The world’s top cryptocurrency, bitcoin, continued to rally on Tuesday, pushing above $49,000 during early trading. The rally comes as the Chinese government plans to ban crypto mining in the country. ( read original story…
Tagged By blockchain
China’s Ant seeks to ease staff concerns about selling company’s shares
China’s Ant Group is working on measures to help staff with “short-term liquidity problems”, its executive chairman said in internal messages, after the halting of the fintech giant’s $37 billion IPO … ( read original…
China Mobile Hong Kong Besting the Industry with Outstanding 5G Network Performance
After being rated the fastest 5G network in Hong Kong by Speedtest*, the internationally renowned internet speed evaluation website, in the fourth quarter of 2020, China Mobile Hong Kong (CMHK) has … ( read original…
China wants to dominate AI. The U.S. and Europe need each other to tame it.
The U.S. and Europe are on different paths to regulating artificial intelligence but need each other to take on China. ( read original story …)
Why China’s Huge Theatrical Recovery Doesn’t Mean Big Business in Berlin
China’s theatrical market soared over Chinese New Year, with two blockbusters earning more than $650 million, but the country’s importers of indie films are facing myriad challeng … ( read original story …)
China created 200 billionaires in 2020 as economy grew despite Covid pandemic
Zhong Shanshan (pictured), the CEO of bottled water giant Nongfu, entered China’s rich-list in top spot last year with a wealth of $85billion, as the country created 259 billionaires in a single year. ( read…
Jack Ma loses title as China’s richest man after coming under Beijing’s scrutiny
Chinese regulators also began to tighten their grip on the fintech sector and have asked Ant to fold some of its businesses into a financial holding company to be regulated like traditional financial … (…
NYSE moves to formally delist China state oil major CNOOC
The New York Stock Exchange has announced it will begin delisting CNOOC Ltd China largest oil and natural gas producer … ( read original story …)
The Story of Dezan Shira & Associates on Starter Story: How to Start a Business in China
Ellis, the Founding Partner of Dezan Shira & Associates, talks about doing business in China, expanding into emerging markets, and navigating crises periods. ( read original story …)
China’s Tech Revolution Aims to Cut Dependence on West
For U.S. 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 …)
China Gives Fintech Firms Up to Two Years to Meet Capital Rules
China’s top financial regulator said all fintech platforms that offer banking services must comply with the same capital requirements as those imposed on traditional lenders to curb risks. ( read original story …)
ZTE, China Unicom and MediaTek Complete China Unicom’s First E2E Commercial Verification of FAST
ZTE Corporation announced that ZTE, the Shandong Branch of China Unicom, and MediaTek have completed China Unicom’s first end-to-end commercial verification of FAST (Fusion Assisting Super TDD) at the … ( read original story …)
China to balance tech R&D, cooperation
Xiao Yaqing, minister of industry and information technology, said at a news conference that China has the biggest demand for industrial and information technology products, and local consumers also … ( read original story …)
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