China’s top economic official gave an unusual public show of support for digital platform companies Tuesday, suggesting Beijing may be ready to let up on …
Tagged By blockchain
World Telecom Day: How can tech be more friendly to China’s elderly? World Telecom Day: How can tech be more friendly to China’s elderly?
China’s top telecom carriers have pledged to make life easier for the growing number of senior citizens amid increased use of digital services in announcements commemorating World Telecommunication …
Crypto Rout: Another Stablecoin Falls After UST and Luna
Cryptocurrency prices undermined by fears of recession. Tokens, which are supposed to reduce volatility, are collapsing.
Bitcoin mining bounces back in China as country takes second-largest global hashrate share
In October last year, the US surpassed China for the first time to become the global crypto mining leader. The Asian nation had spent months clamping …
US port director on how China’s COVID lockdowns impact cargo shipments
Port of Los Angeles Executive Director Gene Seroka revealed how China’s COVID lockdowns have impacted cargo shipments at his port.
China’s fiscal reform aims to improve business environment
China’s Ministry of Finance, the National Audit Office and the State Tax Administration held a press conference on May 17 to review their work over the past decade. They said reform has helped improve …
European exporters avoiding China due to pricing, access problems
Des Moore, the owner of Irish oyster farmer and exporter Belles Isle, has ceased shipping to China due to the turbulence he’s faced getting his products through Customs. “There has been a general …
China Tech Stocks Surge on Bets Crackdown to Ease, JPM’s Shift
with Sunny Optical Technology Group and Li Auto Inc. the top performers. JD.com Inc. also traded higher ahead of its earnings later in the day. China’s top political advisory body is hosting a …
Daily Markets: Retail Spending, China’s Zero Covid Announcement Lifts Market Mood
Hong Kong’s Hang Seng led the way up 3.27%, driven by tech as China indicated is has reached its Covid Zero status, which assumedly means life is close to returning to normal, including production and…
China Ban on Bitcoin Mining Fails Epically According to New Data
In 2021, China imposed an outright ban on bitcoin (BTC) mining, leading to a material shift in the mining landscape. The ban pushed the US into the forefront of crypto mining, which led to a…
CHINA UNICOM Establishes Corps Facing 9 Industries
CHINA UNICOM (00762.HK) announced to establish corps facing nine vertical industries. The nine industries that will be covered are equipment manufacturing, smart mining, smart steel, clothing …
Dow Futures Rise, Tech Outperforms, China Lockdowns Ease—and What Else Is Happening in the Stock Market Today
Stocks rose as China moved to curb Covid-19 lockdowns that have threatened global disruption, with a wave of U.S. economic data and Federal Reserve speakers in the day ahead as investors continue to …
Luxury Brands Are Counting on Americans to Keep Spending
With parts of China in lockdown, brands need demand in the U.S. to stay high. But the less-wealthy shoppers who powered last year’s boom now have less cash to splash.
