Bitcoin (CRYPTO: BTC) and other cryptocurrencies “are not legal tenders and have no actual value support,” according to Deputy Director of the Financial Consumer Rights Protection Bureau of the People …
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Iraq to build first solar projects with China to reduce dependence on Iranian power imports
Iraq’s Ministry of Electricity signed on Wednesday a contract with China’s state-owned Power Construction Corporation of China (PowerChina) to build its first solar power plants with a capacity of …
China tech rally ends on report of new IPO rules; Alibaba Group falls 3.9%
The Hang Seng Tech Index closed 0.2 per cent lower in Hong Kong after rising as much as 2 per cent in the morning …
Fed chair Powell signals stimulus tapering could start this year, but warns of Delta variant risks – business live
Rolling coverage of the latest economic and financial news …
China Seeks to Ban Data-Rich Firms From U.S. IPOs, DJ Says
China will propose new regulations to block companies with large amounts of sensitive consumer data from floating shares in the U.S., Dow Jones reported, citing people familiar with the matter.
China plans to ban US IPOs for data-heavy tech firms: Report
China plans to propose new rules that would ban companies with large amounts of sensitive consumer data from going public in the Unites States, the Wall Street Journal reported on Friday (Aug 27), …
Diamante Blockchain Strengthens Its Presence Across the Globe
Diamante Blockchain Holdings Inc., a global fintech company, expands its virtual media presence across the globe. The company has been actively participating and growing its footprint by featuring in …
SenseTime, artificial intelligence platform founded by CUHK professors, files to raise at least US$2 billion in Hong Kong IPO
SenseTime Group , China’s largest artificial intelligence (AI) company, filed to go public in Hong Kong on Friday in one of the biggest technology offerings since Beijing cracked down on the country’s …
Chinese onion exports in the first 7 months of 2021 declined by 21.61% compared to the same period last year
China exported around 59,700 tons of fresh onions in July. The export value was around 41.5 million USD at an average export price of 0.70 USD per kg. The export volume shrunk by …
China Could Ban Some U.S. IPOs. Here’s What Investors Should Know.
China may prevent internet companies with user-related data from listing in the U.S., according to a report. It’s Beijing’s latest move as it tries to wrest more broad control over businesses and …
China Clamps Down On Large Companies, Excessive ‘996’ Work Culture And Powerful Businesspeople To Keep Control
It seems that the Chinese government has seen the acceleration of power wielded by both the big near-monopolistic U.S. tech companies and the uber-rich, and are taking aggressive actions to avoid the …
Chinese fruit import in the first 7 months of 2021 increased by 28.4%
Chinese agricultural imports and exports, in the first 7 months of 2021 were worth 172.45 billion USD. That is an increase of 25.7% compared to the same period last year. Export was …
WRAPUP 1-China targets U.S. IPOs, algorithms, cloud in latest tech takedown
Now China is framing rules https://www.reuters.com/technology/china-plans-ban-us-ipos-data-heavy-tech-firms-wsj-2021-08-27 to ban internet firms whose data is deemed to pose a potential security …