The CCPIT also operates in the name of the China Chamber of International Commerce, and is registered as a nongovernmental national trade facilitator.
BUSINESS
TRON Leads Blockchain Payments with USDT Dominating Transactions
TRON tops blockchain payments with USDT leading transactions at 70.46%. Justin Sun announces USDT on TRON is now on Coinbase Wallet.
Autonomous driving unicorn WeRide files for US IPO amid expansion plans in China, overseas
Chinese authorities launched a cybersecurity review into Didi, two days after its IPO. Didi completed its delisting process in 2022, shortly before the Cyberspace Administration of China fined it US$1 …
Trump advocates for crypto at Bitcoin conference, promises US dominance over China
Trump for Crypto: Republican presidential candidate Donald Trump addressed a Bitcoin conference on Saturday, asserting that the US must dominate the cryptocurrency sector to prevent China from taking …
Chinese securities brokerage CSC Financial denies wrongdoing in IPOs following intern leaking incident
The case could produce ripple effects on brokerages’ IPO business, Dong Shaopeng, a senior research fellow with the Chongyang Institute for Financial Studies at the Renmin University of China, told …
Italy’s Giorgia Meloni visits China to reset ties
“She will be welcomed with a red carpet, as is normal, but there is a strong belief in the Chinese government that she is not in favour of doing business with China,” Geraci said. “It’s…
Why an IPO recovery would mean so much to Hong Kong
Venture capital investment followed a similar pattern, reaching a seven-year low in China last year, according to KPMG. Any sustained recovery in the Hong Kong IPO market would clearly help private …
China’s Xiaohongshu carves out a niche in an increasingly crowded e-commerce market
The Instagram-style platform, where people share lifestyle tips, has become a strong force in Chinese e-commerce Chinese social media platform Xiaohongshu, the Instagram-style app where young …
Bitcoin and Stocks in Red: China Rate Cut and Treasury Yield Cause Concerns
In case you missed it: #China surprised markets by cutting interest rates … If Bitcoin rallies, then the entire crypto market will likely transition into a more bullish phase based on BTC’s …
Trump Backs U.S. Bitcoin Reserve and Says Democrat Win Will Be Disaster for Crypto: ‘Every One of You Will Be Gone’
“If we don’t do it, China will do it,” he said of embracing digital assets. Crypto is “the steel industry of 100 years ago, you’re just in your infancy,” he said. “One day it probably…
‘If We Don’t Do It, China Will’: Trump’s Crypto Embrace Tightens as He Speaks at Bitcoin Event in Nashville
“If we don’t do it, China will do it,” he said, speaking in a packed hall before over 3,000 attendees in Nashville. Crypto is “the steel industry of 100 years ago, you’re just in your…
Exports boost China’s industrial profits in first half, but recovery still looks patchy
Industrial enterprises see year-on-year profit growth of 3.5 per cent, but subsidies, overcapacity and weak demand could complicate picture.
China: Typhoon Gaemi continues northward trajectory, bringing strong winds, rainstorms
China – July 26, 2024 Several provinces in eastern China are … Temporary traffic controls have been implemented, while many business operations have been suspended in the county. After making landfall in Fujian, Typhoon Gaemi…