Iran, Kosovo, and of course China have issued bans on crypto mining within their borders. Iran issued a three-month ban on crypto mining, while Kosovo has banned mining indefinitely. Crypto mining …
Tagged By business
China Probes a Sam’s Club Store Over Food-Safety Issues
The local regulator’s investigation into a Walmart-owned store comes as China steps up scrutiny into U.S. retailer.
China ends three-year decrease in auto sales
China’s vehicle market ended its three-year decline last year, with deliveries edging up 3.8 percent from 2020 to reach 26.28 million. The China Association of Automotive Manufacturers estimates that …
New possibilities: when the crypto economy meets the travel industry
Amadeus’ payments business recently hosted an event for travel payments professionals and asked me to provide my views on the long-term fintech trends that might impact the future of travel. Amadeus’ …
AInnovation Technology brings out IPO
Qingdao AInnovation Technology Group, an artificial intelligence solutions start-up, has kicked off its Hong Kong IPO, eyeing proceeds of up to HK$1.22bn ($156.9m). China Renaissance, CICC and UBS are …
US and China, in separate corners, wrestle with cryptomania’s excesses
Washington has moved slowly in regulating digital currency, while Beijing recently banned it outright, introducing a state-led version under direct government control.
Bottega Veneta Takes Over the Great Wall of China for Chinese New Year 2022
In its celebration of the Lunar New Year, Bottega Veneta has taken over the Great Wall of China. Check out more fashion stories on Prestige.
China’s economy grows 8.1 per cent in 2021, slows in second half
That has potential global repercussions, depressing Chinese demand for steel, consumer goods and other imports. China rebounded quickly from the coronavirus pandemic, but activity slowed as Beijing …
China’s annual crude oil imports drop for first time in 20 years
China’s annual crude oil imports slid 5.4% in 2021, dropping for the first time since 2001, as Beijing clamped down on the refining sector to curb excess domestic fuel production while refiners drew …
China will grow faster in 2022 than it did in 4Q21 with easier monetary and fiscal policy
Easier monetary policy was confirmed by today’s MLF cut. Before that, the central government had instructed local governments to be more active …
Good news, worrisome concerns as China hits $6 trillion trade figure
The General Administration of Customs has just released China’s 2021 trade figures. Total trade volume reached $6.05 trillion amid a ravaging worldwide pandemic resulting in anemic global demand. Both …
Luxury brands see great potential in Viet Nam
Vietnam pales in comparison with Japan and China in regard to the size of the luxury market, but it has a great potential to become a highly profitable market in the near future.
The rise of in-house livestreamers? How nutra brands are reacting to China tax evasion scandal
Some nutrition brands are intending to come out with a team of in-house livestreaming influencers, following a high-profile tax evasion scandal featuring one of China’s leading livestreaming key …
