A major Chinese oil company that has traded on Wall Street for decades has become the latest casualty of tensions between Washington and Beijing. ( read original story …)
Tagged By crypto
Zomato IPO: Gateway To A $50 Billion Valuation In The Next 5 Years?
Looks like Zomato IPO would be the talk of the town for months to come. With the online food delivery business slowly starting to resemble the … ( read original story …)
China starts construction of national technology innovation hub
China’s Ministry of Science and Technology (MOST) has kicked off the construction of the national technology innovation hub and issued a regulation pertaining to the construction. The innovation hub … ( read original story …)
‘Two sessions’ 2021: can China create ecosystem for tech talent to innovate?
Details in its five-year plan may reveal its intentions on research funding and the business environment for tech firms. ( read original story …)
China’s top court awards record US$24 million payout to chemical maker in trade secrets case
China’s top court has awarded a record 159 million yuan (US$24.6 million) compensation payout to a chemical producer in a trade secrets case, a ruling that comes after Beijing has repeatedly vowed to … (…
China Revs Up Grand Chip Ambitions to Counter U.S. Blacklistings
In just two decades, China sent people into space, built its own aircraft carrier and developed a stealth fighter jet. Now the world’s youngest superpower is setting out to prove its capabilities once … (…
China’s cosmetics startup Yatsen to buy 35-year-old skincare brand Eve Lom
In China’s cosmetics world, where foreign brands were historically revered, indigenous startups are increasingly winning over Gen-Z consumers with cheaper, more localized options. One of the rising … ( read original story …)
Gant Takes Direct Control of China Business
Gant has taken direct control of its China business, after a 16 year partnership between owner MF Brands Group and former exclusive distributor Langhao Holdings, according to a Forbes China report. ( read original story…
Markets rise ahead of UK budget despite China services slowdown – business live
Over in China, services sector growth has slowed to a ten-month low as the pandemic continued to hit demand. The latest survey of service sector bosses found that firms struggled with sluggish demand … (…
IoTeX Is Now an Amazon Web Services Partner Network (APN) in China and the U.S.
IoTeX is now part of the Amazon Web Services Partner Network (APN) in the U.S. and China, a press release on Feb 25 reveals. A Boost for IoTeX, AWS Widely Adopted by Fortune 500 Companies…
Australia China Business Council urges support for Covid-19 vaccine passport
The Australia China Business Council is urging the federal government to support the development of a COVID-19 vaccine passport using blockchain technology to help open up regional travel. ( read original story …)
China’s Inner Mongolia to shut down crypto mining farms by April
The Inner Mongolia National Development and Reform Commission released an official proposal to shut down local crypto mining operations in line with its energy-saving rules. ( read original story …)
China bans crypto mining due to huge power consumption
The world’s second-largest economy, China bans crypto mining. The reason for this is the increased power usage of the entire process. ( read original story …)
