Cosco Shipping Group, the Chinese state-run shipping company, is the latest to join the growing momentum in digitization through the use of blockchain technology. China Ocean Shipping Group signed a … ( read original story…
BUSINESS
EOS Is Talking China By Storm
Although most of the world’s markets continue to focus on Bitcoin, EOS has consistently topped the crypto-rankings in China – closely followed by TRON and Ethereum. ( read original story …)
Blockchain Bites: DiDi to Trial the Digital Yuan and a Look at Chainlink’s Gains
DiDi, the Chinese equivalent of Uber, is forming a task force to design and implement a trial of China’s CBDC on its transportation … Shanghai-based Cosco Shipping confirmed it would trial Ant … ( read…
Hong Kong’s National Security Law Could Threaten Local Crypto Brokerages
The U.S. sanctions on financial institutions in Hong Kong could put the city’s growing crypto brokerage businesses in jeopardy. ( read original story …)
Chinese gay dating app BlueCity focused on Asia after IPO
China’s biggest gay dating app’s owner BlueCity is focused on expanding in Asia, its founder said on Wednesday after it made its Nasdaq debut despite a U.S. securities regulator warning against … ( read original…
The Growth Of China’s New Smart Cities Hails Further Innovation For The Global Entertainment Industry
China is looking to create a catalyst of change using infrastructure through its smart cities program. How could this affect the global entertainment industry? ( read original story …)
China to test sovereign digital currency on ride hailing giant Didi
China’s central bank is partnering up with Didi Chuxing to test the use of its digital currency, which could make China’s dominant ride hailing platform one of the world’s first’s corporate users of a ……
Chinese Steelmaker Settles $16 Million Iron Ore Deal on Blockchain
A major Chinese steelmaker settled a blockchain-based $16.87 million iron ore trade with the world’s second-largest mining group, Rio Tinto and Hancock Prospecting Pty. Ltd … ( read original story …)
China’s Nanjing Iron & Steel seals blockchain iron ore deal with Rio Tinto JV
China’s Nanjing Iron & Steel Co Ltd said on Wednesday it has completed its first blockchain-backed trade in iron ore after booking a $16.87 million shipment of the steelmaking ingredient from a joint … (…
Global Brands Launch Co-branded Products, Appeal to Chinese Millennials
Such partnerships are not unheard of in the West, where luxury brands have partnered with sneaker brands to launch co-branded footwear collections. But China is taking co-branded partnerships to … ( read original story …)
Former Official Says China Needs to Reform Crypto Laws
Cointelegraph has reported previously that a Chinese Communist Party school published a book on crypto. China’s new civil code will include cryptocurrencies such as Bitcoin as part of a person … ( read original story…
Top 10 supermarket brands in China in 2019
CR Vanguard topped supermarket brands in China with sales of 95.1 billion yuan ($13.5 billion) in 2019, while Alibaba-owned retailer Freshhema witnessed the biggest jump in sales at 185.7 percent, … ( read original story…
The Upside of a New Cold War With China
War and competition, the thinking goes, lead to inherently illiberal measures. Fear favors demagogues who turn insecurity to political advantage. As the Cold War showed, this dang … ( read original story …)
