After China’s crackdown on cryptocurrency mining saw major drops in Dogecoin, Bitcoin and Ethereum and crypto prices across the board on Monday and Tuesday, the market is now bouncing back.
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Nike chief executive says brand is ‘of China and for China’
Nike chief executive John Donahoe gave an impassioned defence of his company’s business in China, months after the world’s largest sportswear brand became ensnared in a consumer backlash over its past …
IPO rush on Wall Street: Uber’s former Chinese rival and Johnson & Johnson-backed co to list next
The IPO rush on Wall Street has been going strong so far in 2021 … The company has been operating in China and once faced competition from Uber, before the latter exited China. Didi operates…
Update: China’s car-hailing giant Didi Chuxing seeks $4 billion in US IPO
VCG. China’s online car-hailing giant Didi Chuxing has set a price range of between $13 and $14 per American Depositary Share (ADS) for i …
Didi Global IPO to raise up to $4 billion fully covered in US
Didi Global IPO to raise up to $4 billion in the US has been covered on the first day of its bookbuild, sources say.
Didi’s $4 billion U.S. IPO fully covered – sources
Didi Global Inc’s initial public offering (IPO) to raise up to $4 billion in the United States has been covered on the first day of its bookbuild, according to four sources with direct knowledge of…
Nike boss defends firm’s business in China
The boss of Nike has made a robust defence of the firm’s business in China after facing a consumer boycott there. Chief executive John Donahoe said “Nike is a brand that is of China and…
China will lower payment fees for small firms from Sept 30 – PBOC
China’s central bank said on Friday that it would lower payment fees for small firms from September 30, including for bank account services, yuan settlement and electronic banking.
China crypto mining ban triggers exodus, bitcoin rigs sell like scrap
The China crypto mining ban may see up to 90% of all mining in the country go offline, according to an estimate, paralysing an industry that accounts for half of global bitcoin production.
CHINA CRYPTO MINING BAN
China crypto mining ban Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. China crypto mining ban Blogs, Comments and Archive News on Economictimes.com …
U.S. bans imports of solar panel materials tied to forced labor in Xinjiang
The White House said in a statement Thursday that the People’s Republic of China’s forced labor in Xinjiang is “an … the Biden administration ordered U.S. Customs and Border Protection to prohibit …
LIVEKINDLY Collective Launches in China with Two New Brands Created Exclusively for Chinese Consumers by Chinese Food Experts
LIVEKINDLY Collective introduces plant-based dumplings in China (Photo: Business Wire) The two new brands cover a portfolio of seven innovative plant-based products based on beloved Chinese dishes, …
Chinese ride-hailer Didi seeks $4bn in US IPO
Chinese ride-hailing company Didi Chuxing is seeking to raise up to $4 billion in an initial public offering in the U.S, according to its latest regulatory filing. The IPO would be one of the biggest…
