J&T Express announced a US$1 billion acquisition of Best’s logistics business, which has suffered ballooning losses amid an industry price war in China.
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China Oceanwide’s creditors seize control of stalled San Francisco skyscraper after developer’s US$334 million default
While investors watch to see how China Evergrande Group resolves its debt crisis, Oceanwide is in trouble with US$3.5 billion of US projects that are idle or nowhere near finished.
China’s Xi calls for COVID-19 vaccine mutual recognition
Chinese President Xi Jinping on Saturday called for mutual recognition of COVID-19 vaccines based on the World Health Organization’s emergency use list, according to a transcript of his remarks …
China will suffer a loss of ₹50,000 crore on exports this Diwali: CAIT
Speaking about the Diwali festive period, the Confederation of All India Traders (CAIT) said that it has given a call of ‘boycott Chinese goods’ this year. “It is certain that China is going to suffer…
Pakistani rice export to China breaks previous records: Pak Consul General
Pakistani exports to China are registering a significant increase and export of Pakistan rice to China during the first nine month of current financial year has broken previous records, said Pakistan …
Cryptocurrency adoption: Time to say yes to crypto? Experts discuss growth, regulation
The world over several countries have taken bold steps to recognise cryptocurrencies. These include Singapore, the European Union, United Kingdom, Japan, Canada.
EOS ranked first in China’s public blockchain rankings
The China Information Technology Industry Development Center (CCID) has published another global ranking of public blockchains. Based on a technical assessment, the EOS network was named the best. …
Isolated China is cracking under the strain of keeping COVID-19 out
China has been able to beat back successive waves of COVID-19 thanks to the widespread deployment of snap lockdowns, strict quarantines and some of the world’s tightest border controls. Yet, …
China’s JD.com tries to take finance out of its fintech arm
While Nasdaq-listed JD.com has long been widely seen as one of China’s top online retailers, the growth path of its fintech arm has been anything but consistent. Even its name has changed several …
7 China Stocks to Trim Following Disappointing GDP Growth
But with China stocks, it’s not just a single horological … Nevertheless, I think Vipshop’s core business model combined with its weakness may be sending us a warning. According to the …
China’s innovation index up in 2020
The China Innovation Index, the barometer of the country’s innovation capability, continued to climb in 2020, official data showed. The index, introduced in 2005, increased by 6.4 percent from the …
Cryptocurrency price news – Squid Game crypto surges 2,400% in a DAY after Shiba Inu on the rise and Bitcoin recovers
SQUID Game cryptocurrency surged 2,400 percent in a DAY after Shiba Inu soared and Bitcoin recovered. According to CNBC, the SQUID crypto was trading at $2.22 over the course of 24 hours on …
Big Hires, Big Money and a D.C. Blitz: A Bold Plan to Dominate Crypto
Story continues Their regulatory proposal highlights issues with general bipartisan support: overcoming China’s head start in digital currency … In 2018, the firm started its first fund dedicated to …