China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. ( read original story …)
Tagged By blockchain
China’s State Media: We Should Carve Up Facebook Just Like TikTok
Mouthpieces for the Chinese Communist Party are urging leaders to target U.S. tech companies with nationalistic bans similar to what Trump has imposed on TikTok. ( read original story …)
Major telecom carriers team up on base stations
Wang Xiaochu, chairman of China Unicom, said the two companies’ 5G co-construction and sharing initiative has helped save them 60 billion yuan ($8.87 billion) in construction investment costs, which … ( read original story …)
As the Company Helps Build China’s Smart Cities, Stay With Ericsson Stock
Stock Market News, Stock Advice & Trading Tips In June, Ericsson (NYSE:ERIC) warned investors that it would take a $109 … ( read original story …)
Chindata Group Seeks $500 Million U.S. IPO
Chindata Group Holdings Limited has filed to raise $500 million in an IPO of its American Depositary Shares [ADSs] representing underlying Class A ordinary shares, acc … ( read original story …)
WeWork sells control of China business to private equity firm
WeWork has sold a majority stake in its China business to a private-equity firm in the troubled office-sharing startup’s latest effort to cut costs. The deal announced Thursday will hand control … ( read original…
Blockchain Bites: Crypto Tax Switcheroo, Stablecoin Confusion, the Post-Capitalist Plunge
Fintech giant Plaid has added support for two DeFi applications, the IRS wants to know about your crypto and stablecoins have passed the $20B milestone. ( read original story …)
IPO Launch: Chindata Group Sets Terms For $500 Million U.S. IPO
Chindata was founded to develop state of the art ‘hyperscale’ computing data centers for organizations in China and greater Asia. ( read original story …)
China’s 110M 5G subs can’t overcome industry headwinds
The China 5G train rolls on, with more than 110 million subscribers and 560,000 basestations, according to the Ministry of Industry and Information Technology (MIIT). The subscriber figure might be … ( read original story…
China Is on a Building Binge, and Metal Prices Are Surging
including giants such as China National Offshore Oil Corporation and China Mobile, surged by 14 percent compared with the prior year, according to Standard & Poor’s analysts. (Private companies, by … ( read original story…
China has ‘comprehensive plan’ to steal US technology, secrets: Gen. Jack Keane
Gen. Jack Keane on an NYPD officer being accused of acting as a Chinese Communist Party agent and new sanctions on Iran. ( read original story …)
China Market Update: A Week To Forget, Evergrande Debt Issue Weighs On Property Stocks, Week In Review
Powell made it clear that the ball is now in Congress’ court with regard to stimulating the US economy in a Wednesday press conference. ( read original story …)
China Unicom rebrands image to offer better 5G services
China Unicom, a major telecom operator in China, is rebranding its image to better attract consumers, and diversifying its 5G-powered services to tap into more business opportunities brought by the … ( read original story…