Nike has announced that 100% of its company-owned stores and over 95% of its partner stores in China and South Korea are open — though some are operating on reduced hours. ( read original story…
Tagged By business
Dow drops 200 points on record retail-sales decline, escalating US-China tensions
Consumer spending plummeted an unprecedented 16.4% in April, nearly double the previous record set in March. ( read original story …)
Blockchain in Media and Entertainment Market : Analysis and In-depth Study on Size Trends, Emerging Growth Factors and Regional Forecast to 2026
Kenneth Research has published a detailed report on Blockchain in Media and Entertainment Market which has been … ( read original story …)
Fate Of Luxury Depends On China, But Continued Success There Is Not Guaranteed
To recover from the pandemic, luxury brands need to keep Chinese consumers spending. That may be a tall order in a post-coronavirus economy. ( read original story …)
Foxconn says its big iPhone factories in China are back to normal
Foxconn says all of its major factories in mainland China are back to normal again after the coronavirus pandemic hobbled production earlier this year. ( read original story …)
China IPO Stages Stellar Hong Kong Debut Amid Biotech Craze
A Chinese medical devices provider surged 74% in its Hong Kong trading debut on Friday in the best opening performance this year for an initial public offering over $50 million. ( read original story …)
New Fund, New IPOs: The Era Of Successful China VC Investing Hasn’t Ended Here
The message on venture capital was sober: U.S.-owned VC investment into China plunged last year and competition has grown. “This golden era is over” for outsized returns there, Rhodium Partner Thilo … ( read original…
Bitcoin Daily: Ledn Rolls Out Crypto Savings Account With Genesis; China Seeks Development Of Blockchain Trade Platform
Ledn has unveiled the rollout of a USD Coin (USDC) savings account with the help of Genesis, letting customers save and accrue interest in bitcoin and USDC. ( read original story …)
China Officially Recognizes Blockchain Jobs as New Occupation
China to officially set blockchain engineers as a new occupation to promote employment amid global COVID-19 pandemic … ( read original story …)
China’s attempt to strong-arm Australia should disturb the world
China’s murky role in the genesis and spread of the novel coronavirus has disturbed the entire world. Its attempts to economically coerce Australia into its geopolitical orbit should disturb the world … ( read original…
Luxury handbags jump in price as brands make up for coronavirus hit
Top luxury brands from Chanel to Louis Vuitton have increased prices of some of their most coveted products as they seek to make up for sales lost during weeks of coronavirus lockdowns. ( read original…
China auto sales fall in April but loss narrows
China’s auto sales declined again in April but losses narrowed in a sign the industry’s biggest global market is recovering from the coronavirus pandemic as Beijing eases anti-disease controls … ( read original story …)
China’s Central Bank Proposes a Blockchain-based Trade-Finance Platform
The People’s Bank of China proposed a blockchain trade financing information platform for the Guangdong-Hong Kong-Macao Greater Bay Area … ( read original story …)
