BSN chooses CasperLabs as the blockchain service provider for a major southeastern Chinese port cityZUG, Switzerland, Feb. 23, 2022 (GLOBE NEWSWIRE) — CasperLabs, a leading blockchain software …
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Puma Sees No End to China Woes as Sportswear Brands Suffer From Continued Boycott
Puma SE’s sales performance in China remains heavily affected by a consumer boycott that began last year and it is unclear when the company will return to organic growth in the key market, its chief…
Sinochem completes China’s first blockchain warehouse receipt pledge for crude oil
Sinochem, China’s fourth-largest state-controlled oil company, has carried out the country’s first digital warehouse receipt pledge for crude oil, using 66 Cloud Chain, its blockchain-based supply …
China boosts support for export credit insurance
China is moving to step up support for export credit insurance as part of its efforts to spur the stable growth of foreign trade R …
China’s Zhejiang Province Implements Punitive Electricity Prices for Crypto Mining
The National Development and Reform Commission, China’s top economic planning body, proposed punitive electricity prices for crypto miners in November 2021. The NDRC’s Zhejiang branch and the local …
Xinhua Headlines: Foreign enterprises ready to explore “blue ocean” in China’s Olympic economy
Driven by the Beijing Winter Olympics, business opportunities in China’s ice and snow sports market have become a “blue ocean” in the eyes of foreign brands. * Investments will involve the whole ice …
Can crypto bans work?
A number of countries, but most notably China, have banned cryptocurrencies. But what does this mean in practice and will it work: There is no legal protection or recourse for holders of crypto assets …
Pandora Wants to Triple Its Revenue in China. Will It Succeed?
Pandora’s latest annual report explained how it wanted to triple its China revenue. But with shaky footing in the country, is that really possible?
How much trade support can Russia find in China?
Given the delicate situation in Ukraine and the US imposition of sanctions on Russia, followed by the European Union (EU), it seems important to assess how much Russia can rely on China as a trading…
Alibaba halts $1 billion pre-IPO fundraising plan for Lazada: report
Chinese e-commerce giant Alibaba has called off discussions with potential investors for a $1 billion pre-IPO round for its Southeast Asia e-commerce arm Lazada, Bloomberg reported on Wednesday, …
Investors fear more regulatory crackdowns on China’s tech giants
After enduring the government’s regulatory storm that began in late 2020, companies ranging from e-commerce giant Alibaba to gaming mogul Tencent to ride-hailing giant Didi have largely kept a low …
Lee Hamilton: China commands our attention
Winter Olympics the just concluded in Beijing again focused the world’s attention on China. The games provided China an opportunity to impress a worldwide audience and to distract attention from …
Biden wants to cut into China’s electric battery dominance
President Joe Biden highlighted his efforts to counter China’s dominance of the electric battery market as he touted domestic efforts to mine and process lithium and rare metals.
