The Central Bank in China (the PBOC or the People’s Bank of China) is racing to do trials of its own version of centralized blockchain currency and has completed one already on a permissioned ……
Tagged By blockchain
JD.com says putting chickens on the blockchain was great for business
China’s popular online retailer JD.com says sales of free-range chickens have doubled in the past two years, and blockchain technology has played a key role. Its initiative for putting chickens … ( read original story…
China to use Blockchain for Cross-Border FX Transfer
The State Administration of Foreign Exchange (SAFE), the agency that regulates and manages foreign exchange (forex) reserves in China, has developed a blockchain system which aims to tackle … ( read original story …)
Qtum Launches Enterprise Blockchain Solution — Unita
SHANGHAI, China, April 24, 2019 (GLOBE NEWSWIRE) — Qtum, the open-source public blockchain platform, launched Unita, a blockchain protocol designed for enterprises. Unita securely stores data … ( read original story …)
China’s Coffee Disruptor Wants To Raise $800 Million To Challenge Starbucks
China’s upstart coffee brand, Luckin, has an audacious plan: convince China to switch from tea to coffee, overtaking Starbucks while they’re at it. It’s an expensive proposition, so they … ( read original story …)
China Plans Faster IPO Approvals in Capital Markets Push
China’s securities regulator is pushing to speed up and simplify the review process for initial public offerings, people with knowledge of the matter said, as the government tries to improve companies … ( read original…
Caterpillar slips as disappointing construction sales point to China weakness
Caterpillar Inc spooked investors for a second straight quarter as rising costs hit margins in its construction equipment business and tepid sales in the Asia Pacific region pointed to continuing … ( read original story…
China’s island cities: Treasure or trouble for Asia?
The developer, China Communications Construction Co., and its Sri Lankan … “Helping Chinese people — and in turn, Chinese business opportunities — spread around the region and throughout the world … ( read original story…
China’s bankers in uncharted waters as Shanghai launches U.S.-style tech board
Liu and other Chinese bankers are entering a new world as Shanghai launches its new board, complete with the country’s first registration-based IPO system that is seen by some as the boldest reform … (…
Hillhouse Plans IPO for China Pet Hospital Assets
Hillhouse Capital is planning an initial public offering for some animal hospital assets in China that could raise at least $500 million, people with knowledge of the matter said. The private equity … ( read…
The Future of Shopping Is Already Happening in China
China’s Gen Z isn’t impressed by glitzy brand names and traditional advertising campaigns. Many are looking beyond the physical stores and e-commerce portals their predecessors preferred. They’re … ( read original story …)
Who are China’s biggest stars? R3’s celebrity index uses data to find out
Finding the right celebrity can be a shortcut to improved sales for luxury brands in China, as a majority of consumers still regard celebrities as “lifestyle” role models. But for marketers, the … ( read…
China’s central bank injects $40-billion in targeted loans as broader easing appears on hold
China’s central bank extended 267.4 billion yuan ($39.8-billion) to some commercial banks on Wednesday via its targeted medium-term lending facility (TMLF) as it looks to provide struggling smaller … ( read original story …)
