A major Chinese steelmaker settled a blockchain-based $16.87 million iron ore trade with the world’s second-largest mining group, Rio Tinto and Hancock Prospecting Pty. Ltd … ( read original story …)
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China’s Nanjing Iron & Steel seals blockchain iron ore deal with Rio Tinto JV
China’s Nanjing Iron & Steel Co Ltd said on Wednesday it has completed its first blockchain-backed trade in iron ore after booking a $16.87 million shipment of the steelmaking ingredient from a joint … (…
Global Brands Launch Co-branded Products, Appeal to Chinese Millennials
Such partnerships are not unheard of in the West, where luxury brands have partnered with sneaker brands to launch co-branded footwear collections. But China is taking co-branded partnerships to … ( read original story …)
Former Official Says China Needs to Reform Crypto Laws
Cointelegraph has reported previously that a Chinese Communist Party school published a book on crypto. China’s new civil code will include cryptocurrencies such as Bitcoin as part of a person … ( read original story…
Top 10 supermarket brands in China in 2019
CR Vanguard topped supermarket brands in China with sales of 95.1 billion yuan ($13.5 billion) in 2019, while Alibaba-owned retailer Freshhema witnessed the biggest jump in sales at 185.7 percent, … ( read original story…
The Upside of a New Cold War With China
War and competition, the thinking goes, lead to inherently illiberal measures. Fear favors demagogues who turn insecurity to political advantage. As the Cold War showed, this dang … ( read original story …)
The Virus Has Trapped $111 Billion of Luxury Spending in China
Jeff Meng, a 25-year-old watch lover from a well-heeled Guangdong family, had 160,000 yuan ($22,800) burning a hole in his pocket. He could not find the Rolex Daytona watch he wanted, dubbed “panda” … (…
NYC’s China Fashion Gala 2020 to honor Chinese American icons at virtual event
File video: Outstanding Chinese fashion icons and brands were honored at the fourth China Fashion Gala in New York, the United States, on May 1, 2019. (Xinhua) The event serves as a platform for ……
China Market Update: Mainland Marches On, Profit-Taking In Hong Kong
Hong Kong opened higher but retreated later in the session amid Hong Kong chief executive Carrie Lam’s speech defending the new security law and several new cases of coronavirus. Mainland investors … ( read original…
Cosco Strikes Blockchain Pact for Ocean Cargo With Alibaba, Ant
China’s state-run container line Cosco Shipping Holdings Ltd. will work with Alibaba and Ant, the e-commerce giant’s financial technology affiliate, on using blockchain technology to track goods … ( read original story …)
Moving Out of China? Not really
There is a lot of talk about China losing favor in the business world. For example, CNBC recently argued that they see a significant number of companies moving operations out of China. ( read original…
Blockchain Distributed Ledger Technology (DLT) Market 2020 All Major Industrial Aspects, and COVID-19 Impact Analysis
CRIFAX added a report on ‘Global Blockchain Distributed Ledger Technology (DLT … growth of the global economy along with several efforts taken by countries such as China, Japan, United States of … ( read original…
Hong Kong will attract listings by international companies, not just Chinese firms, as Greater Bay Area opens up, outgoing IPO panel chief says
Hong Kong will continue to attract listings by international and Asian companies in the coming years, as the 2018 reforms and a soon to be launched wealth management connect scheme increase access to … (…
