Canaan is considering an IPO in Hong Kong or the United States … N.G. Zhang, the company’s 35-year-old co-founder and CEO, said Canaan employs around 200 in Beijing and Hangzhou, mostly in chip research and…
Featured Posts Title
Heavy Rains Leave 5 Dead in China’s North While Tropical Storm Maysak Hits the South and Vietnam
US citizen Min Zin arrested in China over Chinese Myanmar interests
Pastor freed from prison in China weeks after Trump requested his release
Iran’s Envoy to China Says Beijing to Get Hormuz Concessions
China’s military promotes 2 new generals after anti-corruption purge thins ranks
Australia Tried to Push Back on China. China Pushed Harder.
In a hit low-budget film, Beijing sees a way to court Chinese communities abroad
Recent Posts
Cryptocurrency miner Canaan eyes IPO; bets on China’s push for chip industry
China sperm bank demands loyalty to Communist Party
Beijing’s only sperm bank has set loyalty to the Communist Party as a prerequisite for donors, in a sign that China’s increasing emphasis on ideological training is being extended to the womb. The bizarre requirement…
China says will fight back ‘at any cost’ against U.S. trade tariffs
China has repeatedly vowed that it would open up sectors such as financial services. President Xi Jinping next week is expected to unveil fresh measures on reform and his country’s opening up at the high-profile…
Chinese bitcoin miner eyes IPO, prefers to list outside mainland
HONG KONG (Reuters) – China’s Canaan Creative, one of the world’s largest crypto-currency mining equipment makers, said it was considering an IPO outside the mainland … Its main competitors include Beijing-based Bitmain, which makes the…
China’s trade war advantage is a huge and increasingly sophisticated economy: Don Pittis
As U.S. President Donald Trump threatens what many say is an unnecessary trade war with China, he may be creating an even more dangerous and powerful trade competitor. Rather than cowing China into submission with…
China will fight U.S. protectionism ‘at any cost’
China warned it would fight back “at any cost” with fresh measures to safeguard its interests if the United States sticks to its protectionist actions, after U.S. President Donald Trump threatened an extra $100 billion…
China says it will fight US ‘at any cost’ after Trump proposal for $100B in new tariffs
China’s commerce ministry on Friday said it would fight the … the technology and intellectual property of American companies and American people.” Fox News Edmund DeMarche, Samuel Chamberlain and the Associated Press contributed to this…
Reserve Bank of Australia worried about China’s debt bomb
China’s rapidly growing pile of debt has long been regarded as one of the biggest risks to the global economy. However, despite loud predictions from the likes of hedge fund manager Jim Chanos and investor…
How China’s economy grows even as credit tightens
Why is it important to reduce debt? Although China’s economy can seem like a juggernaut, it’s a leading candidate for a banking crisis, reckons the Bank for International Settlements. Few things would threaten economic and,…
China’s property boom spreads to poorer rural areas as fears grow of a debt time bomb
When Li Jing returned to her rural hometown in southeast China for the Lunar New Year in February she was shocked to find the house prices had shot by around 30 per cent compared with…
U.S., China rivalry poses risks, benefits for Latin America
The March 24 ceremony celebrated the Washington-based Inter-American Development Bank’s (IDB) choice to hold its next annual meeting in Chengdu, China, a decision criticized by the United States, whose regional influence has been increasingly challenged…
Time-honored brands trying new ideas
China’s time-honored brands, known as laozihao, are adopting fresh operation modes to catch the eyes of the country’s increasingly sophisticated consumers. Recently, traditional Chinese herbal tea producer Guangzhou Wanglaoji Pharmaceutical Co Ltd launched … (…
China’s drive to restore its lost greatness
Since the Asian Infrastructure Investment Bank tweeted last week that Canada is now officially a full member, it hasn’t exactly made headlines. This is ostensibly a prelude for trade talks with China in an increasingly…