73% of Chinese enterprise employees believe that blockchain is a top-five strategic priority, Big Four audit firm Deloitte found. China is the biggest believer globally that blockchain is a top … ( read original story…
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Walmart China adopts food safety with VeChainThor blockchain
The Walmart China Blockchain Traceability Platform, built on the VeChainThor blockchain, was announced at the 2019 China Products Safety Publicity Week in Beijing. This is a development of Walmart … ( read original story …)
Walmart China introduces blockchain platform to trace produce
Walmart China has announced it is launching the Walmart China Blockchain Traceability Platform. The platform has been built on the VeChainThor Blockchain in partnership with PwC, VeChain and others. … ( read original story …)
China June factory activity unexpectedly shrinks as trade war weighs: Caixin PMI
BEIJING, July 1 (Reuters) – China’s factory activity unexpectedly shrank in June as domestic and export demand faltered, a private sector business survey showed on Monday, pointing to further strains … ( read original story…
Canton Fair Highlights Chinese R&D Capability with Self-owned Brands
GUANGZHOU, China, July 1, 2019 /CNW/ — The China Import and Export Fair (Canton Fair or “the Fair”) has seen a significant trade opportunity for self-owned brands. The Fair’s Brand Zone has achieved … (…
Why Many in China Oppose Hong Kong’s Protests
Independent polling isn’t allowed in China, so judging public attitudes toward Hong Kong … “Over the past 40 years we’ve only talked about business in the mainland, nothing else,” Zhao Jianfei, a … ( read…
China Mobile to push down 5G phone prices below CNY2,000 by year-end 2020
China Mobile is working with Chinese handset players trying to roll out 5G smartphones priced below CNY2,000 (US$292) before the end of 2020 compared to a range of CNY8,000-10,000 available currently. … ( read original…
European Tech Stocks Reach One-Year High on U.S.-China Truce
(Bloomberg) — European technology stocks reached the highest level since June 2018 after the U.S. and China signaled a truce in the trade dispute, and the U.S. said it would permit some companies to ……
XCMG Ranks 65th in World Brand Lab’s 2019 China’s 500 Most Valuable Brands with 71.365 Billion Value
BEIJING, July 1, 2019 /CNW/ — XCMG, a leading Chinese construction machinery manufacturer with a brand value of 71.365 billion yuan (USD 10.3775 billion), has ranked 65th in the 2019 edition of China … (…
Nigeria-China currency swap: Manufacturers groan over Renminbi access
Almost 70 per cent of Nigeria’s imports come from China and other Asian countries, while a paltry 12 per cent comes from the United States of America. This must have, no doubt, influenced the decision…
Brewers move upmarket in China as thirst for beer wanes
China Resources Beer has formed an alliance with Netherlands-based Heineken, the world’s second-biggest brewer, and has started selling Heineken brand products exclusively. Tsingtao Brewery has … ( read original story …)
Apple is reportedly working on a special version of iPhone for China
Apple has been one of the leading smartphone brands in China when it comes to premium segment but it has been losing users in China from quite some time. Now, as per the reports, the…
China’s ‘tremendous’ tech progress could see trade tensions rumble on: Bain & Co
That’s because Trump’s apparent war against Chinese trade practices is really a war on technology — a space in which China is making “tremendous” progress, according to Henrik Naujoks, partner at the … ( read…
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