Nasdaq debut by 17 Education & Technology Group, a K-12 education company, generated the eighth IPO this year of a business backed by Beijing-headquartered Shunwei Capital. Shunwei’s chairman … ( read original story …)
Blockchain-as-a-Service Market 2020: Business Dynamics, Comprehensive Analysis, Growth, Trends, Prospects and Opportunities till 2023
Dec 06, 2020 (Heraldkeepers) — The adoption of blockchain-as-a-service (BaaS) has risen in recent years, as it lets organizations focus on their core … ( read original story …)
The US and China are breaking up. The only question now is how ugly it will get.
“Decoupling” isn’t coming; it’s already here. And how the US chooses to face it will make or break our nation. ( read original story …)
China-US relations: a clash of values that could ‘turn out badly’
The Chinese economy is growing while everyone else is shrinking, with Beijing on track to displace Washington in Asia, he says. ( read original story …)
China’s Perfect Diary woos cosmetics shoppers via social media
Yatsen Holding, the Chinese startup behind the fast-growing Perfect Diary cosmetic brand, owes its dizzying ascent to a laser focus on the social media generation. Yatsen nearly quintupled revenue in … ( read original story…
Hong Kong Crypto Exchange Founder Taken Amid China’s Crackdown on Fraudulent Bank Accounts
Hong Kong-based crypto exchange CEO Global said Saturday one of its founders has been taken away by authority to assist with an investigation for 15 days and it has no idea when he may return.…
Why China is now looking to have its say on international law
Four years after a decision against it on the South China Sea, Beijing is taking more of an interest in global rules and the way they are made. ( read original story …)
