Hong Kong and China stocks are set to open lower on Monday, after a new cluster of Covid-19 infections in Beijing raised concerns over a second wave of coronavirus in the country. The Hang Seng…
Tagged By blockchain
China’s Tech Champions Have Big Homegrown Problems
VCG/Visual China Group via China has big plans for its technology industry, vowing to spend an estimated $1.4 trillion over six years to roll out everything from 5G mobile networks to artificial … ( read…
Bitcoin Daily: Xapo Stops Credit Payments For Crypto; Former CoinFlux Owner Pleads In Crypto-Laundering Case
Xapo, a crypto wallet, will no longer deal in credit card payments for digital asset purchases and will implement new restrictions on bank transfers. ( read original story …)
Crunch time for China’s robot startups as pandemic brings pain and opportunities
But in China, months ahead of many countries in reopening its economy and the world’s biggest market for industrial robots, new business seems largely limited to robots for warehouses and disinfecting … ( read original…
Chinese Banks Says They Will Not Freeze Legal Crypto Accounts
Chinese banks are clarifying that they are not shutting down any legal crypto accounts. Rumor has it that Chinese banks are freezing client accounts that have a history of buying and selling … ( read…
Chinese Companies to Bet Big on Blockchain Despite COVID-19 Crisis
Chinese companies surveyed still believe in the higher potential that blockchain technology could offer to their businesses … ( read original story …)
Livestreaming Set To Unlock Greater E-Commerce Spending In China
China’s livestream e-commerce market is expected to double this year. Market leader Taobao Live has numerous advantages including its own payment solution, and … ( read original story …)
American Express Receives Approval To Clear Domestic Transactions In China
American Express said it becomes the first foreign payments network to be licensed to clear RMB transactions in mainland China. The company expects to begin processing transactions later this year. ( read original story …)
China Just Crossed Another Dangerous New Line For Huawei—But Is It Already Too Late?
The battle between the U.S. and China over Huawei has intensified, with the U.K. caught in the middle. Here’s why what happens next is critical. ( read original story …)
Foreigners in China worry about their future as Beijing, Washington clash
American student Sam Goldstein thought he had the perfect plan for this year. After securing a prestigious Fulbright scholarship from the US government to research excavated manuscripts from the … ( read original story …)
Agora Starts $100 Million U.S. IPO Process
Agora has filed to raise expansion capital via a U.S. IPO. The firm provides real-time voice and video APIs to businesses. API is growing quickly with plans to … ( read original story …)
China launches Haiyang 1D satellite to monitor Earth’s oceans
An ocean observation satellite soared into space from China’s Taiyuan Satellite Launch Center in the country’s north Shanxi Province on Thursday (June 11). The Haiyang 1D (HY-1D) satellite — a name … ( read original…
Livestreaming in China: only for sales or is there brand value?
TechNode Insider Ashley Galina Dudarenok looks at the future of Chinese livestreaming. The question isn’t whether brands need to get into the game—it’s how. ( read original story …)
