In its most basic form, trade is a complicated transaction — a buyer in one country, a seller in another, middlemen and agents to navigate a maze of shipping lines, customs officials, air freight and … (…
Tagged By business
JD.com-backed delivery platform Dada Nexus lines up for a US stock sale even as bitter aftertaste of Luckin Coffee’s scandal lingers
Dada Nexus, a Chinese crowdsourced on-demand delivery and retail platform backed by e-commerce giant JD.com, has filed for an initial public offering (IPO) in the United States according to a … ( read original story…
IPOs Help Lift China To Record On Forbes Global 2000 List
China, including Hong Kong, notched a record performance on this year’s Global 2000 survey of the world’s 2,000 top publicly traded companies. ( read original story …)
Kingsoft Cloud is considering a Nasdaq IPO, in a US$450 million bet that anti-China sentiment is a tempest in a teapot
Kingsoft Cloud, the cloud storage subsidiary of one of China’s biggest computer software developers, is eyeing an initial public offering (IPO) on the Nasdaq, pitching to tap the US capital market … ( read original…
Another Large Chinese IPO Lines Up in U.S. After Luckin Scandal
Dada Nexus Ltd., an operator of crowd-sourced delivery platforms in China backed by JD.Com, has filed for what could be the second large U.S. initial public offering by a Chinese firm since an … (…
What is China’s cryptocurrency-like sovereign digital currency and why is it not like bitcoin?
China’s sovereign digital currency could be launched later this year, with the likes of Alibaba’s Alipay and Tencent’s WeChat Pay already popular payment methods. ( read original story …)
China’s coronavirus-battered economy is at risk of sinking into deflation, one of HSBC’s top economists warns
China’s economy contracted in the first quarter of 2020, the first contraction since 1992 as the coronavirus pandemic has battered consumer spending. ( read original story …)
Crypto Under Corona: From Venezuela to Liberland
How’s the global crypto community coping during the COVID-19 crisis? Jeff Wilser checks in with groups in seven locations. ( read original story …)
Hundreds of German managers planning return to China
Hundreds of German executives who want to get back to China plan to charter a first flight on May 25, with Beijing offering to waive quarantine measures introduced to stop the spread of the new…
Cointelegraph China HUB LIVE — Ystar: Blockchain with no Barriers
The topic of the second Cointelegraph China HUB LIVE is Ystar: Starting the commercialization of blockchain. Cointelegraph China HUB is an online interview show initiated by Cointelegraph China. ( read original story …)
Mining Titan BHP to Use Blockchain for Iron Ore Sales to Top Steel Producer
Multinational mining titan BHP Group expects to complete its first blockchain iron ore transaction with major Chinese steel producer Baosteel in the near future … ( read original story …)
BHP completes first yuan-based iron ore sale to China’s Baosteel
The world’s top listed miner BHP Group said on Tuesday it had made its first yuan-denominated sale of iron ore to China Baoshan Iron & Steel Co Ltd, known as Baosteel, and would explore using…
Blockchain Bites: Making Sense of the Halving, Consensus Distributed’s First Day
Consensus Edition a twice daily roundup of all the notable news out of Consensuse Distributed. You can sign up for this, and all of CoinDesk’s newsletters here. History is being made elsewhere, too, … (…
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