Ant Group was dealt another blow by yet more regulations to contain risks in the country’s burgeoning online lending industry as Jack Ma’s financial technology giant prepares for its initial public … ( read original…
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China’s BSN to ‘Localize’ 24 Public Blockchains by Making Them Permissioned
China’s state-sanctioned blockchain infrastructure project is finally bringing public chains to its Chinese users – but with a significant twist. The Blockchain-Based Service Network (BSN), a … ( read original story …)
China welcomes U.S. firms to expand investment: commerce official
Tourists admire the skyline view of Lujiazui area at the Bund in Shanghai, east China, Jan. 6, 2020. (Xinhua/Wang Xiang) BEIJING, Sept. 17 (Xinhua) — U.S. companies are welcome to step up investment … (…
Illinois businesses targeted by Chinese ‘crypto-jacking’ effort
Team has learned that Illinois businesses were among the targets of corporate thievery by hackers who appear linked to Chinese intelligence. ( read original story …)
Pentagon chief says China is no match for the US Navy, even if it has more ships
Even if we stopped building new ships, it would take the [People’s Republic of China] years to match our capability on the high seas,’ he said. ( read original story …)
Blockchain Bites: The SEC’s Chilling Effect on Crypto Development
A slew of regulatory happenings are in the works: a Bahamian CBDC, a potential ban on crypto trading in India and a plan to unify compliance standards in the U.S. ( read original story …)
Chinese companies race to list in Hong Kong before Ant’s mega IPO
Ant has skipped New York for its IPO amid mounting tensions between Beijing and Washington, including U.S. authorities’ move to kick Chinese companies off of American exchanges if they do not … ( read original…
China’s Private Firms and Manufacturers are Investing Again
China’s manufacturers and private businesses ramped up investment in August, buoying sentiment hit by the U.S. trade war and a historic economic slump. ( read original story …)
Alibaba’s Newest Business: Modernizing China’s Factories
Alibaba Group Holding Ltd. helped modernize brick-and-mortar retail with consumer data and online services. Now it hopes to do the same for China’s multitrillion-dollar manufacturing arena.China’s lar … ( read original story …)
‘Careful what you say’: Business leader warns Australia on China diplomacy
Australia should speak its mind “in private” with China as it flexes its muscles and fills the superpower vacuum left by the decline of the US, a global business leader has warned. ( read original…
Unfriended abroad, China’s tech giants seek home comfort
China’s tech titans can rely on their massive home market to ride out a Donald Trump-led campaign against them overseas, and in the long-term their global prospects remain strong, analysts say. ( read original story…
‘Sharing Economy’ Startup ShareRing Tapped for China’s Blockchain Service Network
A blockchain-powered platform for the “sharing economy,” ShareRing announced it has been selected to join China’s state-backed blockchain initiative. ( read original story …)
China’s Blockchain Service Network integrates three more public chains
China’s Blockchain-based Service Network (BSN), a cross-cloud, cross-portal, and cross-framework global public infrastructure network, is adding three more well-known public blockchains into its … ( read original story …)
