With a surge in cyber threats and data privacy regulations, blockchain acts as a transparent solution for challenging use cases that are traditionally hard to safeguard with conventional …
Tagged By business
Citigroup to sell China consumer wealth business to HSBC
Citigroup Inc said on Monday that it had agreed to sell its China consumer wealth portfolio, including clients, assets under management (AUM) and deposits, to Asia-focused HSBC Holdings Plc. The deal …
Citigroup to sell China’s consumer wealth business worth $3.6 bn to HSBC
The deal covers total deposits and investment AUMs of about $3.6 billion, and is expected to close in the first half of 2024. Financial details of the transaction were not disclosed …
China Is Becoming a No-Go Zone for Executives
Beijing’s tough treatment of foreign companies this year, and its use of exit bans targeting bankers and executives, has intensified concerns about business travel to mainland China. Some companies …
Bottled opportuni-tea: China’s traditional tea sector must overcome stiff competition and price barriers to expand exports
Traditional China tea brands believe that bottled, ready-to-drink product formats are the industry’s gateway into international markets and appealing to younger consumers – but faces major hurdles in …
US lawmakers want China export bans to include open source tech like RISC-V
Senator Marco Rubio opined “Communist China is developing open source chip architecture to dodge our sanctions and grow its chip industry,” adding “If we don’t broaden our export controls to include …
China’s high-tech advancement cannot be checked
As some observers have said, the US cannot contain China’s development by controlling high-tech exports. At best, it can delay China’s progress. China’s journey to become self-reliant in high-tech is …
China’s exhibition industry experiences robust resurgence
Visitors browse exhibits at the home accessories exhibition area during the 133th China Import and Export Fair — Canton Fair — in Guangzhou, Guangdong province, on April 23. DENG HUA/XINHUA 1,947 biz …
Top 10 Chinese manufacturers with comprehensive strength
Chinese Manufacturing Enterprises Association released the top 200 Chinese manufacturers with comprehensive strength for the year 2023. Among them, SAIC Group has emerged as the leader along with Amer …
Digital Assets Report: China and Hong Kong Show Unique Breakdowns in Most-Used Crypto Platform Types
HK sees a larger share of crypto transaction volume coming in large institutional transactions of $10M+ compared to other countries: Chainalysis.
U.S. vs. China: Does America’s diplomacy playbook hold up?
The grand stage of international relations seldom lacks drama, and when it comes to the two giants, the U.S. and China, the scene is nothing short of a compelling geopolitical opera. The United States …
Peter Schiff’s Inflation Warning, ‘Rich Dad Poor Dad’ Author On Crypto Investment And IMF Chief Calling For More Voting Power For China: Top Economics News From This Week
This week was marked by economists and high-profile investors voicing their concerns about the future of the U.S. economy. The subjects of inflation, debt, and potential recessions were high on their …
See the country California exports the most goods to
The pandemic threw a monkey wrench into supply chains while flattening demand, all in the midst of significant tariffs imposed by the United States on China and the European Union. Stacker compiled a …
