Conflux stands as a blockchain startup based in Beijing, and had received a research grant worth $5 million by the Changing District Government as well as the Shanghai Science and Technology Committee … ( read…
Tagged By business
Ant Group fintech rival JD Digits restructures amid Beijing’s Big Tech crackdown
JD Digits, the finance arm of JD.com that was known as JD Finance until September 2019, has been restructured as JD Technology as the Chinese e-commerce giant adjusted its business structure and … ( read…
The Luxury Brand Playbook for 2021: Copying What Works in China
The marketing approach for 2021 will be to do globally what worked in China last year, from embracing content commerce to investing in livestreaming. ( read original story …)
Shanghai Government Invests $5M in Blockchain Startup Conflux
Public chain startup Conflux, backed by Huobi and Sequoia, has received a $5 million research grant from the Chinese government. ( read original story …)
Jack Ma vs Xi Jinping: the future of private business in China
In a series of calls and meetings with Jack Ma, Ant’s founder, bank executives and regulatory officials demanded that its Yu’E Bao fund be reined in. “Yu’E Bao was pulling a lot of money from…
China’s top court demands greater scrutiny to prevent monopolies
China’s top court has demanded more scrutiny is needed to crack down on monopolies and unfair competition. The Supreme People’s Court stated that extensive work needs to be done to determine and … ( read…
Weber on UBS’ Business, China Opportunity, Banking Consolidation
UBS’ Chairman Axel Weber says China represents a golden opportunity for the bank on the back of strong recovery and accelerated opening of the market. In a wide ranging interview, Weber also discussed … (…
China’s Richest Man Absent from Public Life after Tensions with Authorities
SHANGHAI – China’s wealthiest entrepreneur, Alibaba Group co-founder Jack Ma, has not been seen in public since October 2020 amid deteriorating relations between his business conglomerate and the … ( read original story …)
VF Corporation Uproots Hong Kong Base, Diverts Investment And Transformation Towards China
China trade war seeing companies shift their manufacturing outside of China, the nation’s rebound speed and growth potential capture VF Corporation’s relocation strategy to move closer to their supply … ( read original story …)
Opinion: No, Twitter banning Trump isn’t like China
Whether or not one agrees with Twitter’s decision, it’s not “state action,” which means it’s not subject to The First Amendment. ( read original story …)
The Undoing of China’s Economic Miracle
China’s economic “miracle” wasn’t that miraculous. The country’s high-octane ascent over the past 40 years is, in reality, a triumph of basic economic principles: As the state gave way to the market, … ( read…
Brands Bullish on Year of Ox Holiday Collections in China
Denied a proper Chinese New Year celebration last year, the nation is in the mood for an over-the-top celebration in 2021. ( read original story …)
Diverse NASDAQ IPO Week Ahead
This week’s schedule contains eight IPOs. Moreover, this week is featuring the year’s first billion-dollar offering from mobile game developer Playtika Holdings Corp … ( read original story …)
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