Russia has revamped the rules of the cryptocurrency game within its borders. In short: cryptocurrencies like Bitcoin, Ether, and others can be traded, but no goods and services in Russia are allowed … ( read…
Tagged By beijing
Ucommune Group Holdings withdraws $100 million US IPO in favor of SPAC merger
Ucommune Group Holdings, a leading provider of shared work space in China, officially withdrew its plans for an initial public offering on Thursday. It originally filed in December 2019 with a … ( read original…
Bitcoin Association to partner with CSDN on Bitcoin SV DevCon: China
Bitcoin Association, the global industry organization that works to advance business with Bitcoin SV, today announces the … ( read original story …)
Siemens CEO: China business performing better than pre-crisis
Siemens CEO Joe Kaeser discusses the impact of the coronavirus pandemic on the German engineering company’s third-quarter earnings. ( read original story …)
How TikTok Found Itself in the Middle of a U.S.-China Tech War
Banning TikTok would be an escalation, but in keeping with a broader trend of economic disengagement between the rival superpowers … ( read original story …)
China sentences Canadian to death on drugs charge
A Chinese court has sentenced a Canadian citizen to death on charges of producing the drug ketamine. A court notice in the city of Guangzhou said Xu Weihong was found guilty after a trial. His alleged…
INTERVIEW: Blockchain can help ‘antique’ iron ore industry thrive amid global steel slump, DBS Bank says
Blockchain technology can help the global iron ore industry thrive amid the headwinds encountered by steelmaking countries around the world, according to Singapore’s DBS Bank. “Much of the iron ore … ( read original story…
Hong Kong foreign press says journalists being targeted in US-China standoff
Foreign journalists in Hong Kong are facing “highly unusual” visa delays at a time of high tension between the US and China, a group representing international media has said. The Foreign … ( read original…
‘China’s LVMH’ Shandong Ruyi resists Lycra sale in favour of IPO amid debt crisis: sources
One of the sources said Ruyi believed Lycra would be better valued via an IPO, rather than a trade sale. Last year Ruyi had suggested it could list the company on China’s new tech-focused STAR…
Shenzhen embraces Hong Kong in financial markets integration plan, a prelude to easier capital controls
Shenzhen, the richest mainland city in Greater Bay Area, has presented a blueprint to boost market integration with Hong Kong in a prelude to greater cross-border capital flows. ( read original story …)
Hong Kong Is Losing Its Charm for Expats as China Tightens the Screws
The city’s expatriate community is shrinking, as new restrictions by China on speech and political activities and a tumultuous year of protests have diminished the allure of living and working in the … ( read original…
Think ‘sanctions’ will trouble China? Then you’re stuck in the politics of the past
The complex history of how China and the US once embraced each other should inform how the current showdown is tackled, says artist and activist Ai Weiwei … ( read original story …)
Microsoft’s bid for TikTok could hang on its long history in China
Microsoft has spent decades building goodwill with Beijing, and that could help its bid to buy TikTok’s operations in the United States and a few other countries. That is, unless deteriorating … ( read original…
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