According to the China Internet Network Information Centre, there were 989 million internet users in China at the end of 2020 – widely rounded up to 1 billion in news reports. The absence of most…
Tagged By business
China Imposes Further Caps on Online Lending Amid Clampdown
China’s banking regulator imposed new restrictions on banks and financial institutions working with online microlenders including those led by Jack Ma’s Ant Group Co., dealing further blows to one of … ( read original story…
Treasures: China dinner plate likely sold as train ride souvenir
Attached is a photograph of a Missouri Pacific Lines china dinner plate. It is marked “O. P. Co. Syracuse China.” It is in excellent condition with vivid color. Any information would be appreciated. ( read…
Four Taiwan Ex-intelligence Officers Charged With Spying For China
Four retired Taiwanese military intelligence officers — including a major general — have been indicted for spying for China, prosecutors said Saturday. The quartet were charged with developing a … ( read original story …)
Micro-cap China Eco-Materials Group raises deal size by 72% ahead of $17 million US IPO
The article Micro-cap China Eco-Materials Group raises deal size by 72% ahead of $17 million US IPO originally appeared on IPO investment manager Renaissance Capital’s web site renaissancecapital.com. ( read original story …)
Scammer crypto kid, who defrauded over 100 investors with his ponzi scheme, lived a luxurious life in a $23K per month condo
He became so flush with cash, Qin signed a lease in September 2019 for a $23,000-a-month apartment in 50 West, a 64-story luxury condo building in the financial district with expansive views of lower ……
Fortune 500 firm Geely to launch joint blockchain venture in China
Swiss enterprise blockchain developer Concordium has joined forces with Fortune 500 Chinese firm Geely to create a joint blockchain venture in China. ( read original story …)
Sources: A Sequoia-backed Chinese online grocery app mulls US IPO
Chinese grocery app Dingdong Maicai is considering an initial public offering in the US as soon as this year to bankroll its expansion in the competitive fresh food delivery market,” Bloomberg … ( read original…
JPMorgan Joins Choir Warning of Tether’s Sway on Crypto Markets
Questions about the influence of Tether continue to swirl in cryptocurrency markets, even as the companies behind it defend the so-called stablecoin’s soundness. ( read original story …)
Spinning Ant’s IPO
That China wants – needs – to put its own spin on the events surrounding Ant Group’s failed IPO last year is clear from recent leaks by mainland officials. ( read original story …)
China Sports Business Weekly: AFC Qualifiers postponed until June
AFC qualifiers suspended until summer, Kuaishou lands world snooker partnership, PP Sports and Serie A reach agreement, China’s cinemas see record growth, and there’s another bundle of creative … ( read original story …)
Volvo Owner Geely and Concordium in JV to Offer Blockchain Services, Apps in China
Volvo owner Zhejiang Geely Holding and Swiss blockchain firm Concordium announced Friday a joint venture to provide blockchain technology and decentralized applications for clients in China. The joint … ( read original story …)
Geely and Concordium Announce a Joint Venture to Provide Blockchain Technology and Service in China Backed by Concordium’s Blockchain Technology
HANGZHOU, CHINA & ZUG, SWITZERLAND / ACCESSWIRE / February / The Concordium Foundation (Concordium) and the Geely Holding Group (Geely) have signed a Joint Venture agreement. The joint venture will … ( read original story…