People walk near a Baidu logo at the company headquarters in Beijing, China April 23, 2021. REUTERS/Florence Lo …
Tagged By blockchain
Here’s What’s Really Behind Crypto’s Latest Drop
If you were wondering about the story behind this latest crash, look no further than Celsius. Celsius is an app that lets users earn interest on their cryptos by lending and staking them across DeFi.
Bill Gates Blasts Crypto, NFTs as Based on ‘Greater-Fool’ Theory
Billionaire Bill Gates dismissed cryptocurrency projects such as nonfungible tokens as shams “based on the greater-fool theory” at a climate conference Tuesday, reviving past criticisms of digital …
Forever 21 Takes Third Crack at China With New Bricks and Mortar Store
American fast fashion retailer Forever 21 is making its third tilt at the China market, with plans to open a physical store in the country later this month. The brand said on social media platform…
China regulator denies Ant Group restarting IPO
The prospect of Alibaba’s listing of its financial arm Ant Group moving forward after an 18-month delay was dampened by the securities regulator denying it is looking at resuming the IPO. In a brief …
China’s shoppers are still on strike and youth unemployment is rising
China’s economy showed some signs of improvement … as services industries that tend to hire younger workers were hit hardest by business shutdowns and restrictions on consumer activities.
Alibaba’s Intime ties up with 16 brands for recycling initiative
Around 60 recycling stations will accept used clothing for recycling. Intime, a brick-and-mortar retailer owned by Alibaba Group, has joined forces with 16 brands in China to encourage customers to go …
Aliens? China says it may have detected signs of life beyond Earth
China’s state-backed Science and Technology Daily released a report about several new possible artificial signals detected by the 500-meter ‘Sky Eye’ Five-hundred-meter Aperture Spherical Telescope …
China handset brands penetrate own chips into midrange models
Chinese handset vendors Oppo, Vivo and Xiaomi continue to strengthen in-house development of chipsets for greater product differentiation, and they are moving to expand the penetration of such …
China’s Factories Perk Up, But Frail Consumption Points To Weak Economic Recovery
The uptick in the industrial sector was underpinned by the easing of COVID curbs and strong global demand. China’s exports grew at a double-digit pace in May, shattering expectations, as factories …
China Says It May Have Detected Signals From Alien Civilizations
China said its giant Sky Eye telescope may have picked up signs of life beyond Earth, according to a report by the state-backed Science and Technology Daily, which then appeared to have deleted the …
China’s CNOOC completes first offshore carbon capture site
Chinese state-owned oil and gas firm CNOOC Ltd has completed the country’s first offshore carbon capture and storage project designed to permanently bury carbon dioxide in the seabed, state media …
China’s factories perk up, but weak consumption points to slow economic recovery
China’s economy showed signs of recovery in May after slumping in the prior month as industrial production rose unexpectedly, but consumption was still weak and underlined the challenge for …
