Yu Rui, 38, started his career in China’s vast logistics industry as a management trainee at e-commerce giant JD.com.
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China’s new bid to harm Aussie exports: Beijing tells companies to develop other sources of iron-ore supplies worth $103billion to the Australian economy
China has been importing record amounts of iron ore, the key mineral used to make steel, as its economy recovers from the coronavirus pandemic – but much of the supply comes from Australia.
Nervos, China Merchants Bank launch $50 million blockchain VC
The fund will invest in dapps, DeFi, and NFTs, as long as the blockchain startups aim to integrate with the Nervos ecosystem.
Nervos and CMB International launch $50M blockchain, DeFi and NFT fund
A $50 million incubator fund has been set up to fund startups developing on China’s Nervos blockchain platform.
Huawei, Unicom deepen 5G alliance
China Unicom, a leading Chinese telecom operator, is deepening its partnership with Huawei Technologies Co. by jointly unveiling a 5G evolution technology plan for the next five years. Ma Hongbing, …
An open China a boon to global economy
Reform and opening-up is not only a recipe for China’s success, but has arguably become an indispensable driving force towards a more prosperous world.
China Merchants Bank launches $50 million fund focused on DeFi and NFTs
China Merchants Bank wholly-owned subsidiary CMB International has launched a joint investment fund with Nervos. The multi-million dollar fund will focus on investing in early to growth-stage startups …
China Cracks Down On Crypto Business, Saying ‘Speculative’ Trading ‘Seriously Infringing’ On Financial Order
Cryptocurrencies have “no real support value” and prices that are “extremely easy” to manipulate, three Chinese industry groups warned.
Shanghai Electric Wind Power Equipment’s IPO debut on SSE STAR Market today
Shanghai Electric Wind Power Equipment (688660) to start trading on the Shanghai Stock Exchange STAR Market Exchange. The IPO is priced at RMB 5.44 per share, raising RMB 3.106 bln. Its initial …
Biden Delays Revamp of Trump’s Blacklist for China Investments
President Joe Biden’s administration plans to delay by two weeks a ban on new U.S. investments in certain Chinese companies, as officials draft guidance to clarify a Trump-era policy that confused …
CMB International and Nervos Foundation Jointly Launch $50M Blockchain Ecosystem Fund
Nervos, China’s leading blockchain, today announced the launch of a $50 million fund with CMB International (CMBI), a wholly-owned …
China bans institutions from cryptocurrency activities
In its latest bout of crypto regulation, financial institutions have been banned from using digital assets in their businesses, either for trading or pricing. A Chinese journalist named Colin Wu made …
China tightens ban on cryptocurrencies
China has already banned crypto exchanges and initial coin offerings but Chinese buyers can still get their hands on bitcoin and other cryptocurrencies. Nevertheless, the statement was another drag on …
