It is clear that in China and elsewhere globally, anticipation is building for higher crypto prices.” Based in Hong Kong, BabelFinance offers an array of crypto-related services including management … ( read original story …)
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China’s ‘Gen Z’ shoppers fuelling luxury market momentum: Bain
PARIS (Reuters) – Chinese “Gen Z” shoppers in their early 20s are emerging as an increasingly powerful force in the luxury industry as brands try and tap into buoyant demand for high-end goods in the…
China’s trade rep says ‘external pressures’ can help economy
Hong Kong’s South China Morning Post and mainland Chinese media outlets reported Thursday that Vice Premier Liu He described the pressures that China is currently facing as an “inevitable test.” He … ( read original…
China launches Nasdaq-style tech board in Shanghai, expects challenges
Complete with a U.S.-style registration-based IPO system, the STAR Market would be mainland China’s first exchange-run board that allows pre-profit firms to list. It will also do away with … ( read original story …)
China officially launches technology innovation board, but does not say when trading will begin
Beijing has officially launched its new technology innovation … It will adopt a registration-based initial public offering (IPO) system to facilitate companies’ fundraising. China’s securities … ( read original story …)
China economists expect interest rate, RRR cuts in coming weeks: China Daily
China’s broad money supply and new yuan loans grew more slowly … Last month, the PBOC stepped up efforts to increase loan growth and business activity, announcing a three-phase cut in regional banks … (…
China economists expect interest rate, RRR moves in coming weeks: China Daily
SHANGHAI (Reuters) – China is expected to adjust money and credit supplies in coming weeks, including cuts to interest rates or reserve ratio requirements, in order to counter “downside risks”, the … ( read original…
Blockchain and Cryptos: Does China Need Both to Grab the Global Crown?
China, is probably the only country that supports blockchain technology but is unwilling to embrace cryptocurrencies. Early this year, this Asian country banned crypto-related activities due … ( read original story …)
Crypto Bank BabelFinance Reports Lending has Topped $124 Million, Predicts $1 Billion in Issued Loans by the End of the Next Crypto Bull Run
According to a note from the company, BabelFinance expects to hit “$1 billion in issued loans by the end of the next crypto bull run.” BabelFinance is regulated in Hong Kong holding an “internet small…
Amazon tops most valuable brand list
Last year, there were 14 Chinese brands on the list. “Alibaba, the new China No. 1, also has been expanding its ecosystem massively to food delivery, to video streaming, to social commerce and many, ……
China has Immense Demand for Cryptos
Think China is hopeless when it comes to crypto adoption? Think again. Despite Beijing’s iron hand, many Chinese citizens want cryptocurrencies and digital tokens. It shows that capital controls … ( read original story …)
Mary Meeker’s 2019 Internet Trends report highlights China’s short-form videos and super apps
Internet leaders in China can continue helping companies in other countries find ways to engage their users, the way WeChat launched features, including mini-programs and e-commerce, that are now … ( read original story …)
American cars lose shine in China as trade tensions simmer
As China’s car market cools, American manufacturers are among those getting hurt the most. The market share of U.S. brands fell to 9.6% in the first five months of 2019 from 10.9% a year earlier,…
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