They then claim to be using blockchain technology. However, the International Olympic Committee holds … official Olympic activities have a strict approval process and rules for gaining sponsors and … ( read original story …)
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China’s Olympic Committee Sounds Alarm On Potential Blockchain Fraud
SoftBank-Backed Fintech Firm Joins Chinese Conglomerate to Build Blockchain Platform
OneConnect, the fintech wing of Ping An Insurance Group, is building a logistics-tracking blockchain platform with the China Merchants Port Group. ( read original story …)
Tesla Completes Blockchain Pilot to Speed China Imports Process
U.S. electric car manufacturer Tesla is working with the Shanghai Port Group to test if blockchain can make the process of importing goods into China any easier. In an announcement Tuesday, blockchain … ( read…
China auto sales sink 48.4% in March as virus hurts demand
China’s auto sales sank 48.4% in March from a year ago as the economy reeled from the c, adding to strains for the struggling industry … ( read original story …)
IOST (IOST) Among Top 5 Projects in the Latest Chinese Blockchain Rankings
China’s Center for Information and Industry Development (CCID), a body under the Ministry of Industry and Information Technology, has released the latest ranking for cryptocurrency and blockchain … ( read original story …)
An Hermès Boutique in China Made $2.7 Million in One Day After It Reopened
Is Hermès ’ blockbuster reopening in China a barometer of things to come in post-pandemic luxury shopping? The French heritage brand’s Guangzhou flagship store reportedly achieved $2.7 million in … ( read original story …)
Chinese tech giants Tencent, Alibaba filed for the most blockchain patents last year
Chinese tech giants Tencent and Alibaba filed the most blockchain patents in 2019. Together, they accounted for over 20% of the total.The post Chinese tech giants Tencent, Alibaba filed for the most … ( read…
As world turns to China for PPE, U.S. buyers risk knock-offs and price gouging
Aubrey Layne, Virginia’s secretary of finance, is responsible for purchasing his state’s supply of PPE, and he’s turning to China. “We need the masks, the respirators, all the gowns, the gloves,” … ( read original…
Crypto regulations to tighten in China?
It appears that the cryptocurrency regulations in China are tightening up, causing some changes in the crypto landscape. Binance CEO Changpeng “CZ” Zhao believes that tightening regulation could lead … ( read original story …)
RENAULT: Groupe Renault sets its new Strategy for China
Groupe Renault will focus in China on light commercial vehicles (LCV) and electric vehicles (EV). Groupe Renault will transfer its shares in Dongfeng Renault Automotive Company Ltd (DRAC) to Dongfeng … ( read original story…
Chinese Financial Watchdog Warns of Manipulative Crypto Exchanges
The National Internet Finance Association of China (NIFA), a major Chinese financial watchdog, warned investors of rising risks in crypto investments. While manipulation is a longstanding concern for … ( read original story …)
Crypto Market Update: Bitcoin moves down in Chinese rating, EOS retains leadership
CCID published the cryptocurrency rating, Bitcoin moved to the 14th place. The cryptocurrency market is under pressure, BTC stays below $7,000. The Chinese Center if Information Technology Development … ( read original story …)
BRIEF-Beijing Wantai Biological Pharmacy Sets Pricing For Shanghai IPO
BEIJING WANTAI BIOLOGICAL PHARMACY ENTERPRISE CO LTD * SAYS IT AIMS TO RAISE UP TO 381.5 MILLION YUAN ($54.11 million) IN INITIAL SHANGHAI SHARE OFFERING Sour … ( read original story …)
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