who fretted that they would complicate his U.S.-China trade deal. For more articles like this, please visit us at bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ( read original…
BUSINESS
Smartphone shipments in China fall 16% in June: government data
Smartphone shipments in China fell 16% in June compared with a year earlier, according to government data released on Tuesday. The numbers suggest that handset demand in China remains lukewarm despite … ( read original…
Chinese biotech firm Immunotech deploys IPO cash to bet on next technology to fight liver cancer
Beijing in 2016 required them to go through clinical trials … after raising HK$1 billion from an initial public offering in June. The IPO, under Hong Kong’s two year-old regime that allowed … ( read…
China’s central bank sees little need for more emergency stimulus this year
At a regular briefing with reporters on Friday, representatives of the People’s Bank of China indicated there was little need for more emergency measures that had been rolled out as Covid-19 hit … ( read…
Inside the Craze for Filecoin Crypto Mining in China
As Filecoin inches closer to a blockchain mainnet launch – after several delays since its $200 million raise in 2017 – investors in China are again speculating heavily on the network’s mining hardware … (…
3 Firms Guide Chinese Gig-Worker Platform’s $33M US IPO
Chinese gig-worker platform Quhuo started trading Friday after raising $33 million in an upsized initial public offering steered by Wilson Sonsini, Maples and Calder and Commerce & Finance Law Offices … ( read original story…
Crypto Long & Short: Dogecoin, Market Manipulation and the Downside of a Coinbase IPO
Noelle Acheson explains how the dogecoin rise exemplifies the creative destruction underway in markets, and what a potential Coinbase listing could mean for the development of crypto. ( read original story …)
The Battery Billionaire Who’s Key to Tesla’s Future in China
Tesla Inc. needs to succeed in China if it wants to dominate the world of electric cars—especially in a post-virus world. To do that, Elon Musk is turning to a battery engineer who once helped…
Why beauty brick-and-mortar Is thriving In China
Offline beauty sales are peaking now that China’s online buyers are back at brick-and-mortar chain stores. But can local beauty retailers seize the moment? ( read original story …)
China’s Fresh Meat Lovers Lament Death of Live Poultry Markets
Chen Yu used to walk a short distance to a nearby market to get fresh poultry. Now, to stew a pot of chicken soup or cook a whole duck for family gatherings, she has to…
Unitize Roundup: Top 10 Quotes From the Virtual Blockchain Conference
Vitalik Buterin, Heath Tarbert, Brock Pierce and many more — here are 10 memorable quotes to take away from five days of the Unitize virtual blockchain conference … ( read original story …)
FBI Director Wray: Americans Are The Victims Of China ‘Theft’
Wray said that China uses “a diverse range of sophisticated techniques” such as old school spying to bribing trusted insiders here in the U.S. with promises of lucrative business and investing … ( read original…
Taking Stock Of Brock: Billionaire Blockchain Mogul Speaks About His Run For President
Brock Pierce has been in the bitcoin and blockchain world as an entrepreneur and is now a billionaire. In an exclusive interview, the new Presidential Candidate as of July 4th responds to past … (…