The Biden administration 0n Thursday banned imports of solar materials from a Chinese firm accused of using forced labor in China’s Xinjiang region. Why it matters: It’s the latest step in the U.S.
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China tech names unleash US IPOs as volatility subsides
Chinese technology companies are flocking back to the US for IPOs after months of poor market conditions and the regulatory crackdown on the sector brought deal flow to a near halt. There is more on…
AntChain launches blockchain network, accessible to China, West Europe and Southeast Asia
AntChain, the blockchain technology branch under Ant Group, announced the launch of a suite of new innovative technologies and products on Wednesday, including the Blockchain Transmission Network (BTN …
Hong Kong’s Apple Daily to Live on in Blockchain, Free of Censors
Hong Kong cyber activists are backing up articles by pro-democracy tabloid Apple Daily on censorship-proof blockchain platforms after the newspaper was forced to shut down as it became embroiled in a …
China Evergrande’s creditor Minsheng Bank pares loans to developer amid concerns about leverage, default
China Evergrande’s top creditor has trimmed its loans to the nation’s most-indebted developer to assuage investors, a sign lenders have started to raise their guard against default risks.
Sources: Hong Kong delivery service Lalamove files for $1b US IPO
Also known as Houlala in China, Lalamove currently has more than 700,000 driver-partners in 20 countries across Asia, Latin America, and the US.
China May Open Up to More Foreign Cotton After Xinjiang Ban
China looks likely to allow more cotton imports than usual this year after a U.S. ban on fiber from Xinjiang spurred some Western retailers to avoid material produced from the controversial region.
U.S. bans imports of solar panel material from Chinese company
The Biden administration on Wednesday ordered a ban on U.S. imports of a key solar panel material from Chinese-based Hoshine Silicon Industry Co over forced labor allegations, said two sources briefed …
Mining bitcoin could be about to get a whole lot easier after China’s crypto crackdown
According to reports, more than 90% of China’s bitcoin mining capacity is estimated to be shut down. Though it may not be good news for bitcoin miners in China, others could stand to benefit. With…
China’s crypto-miners look abroad as regulators tighten noose
A prefecture in northwestern China’s Xinjiang region ordered a halt on cryptocurrency mining projects this month.
The brand opportunity in China’s influencers over 50
In China, there has been a growing number of senior influencers across popular social platforms including Douyin and Little Red Book.
China Stock Market Due For Consolidation On Thursday
The China stock market has finished higher in three straight sessions, advancing more than 40 points or 1.2 percent along the way.
Yili Remains China’s Most Chosen Brand, Reaching over 90% of Households for Six Consecutive Years
Kantar Worldpanel released the Asia Brand Footprint Report 2021, a leading study that reveals the brands most favored and purchased by consumers in Asia. This year, Yili, with a brand penetration …