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Posted on 19/08/2022

Blockchain venture capital funding down over 43% in July: Report

Typically a lagging indicator of the sector’s health, the explosion of venture funding in the blockchain sector in 2021 and the first half of 2022 appears to be cooling off after seven consecutive ...

Posted on 19/08/2022

China Mobile and ZTE complete commercial trial of co-routing detection in existing optical network

ZTE Corporation together with the Yunnan Branch of China Mobile, has completed the commercial trial of co-routing detection in China Mobile’s existing optical network in Yunnan Province, China. The ...

Posted on 19/08/2022

China’s gold imports from Switzerland have soared to a 5-year high as Covid-19 lockdowns ease

The 80 tons of gold China imported in July were more than double the volume in June and eight times more than in May.

Posted on 19/08/2022

China allocates 420 million yuan for disaster relief

China on Wednesday earmarked 420 million yuan (about 62 million U.S. dollars) of disaster relief funds to support flood control and drought relief work. Among the emergency funds, which were allocated ...

Posted on 19/08/2022

China’s United Imaging debuts on Monday after biggest STAR Market IPO this year

Shanghai United Imaging Healthcare Co will start public trading next Monday, the company said, after raising roughly $1.6 billion in the biggest initial public offering (IPO) on Shanghai's ...

Posted on 19/08/2022

Yangtze River at record low as China attempts to ‘induce’ rainfall with cloud-seeding planes

Asia’s largest waterway, the Yangtze River, is now at record low levels amid a historic drought and record-breaking heatwave in China, with the country now attempting to induce rainfall with ...

Posted on 18/08/2022

China Tourism Group prices Hong Kong IPO at HK$158, raising US$2.1 billion

The world’s largest travel retailer by sales prices Hong Kong IPO at HK$158 per share, helping it raise US$2.1 billion in what amounts to the city’s top deal this year.

Posted on 18/08/2022

China lockdowns hit top names in the beauty business

Estée Lauder cut its full-year sales and profit forecasts earlier this year, citing Covid-19 lockdowns in China as a major factor in disrupting supply chains. The company said its distribution ...

Posted on 18/08/2022

China’s GDP growth forecasts slashed as coronavirus, a property sector slump and heatwaves erode economic recovery

Global investment banks Standard Chartered, Goldman Sachs and Nomura have all cut their 2022 economic growth forecasts for China New coronavirus outbreaks and downward pressure on the real estate ...

Posted on 18/08/2022

Taiwan’s Missiles Can Threaten Beijing But The Island’s Fire Power Is No Match For China

Taiwanese leaders have not been shy of highlighting what the island's missiles can do, but they aren't enough to alter the real military balance in the Taiwan Strait.

Posted on 18/08/2022

China regulator to push ahead with reforms in smaller banks to tackle risks

China's banking sector regulator will push ahead with reforms in the country's small-and-medium-sized lenders to defuse financial risks, it said on Thursday, at a time when the world's second-largest ...

Posted on 18/08/2022

China’s longest heatwave brings costlier eggs and more economic woes

China is enduring the longest and most severe heatwave in six decades that has left residents parched, industries without power and also threatens to hurt the country’s critical autumn harvest, adding ...

Posted on 18/08/2022

China Is Ramping Up Swiss Gold Imports, Signaling Better Demand

China’s gold imports from the major refining hub of Switzerland jumped to the highest in more than five years, signaling demand improved as the Asian nation relaxed strict Covid measures.

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