China’s services sector activity grew at its slowest pace in nine months in January, a private sector survey showed on Wednesday, as a flare-up in coronavirus outbreaks weighed on businesses in the … ( read…
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Alibaba says its cloud computing business holds tremendous potential as China picks up pace on digitalisation drive
China will be spending more on cloud computing, as the nation accelerates its digitisation process, pushing the revenue in the public cloud computing market to grow at over 20 per cent per annum from ……
Blockchain 50 2021
Bitcoin’s 2020 surge grabbed the attention of C-suite executives worldwide; not only are companies employing the technology underlying Bitcoin to perform tasks such as reconciling invoices and … ( read original story …)
China’s BSN to Add Support for Cosmos (ATOM)
China’s Blockchain Services Network (BSN) has revealed plans to integrate the pemissioned version of Cosmos (ATOM) into its platform. The BSN’s primary objective is to foster blockchain adoption as … ( read original story …)
Why a GameStop-Inspired Mania Is Unlikely in China’s Stock Market
GameStop frenzy has inspired China’s crypto community to make more bets on bitcoin and dogecoin but its stock maket remains queit. ( read original story …)
Manufacturing: The China Inc. model
China produces 28% of the world’s manufacturing output. The U.S. produces about half that. While China’s manufacturing sector has increased as a percentage of its gross domestic product, U.S. ( read original story …)
Europe lockdowns expected to dent Capri revenue, China in focus
Capri Holdings is expected to post a fourth straight fall in quarterly revenue on Wednesday as the blow from fresh lockdowns in Europe eclipses a China-driven recovery in sales of its luxury handbags … (…
Alibaba: Uncertainty over China probe eclipses strong earnings
China’s antitrust probe into Jack Ma’s empire has wiped more than $130bn off Alibaba’s value since its October record. ( read original story …)
ZW Data Action Technologies Initiates Supply Chain Finance with Digital Asset and Crypto Payment
ZW Data Action Technologies, Inc. (Nasdaq: CNET) (“ZW Data” or the “Company”), an integrated online advertising, precision marketing, data analytics, and other value-added services company, today … ( read original story …)
Daqo New Energy Provides Updates on Xinjiang Daqo’s Potential IPO in China
Daqo New Energy Corp., a leading manufacturer of high-purity polysilicon for the global solar PV industry, provided updates on the status of the proposed initial public offering and listing of the … ( read original…
Alibaba founder Jack Ma is left off Chinese state newspaper’s leading entrepreneurs list after falling out of favour with Beijing
Mr Ma had disappeared from the public eye for more than two months over a speech critical of China’s financial system. He re-appeared last month in a video praising China’s poverty alleviation efforts … (…
Jack Ma’s Ant Posts $2.3 Billion in Profit Before Halt of IPO
Billionaire Jack Ma’s Ant Group Co. delivered about 14.5 billion yuan ($2.3 billion) in profit in the quarter right before Chinese regulators brought down the hammer on the financial technology … ( read original story…
Ant Posts $2.3 Billion in Profit Before Halt of IPO
Billionaire Jack Ma’s Ant Group Co. delivered about 14.5 billion yuan ($2.3 billion) in profit in the quarter right before Chinese regulators brought down the hammer on the financial technology … ( read original story…
