China’s Inner Mongolia will end all cryptocurrency mining projects and stop reviewing new projects in industries which consume large amounts of energy, such as steel, coke and methanol production, … ( read original story …)
Tagged By blockchain
China-based Pop Culture Group files and sets terms for a $30 million US IPO
Pop Culture Group, which plans and hosts hip-hop events and programs in China, filed on Tuesday with the SEC to raise up to $30 million in an initial public offering. The Xiamen, China-based company ……
China’s Inner Mongolia Plans to Shut Down Bitcoin Mining Operations by April This Year
Inner Mongolia, an autonomous region in northern China, is planning to shut down all cryptocurrency mining activities in the area by April. ( read original story …)
Xi mobilises China for technology revolution
For US politicians, China’s potential to dominate sensitive cutting-edge technologies poses one of the biggest geopolitical threats of the next few decades. President Xi Jinping is similarly worried … ( read original story …)
Stepping Up the Tech Fight Against China
Beijing has been churning out patents, spending on R&D, while the U.S. fiddles. ( read original story …)
Jack Ma loses China’s richest tag after coming under Beijing’s scrutiny
Jack Ma, head of Alibaba and the Ant Group, who also recently came under the state’s radar following his anti-government stances, has lost his spot as the richest man in China. Ma, who … (…
Jack Ma Loses Title Of China’s Richest Man, Now Ranks Fourth After Ant Group Fallout
A crackdown on fintech in China has hurt the valuation of one of the country’s larger companies, and led to changes in the ranking of China’s wealthiest people. ( read original story …)
Chairman of Alibaba’s Ant Group insists IPO is still on the cards
Chinese officials cited antitrust issues when they halted Ant Group’s IPO last year days before the planned $37 billion listing in Hong Kong and Shanghai. ( read original story …)
iClick Helps Emerging Toothpaste Brand blispring Achieve Remarkable Sales Growth
Click Interactive Asia Group Limited (“iClick” or the “Company”) (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, is pleased to share the success of its … ( read original story…
Cartesian Capital Group Announces New Partners in Tim Hortons China
Cartesian Capital Group, LLC (“Cartesian”) announced today that its portfolio company Tim Hortons China (“Tims China”) has secured a further round of financing, led by Sequoia Capital China and … ( read original story …)
Business Unwrapped – China’s culture and customs
With Olly Mann, Kari Wilkin and guest expert Tom Simpson of the China-Britain Business Council. ( read original story …)
U.S. manufacturers are hopeful for recovery, but worried about rising prices
Axios VisualsPurchasing managers’ indexes for the manufacturing sector are moving in opposite directions in the U.S. and China.Why it matters: China’s economy was the first in the world to bounce back … ( read original…
Yatsen to Acquire Prestige Skincare Brand Eve Lom
GUANGZHOU, China and LONDON, United Kingdom, March 2, 2021 /PRNewswire/ — Yatsen Holding Limited (“Yatsen” or the “Company”) (NYSE: YSG), a leader in the rapidly evolving China beauty market, today … ( read original story…
