China business and focus on electric and commercial vehicles. (AP Photo/Ng Han Guan, File) BEIJING — Renault SA said Tuesday it will shut down its main China business and focus on electric and … (…
Tagged By business
China Optimism, Xiaomi Ties Help Shunwei CEO Debut On 2020 Forbes Midas List
Notably standing the test of time has been Koh’s original investment Kingsoft itself. Its stock closed at HK$24.25 today, compared with its 2007 IPO price of HK$3.60 at the Hong Kong Stock Exchange. ( read…
Can Stablecoins Consolidate your Crypto Holdings amid Coronavirus Uncertainty?
Bitcoin, trading near $10,000 in mid-February has dropped below the $4,000 mark just one month on. One of the most significant factors behind the ailing market stems from the fact that China is among ……
China Has Become a Testing Ground for Luxury Brands
With much of the world still in lockdown to slow the coronavirus outbreak, China has become the best hope for luxury and fashion brands eager to get tills ringing again, making it a key launchpad…
Renault brand pulled from China; JV stake to be sold to Dongfeng
PARIS — Renault Group said it will stop selling Renault brand passenger cars in China and will focus on light commercial vehicles and electric vehicles in the market. The automaker will transfer its … (…
A Record Number Of Midas List 2020 Members Hail From China, Where Investors Seek The Next Pfizer Or Zoom
The consumer internet is king in China, catalyzing a record 22 Chinese investors to make the list. But other fields, like enterprise tech and healthcare, are emerging to satiate China’s massive market … ( read…
Blockchain In Agriculture And Food Supply Chain Market Research Report by eSherpa Market Reports: Forecast Until 2026
3.5.2 Europe Blockchain In Agriculture And Food Supply Chain Production Capacity, Revenue, Price and Gross Margin (2015-2020) 3.6 China Blockchain In Agriculture And Food Supply Chain Production 3.6.1 … ( read original story …)
Blockchain Bites: China’s Commitment, Sanctions Evasion and a Look at Bitcoin’s Core
“The People’s Bank of China (PBoC) will undoubtedly further its research and development of the … which could give the firm cheaper services than the German bank it currently works with. Helperbit, … ( read…
China Ready To Debut National Blockchain Platform In April For Cryptocurrencies, 5G, Smart City Infrastructure, Credit Rating Ledger
China will be debuting a new nationwide blockchain platform called Blockchain Service Network (BSN) this month. A large number of banks, government groups and other institutions are involved and BSN … ( read original story…
China’s Olympic Committee Sounds Alarm On Potential Blockchain Fraud
They then claim to be using blockchain technology. However, the International Olympic Committee holds … official Olympic activities have a strict approval process and rules for gaining sponsors and … ( read original story …)
China auto sales sink 48.4% in March as virus hurts demand
China’s auto sales sank 48.4% in March from a year ago as the economy reeled from the c, adding to strains for the struggling industry … ( read original story …)
An Hermès Boutique in China Made $2.7 Million in One Day After It Reopened
Is Hermès ’ blockbuster reopening in China a barometer of things to come in post-pandemic luxury shopping? The French heritage brand’s Guangzhou flagship store reportedly achieved $2.7 million in … ( read original story …)
As world turns to China for PPE, U.S. buyers risk knock-offs and price gouging
Aubrey Layne, Virginia’s secretary of finance, is responsible for purchasing his state’s supply of PPE, and he’s turning to China. “We need the masks, the respirators, all the gowns, the gloves,” … ( read original…
