China’s biggest gay dating app’s owner BlueCity is focused on expanding in Asia, its founder said on Wednesday after it made its Nasdaq debut despite a U.S. securities regulator warning against … ( read original…
Tagged By business
The Growth Of China’s New Smart Cities Hails Further Innovation For The Global Entertainment Industry
China is looking to create a catalyst of change using infrastructure through its smart cities program. How could this affect the global entertainment industry? ( read original story …)
China to test sovereign digital currency on ride hailing giant Didi
China’s central bank is partnering up with Didi Chuxing to test the use of its digital currency, which could make China’s dominant ride hailing platform one of the world’s first’s corporate users of a ……
Chinese Steelmaker Settles $16 Million Iron Ore Deal on Blockchain
A major Chinese steelmaker settled a blockchain-based $16.87 million iron ore trade with the world’s second-largest mining group, Rio Tinto and Hancock Prospecting Pty. Ltd … ( read original story …)
China’s Nanjing Iron & Steel seals blockchain iron ore deal with Rio Tinto JV
China’s Nanjing Iron & Steel Co Ltd said on Wednesday it has completed its first blockchain-backed trade in iron ore after booking a $16.87 million shipment of the steelmaking ingredient from a joint … (…
Global Brands Launch Co-branded Products, Appeal to Chinese Millennials
Such partnerships are not unheard of in the West, where luxury brands have partnered with sneaker brands to launch co-branded footwear collections. But China is taking co-branded partnerships to … ( read original story …)
Former Official Says China Needs to Reform Crypto Laws
Cointelegraph has reported previously that a Chinese Communist Party school published a book on crypto. China’s new civil code will include cryptocurrencies such as Bitcoin as part of a person … ( read original story…
Top 10 supermarket brands in China in 2019
CR Vanguard topped supermarket brands in China with sales of 95.1 billion yuan ($13.5 billion) in 2019, while Alibaba-owned retailer Freshhema witnessed the biggest jump in sales at 185.7 percent, … ( read original story…
The Upside of a New Cold War With China
War and competition, the thinking goes, lead to inherently illiberal measures. Fear favors demagogues who turn insecurity to political advantage. As the Cold War showed, this dang … ( read original story …)
The Virus Has Trapped $111 Billion of Luxury Spending in China
Jeff Meng, a 25-year-old watch lover from a well-heeled Guangdong family, had 160,000 yuan ($22,800) burning a hole in his pocket. He could not find the Rolex Daytona watch he wanted, dubbed “panda” … (…
NYC’s China Fashion Gala 2020 to honor Chinese American icons at virtual event
File video: Outstanding Chinese fashion icons and brands were honored at the fourth China Fashion Gala in New York, the United States, on May 1, 2019. (Xinhua) The event serves as a platform for ……
Cosco Strikes Blockchain Pact for Ocean Cargo With Alibaba, Ant
China’s state-run container line Cosco Shipping Holdings Ltd. will work with Alibaba and Ant, the e-commerce giant’s financial technology affiliate, on using blockchain technology to track goods … ( read original story …)
Moving Out of China? Not really
There is a lot of talk about China losing favor in the business world. For example, CNBC recently argued that they see a significant number of companies moving operations out of China. ( read original…
