China’s market watchdog, the State Administration for Market Regulation (SAMR), on Monday proposed new rules to better implement the recently revised antitrust law.
Tagged By business
Founder of China’s BSN Slams Crypto, Calls It A Ponzi Scheme
The CEO of China’s Blockchain-based Service Network (BSN) and Red Date Technology Yifan He called the crypto industry a Ponzi scheme in an article published in the state media.
Chinese blockchain developer calls crypto a Ponzi scheme
Cryptocurrency is a huge Ponzi scheme, Blockchain-based Service Network (BSN) — the developer behind China’s state-backed blockchain infrastructure — said on Sunday. See related article: China’s BSN …
China predicts bitcoin will become worthless
A Chinese Communist Party-controlled newspaper has issued a dire prediction about the world’s most popular cryptocurrency.
Asian IPOs so far this year all about Chinese deals
Proceeds from Chinese IPOs climbed to a record share within Asia-Pacific, bucking a drop in the region. Read more at straitstimes.com.
Nike forecasts downbeat quarterly revenue on lingering China worries
Fashion retailers in China are also stuck with piles of unsold … related to its decision to exit Russia and transition of business models in a few South American countries.
Tech leaders show interest in China
Global technology leaders and investors who gathered at North America’s fastest-growing tech conference showed a great interest in the Chinese market and technical cooperation. As one of the largest …
Nike forecasts downbeat revenue over China COVID worries
Prospects mixed as people cut spending and prefer home-grown brands Nike Inc forecast first-quarter revenue below estimates as it expects to discount more and wrestles with pandemic-related …
Voicemail indicates Joe Biden knew of Hunter deals with ‘spy chief of China’
Joe Biden called his son Hunter in late 2018 to discuss a New York Times article detailing the younger Biden’s dealings with a Chinese oil tycoon accused of economic crimes – telling him “I think…
Exports to Russia from China plummet, study shows
A new study suggests that sanctions have hurt Russia’s international trade, even with countries not directly affected by them. But Russia’s economy still seems to be functioning.
China’s Population Is About to Shrink for the First Time in 60 Years
China accounts for more than one-sixth of the world’s population, but its birthrate is falling for the first time in 60 years.
The housing market slowdown is showing up in shipping data from China
As the housing market slows amid higher mortgage rates, orders of home building construction materials such as lumber are down. Shippers also say shipments of appliances are declining, and there is a …
How China’s fashion brands are taking on Web3
In China, local brands have been slower to embrace the new technology, but that’s beginning to change. Brands such as Li-Ning and Ellassay, plus tech platforms such as Alibaba, are sketching out what …
ADVERTISEMENT
