On a recent episode of Fortune’s Leadership Next podcast, co-host Alan Murray talks with Joey Wat, CEO of Yum China. The company, which is listed on both the New York and Hong K …
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China’s new direction in Web3 and blockchain
In a significant departure from its previous stance on cryptocurrencies, China has taken bold steps to position itself as a global leader in Web3 and blockchain technology. The Chinese Ministry of …
China seeks to limit unexpected economic risks with ‘fallacy of composition’ warning
Study Times, a publication under the Central Party School of the Communist Party of China, on Wednesday warned of a ‘fallacy of composition’ phenomenon as departments attempt to pursue policy goals.
A Month After Xi Jinping Meets With Iowan Farmers, China’s Outsized Impact On US Commodity Markets Is Made Clear With Historic Buying Spree
Market players took a significant net short position on U.S. wheat contracts in late 2023, exacerbating downward price trends. The recent uptick in Chinese purchases may signal a reversal, potentially alleviating downward pressure on wheat…
China pulls punches to keep more expensive EVs flowing to Europe
China has arrived at a point where it needs to start selling more vehicles outside of its border, one analyst says. Despite trade threats from the EU, China is already challenging Japan for the global…
IPO-Bound Octillion Energy Offers Lesson In Single-Customer Overreliance
Octillion Energy’s revenue plunged 54% and it swung into the red in the first half of this year after its biggest customer sharply cut back its orders The EV battery systems supplier is trying to…
Xi straight-up told Biden that China is going to take over Taiwan, report says. It could end in war.
The Chinese leader Biden told China’s ambitions to control Taiwan were unchanged at a meeting meant to reduce tensions.
China’s quest to become a robot superpower
CHINA’S FIRST attempt at building a humanoid robot did not hit the mark. The machine produced in 2000 by a team at the National University of Defence Technology looked like a walking toaster. It had…
China Vows to Clarify Web3, NFT Development Path
Moving forward, China’s Web3 strategy would encourage the development of new business models such as NFT and accelerate the innovative application of Web3, the Ministry of Science and Technology said.
‘Under-represented’ Saudi Arabia is the new China for investors hunting growth
Saudi Arabia now feels like China in the noughties Fergus Argyle … The market is still geared toward locals and many of this year’s IPOs, including MBC Group’s US$222 million listing and ADES …
China’s Ministry of Industry Aims to Foster NFT and Dapp Growth Despite Crypto Ban
China’s Ministry of Industry and Information Technology has outlined its current and future work on developing Web3 and related technologies, including metaverse, NFTs, and dapps.
Massive Brazilian soybean exports too heavily leaning on China?
Brazil’s 2023 soybean exports have surpassed 100 million metric tons, up at least 16% from 2021’s full-year record, though the world’s leading soybean exporter remains heavily dependent on China.
China pledges to boost NFT, decentralized application development despite crypto trading ban
China’s industrial ministry said it plans to formulate strategy documents to boost NFT and decentralized app development.
