Conflux Network, a permissionless blockchain network, has received a second public endorsement … Founded in 2018, Conflux has raised $35 million in capital from investors including Sequoia China, … ( read original story …)
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China’s thirst for coal is economically shortsighted and environmentally reckless
But whether the world will emerge from the pandemic in a stronger or weaker position to tackle the climate crisis rests overwhelmingly on the decisions that China will take. Support our journalism. ( read original…
Blockchain Bites: Hashrates Drop, Bitcoiners Hodl and an Open Letter to Bankers
China’s southwestern Sichuan province … Investors suing chipmaker giant Nvidia for allegedly misreporting the size of its crypto mining-related revenue have complained the company is now trying to … ( read original story …)
Finding Suppliers Outside China Means Kissing ‘a Lot of Frogs’
“That’s kind of our brand: We’re affordable… But we have to make money … While she and her daughter, Emi Kubota, the firm’s vice president, are somewhat worried the China tariffs will stay in place…
Shiseido’s Elusive Luxury Brand, The Ginza, Eyes China Expansion
As a result of word-of-mouth marketing, wealthy Chinese Millennials are flocking to try out Shiseido’s low profile yet pricy skin-care line. ( read original story …)
Infographic: More US Companies Are Moving Operations Out of China
Besides the trade war, there are other factors at play making China a less competitive choice for all manufacturers. As the country is developing, wages have risen and regulations have become more … ( read…
China Says US Damaging Global Trade With Huawei Sanctions
BEIJING (AP) — China accused Washington of damaging global trade with … she contacted Tuesday were still examining their supply lines and whether they could do business with Huawei. She said some … ( read…
China’s Ant Group plans consumer finance firm in growth push ahead of IPO-sources
Ant Group, Alibaba’s BABA.N fintech arm and China’s dominant mobile payments company, plans to set up a consumer finance firm in the s … ( read original story …)
Between Crypto, Libra, Stablecoins, And Digital Dollars, Congress Introduced 35 ‘Blockchain’ Bills
As Project Libra provided the possibility of a ‘GlobalCoin’ or world currency, the interest in crypto catapulted as Facebook’s idea sparked issues of consumer protection, safety, and soundness in the … ( read original story…
Time-honoured China brands eye stock market listing
A 17th-century scissor-maker, a company that has made braised chicken since 1616 and a food producer that has been churning out rice dumplings for nearly 100 years are among Chinese brands that … ( read…
Tech IPOs Flourish in China Amid Tensions With U.S.
The makeup of China’s equity capital market is changing as it attracts more tech companies amid rising tensions with the U.S. ( read original story …)
Bitcoin Surges Past $12,000, Posting A 73% YTD Return
Bitcoin surged to a new 2020 high of $12,486, posting a 73% year-to-date return on investment. As both crypto investors and traditional investors pay increasing attention to this alternative asset, a … ( read original…
US expands sanctions on China’s Huawei to limit technology access
The US administration Monday expanded its sanctions on China’s Huawei, a move aimed at further limiting the tech giant’s access to computer chips and other technology. ( read original story …)
