PayPal Holding Inc has become the first foreign operator with 100% control of a payment platform in China, according to Chinese government data, as the U.S. fintech giant eyes a bigger foothold in a ……
Tagged By blockchain
Hivestack Appoints Troy Yang Managing Director of North Asia as They Expand to China
Hivestack today announced the expansion of its business operations into China and the appointment of Troy Yang as Managing Director, North Asia. ( read original story …)
Trump administration bans imports of cotton and tomatoes from China’s Xinjiang region, citing forced labor
The Trump administration on Wednesday issued a sweeping ban on imports of cotton or tomato products from China’s Xinjiang region, saying it had reviewed evidence of forced labor in the region. The … ( read…
Nio, the Tesla of China
“We can really think of Nio as the original Tesla of China”. Nio is not a very known brand in the United States but is a leading player in China … ( read original story…
China 2020 exports up despite virus; surplus surges to $535B
China’s exports rose in 2020 despite pressure from the coronavirus pandemic and a tariff war with Washington, boosting its politically volatile trade surplus to $535 billion, one of … ( read original story …)
Inside China’s new lab conducting late-stage vaccine trials (August, 2020)
CNN’s David Culver takes us inside a brand new vaccine lab in China and speaks to scientists there about how close they are to a coronavirus vaccine. ( read original story …)
China’s 2020 auto sales fall for third year with help from the coronavirus
China’s sales of SUVs, minivans and sedans fell for a third year in 2020 as the coronavirus hurt already weak demand in the industry’s top global market, an industry group reported Wednesday. Sales … (…
Decoupling could be ‘death knell’ for European firms in China: report
Survey of 120 companies shows many operations disrupted with deep concerns of more to come, especially in digital fields. ( read original story …)
U.S.-China Decoupling Raises Risks for European Firms
European businesses operating in China are facing rising costs and uncertainty as they grapple with economic decoupling between the U.S. and its Asian rival. ( read original story …)
IPO-prospect Kuaishou has a big issue – how to bag a profit from the 300 million who use its short video app
Kuaishou’s model has been criticised by some analysts for an over-reliance on celebrity influencers and a costly user acquisition strategy. ( read original story …)
Apple, BMW, Nike and Huawei named among global brands accused by the Tories of using Uyghur forced labour in China
The Conservative Party Human Rights Commission report said that tens of thousands of Uyghur Muslims had been transported to factories across the country to work. ( read original story …)
La Liga signs China Mobile deal
Chinese telco China Mobile has signed a content deal with La Liga which will run until the 2022/23 season. China Mobile will now carry top flight football ma … ( read original story …)
Chinese Hospital Issues First Electronic Bill on Blockchain
The People’s Hospital of Chengmai County issued the first electronic bill on blockchain-based platform in South China’s Hainan province. ( read original story …)
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