New data from IGD reveals that the growth of China’s grocery market will remain robust, with total value reaching US$1.62tn by 2022. ( read original story …)
Tagged By blockchain
Planning to Short Bitcoin? Better Check China’s ‘Tether Premium’ First
Bitcoin analysts say this week’s quick market rebound might be due to Chinese retail buyers buying the dip, using the stablecoin tether. ( read original story …)
China’s Infant Formula Market Loses Allure for Reckitt Benckiser
The promise of surging baby-formula sales in China fueled Reckitt Benckiser Group Plc’s $18 billion acquisition of Enfamil maker Mead Johnson. Only four years later, the U.K. company is considering … ( read original story…
No Place To Hide As Pullback Continues In China
They also noted US Senate Majority Leader Chuck Schumer proposing legislation to “out-compete China and create new American jobs” by providing financial support to US technology companies. ( read original story …)
Jeff Hatfield assembles a syndicate with some A-list public investors in the mix as Vividion adds $135M raise
Back when Vividion put together its $82 million B round more than a year ago, I speculated that the startup was probably gearing up for an IPO. That still hasn’t happened, but they may be…
China’s Hony Capital-backed SPAC looks to raise $300 mln in U.S. IPO- the Information
A blank-check firm backed by HonyCapital, which has investments in TikTok owner ByteDance andWeWork’s China unit, is looking to raise $300 million in an U.S.initial public offering, the Information … ( read original story …)
CHIF Announces Entry into Cryptocurrency, Blockchain and Digital Asset Arena
China Food and Beverage Company (OTC Pink: CHIF), today announced that the Company will be entering the cryptocurrency, blockchain and digital asset technology arena. The management of CHIF believes … ( read original story …)
ZK International’s Subsidiary, xSigma Corporation, Announces a Software Acquisition Deal and the Launch of its Crypto Trading Platform
ZK International Group Co., Ltd. (Nasdaq: ZKIN) (“ZKIN”, “ZK International” or the “Company”), is pleased to announce that xSigma Corporation, a subsidiary of the Company and a blockchain R&D lab, is … ( read original…
Chinese Ride-Sharing Giant Didi Plans Entry Into Europe
Chinese ride-hailing giant Didi Chuxing Technology Co. plans to make its debut in Western Europe, people familiar with the matter said, as the company seeks new growth markets ahead of a long-awaited … ( read…
Biden Nominee Open to Using Trump-Era China Investment Ban
President Joe Biden’s nominee to be Treasury Secretary Janet Yellen’s No. 2 indicated the U.S. is open to using a Trump-era investment ban to punish Beijing for violating international trade rules. ( read original story…
China Telecom leads mobile customer additions in January
China Telecom added the most new mobile subscribers in China in January this year, growing by around 1.5 million to a total of 35.55 million. Market leader China Mobile lost more than 1 million ……
China Advances Technology-Led Poverty Reduction
Science and technology are fully exploited by China to help its poverty alleviation efforts, which has increased income for huge batches of farmers. Since 2012, China’s science and technology … ( read original story …)
China’s economy dented as American brands cancel Xinjiang’s cotton imports
The United States began isolated sanctions last year on Xinjiang textile makers, including Huafu, which didn’t respond to a request for comment. ( read original story …)
