The project has drawn scrutiny from many well-known faces in the crypto community including Ethereum co-founder Vitalik Buterin and Twitter co-founder Jack Dorsey.
Recent Posts
De-risking from China will lead to a ‘more expensive world,’ warns CEO of Singapore’s $290 billion investment firm: ‘It’s an insurance policy, you pay a premium’
Decoupling from China is out; “de-risking” from China is in … The firm’s portfolio also included a few high-profile failures, like ecommerce startup Zilingo and crypto exchange FTX. Around 53% of …
Sequoia Capital China’s Portfolio Companies In Washington’s Crosshairs
Shein and Temu are the subject of legislation that could ban them from duty-free access to U.S. consumers. Sequoia Capital China is one of their most important investors.
China May Bring In Swap Scheme for Hidden Local Gov’t Debt, Experts Say
(Yicai Global) July 26 — China’s central government will likely introduce a swap scheme for hidden local government debts to help address the issue, according to financial experts.
China’s Politburo Calls for Speedier Issuance of Local Gov’t Special Bonds
China’s positive fiscal policies have been mostly having two tools in recent years, policies to cut taxes and fees to ease companies’ burden and stimulate the market and large-scale special local government bonds to expand…
China’s Economy Looks Weak, Bad News For U.S. Exports
China’s economy should grow by 5.5% in 2023, according to the consensus of professional forecasters—but the consensus seems overly optimistic.
Impacts of China trade war still scar some US specialty crops
Overall, American agricultural exports have recovered from the trade war with China that began five years ago, but many specialty crops still suffer from Chinese retaliatory tariffs.
China In Eurasia Briefing: China’s Missing Foreign Minister Gets Replaced
Plus: a new “super” monitoring station in Tajikistan, breaking down the latest SCO summit, Central Asia’s China exports, naval exercises with Russia, and much more.
China’s Pulp and Paper Industry – Opportunities for Foreign Investors
China’s pulp and paper industry is the largest in the world, and changing consumption habits may further boost production and demand.
Dior gives Autumn-Winter season a 1950s floral feel at Shenzhen show
French fashion house Dior gave a runway show at Shenzhen’s Sea World Culture and Arts Center to reveal its 2023-2024 Autumn-Winter ready-to-wear collection last week.
China jobs: Gen Z graduates turn to cleaning as Beijing looks to domestic services to mop up unemployed youth, veterans
China has put job creation at the forefront of its economic plans and has encouraged the housekeeping industry to employ young people, after the youth unemployment rate hit a record high in June.
Defense Secretary makes historic visit to Papua New Guinea as US counters China’s influence in South Pacific
In a historic visit, Defense Secretary Lloyd Austin visits Papua New Guinea as U.S. tries to rein in China’s influence in the South Pacific
China’s consumer sentiment is down, but not when it comes to condoms
Consumer companies and economists have said sentiment in China is slower than expected, but that’s not stopping them from buying more condoms, Durex maker Reckitt said on Wednesday.