Blockchain is a system in which a record of transactions made in bitcoin or another cryptocurrency is maintained across several computers that are linked in a peer to peer network As you can see …
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US stock futures hold near record highs as investors eye Biden-Xi talks, while Beijing’s mining warning pounds crypto
“It seems to me our responsibility as leaders of China and the United States is to … the Chinese government warned state companies about crypto mining, and said it was considering taking …
NetEase’s Online Music Business Revives Plans for $1 Billion IPO
The company’s Cloud Village unit had earlier shelved its Hong Kong listing plans during a selloff in Chinese internet stocks.
China-Latin America-Caribbean Summit unfolds
Business Summit kicked off in Chongqing on Tuesday with the theme “Openness and Innovation for Common Progress”. It will run through Wednesday. The event, as a sub-summit of the China-CELAC (Community …
East China’s Anhui gears up for World Manufacturing Convention
The fourth World Manufacturing Convention will kick off Friday in east China’s Anhui Province under the theme of “Innovation-Driven, Digitally Empowered: Global Manufacturing Industry Aligned for High …
China Warns State Firms on Crypto Mining, Mulls Punitive Steps
China is warning its own state-owned enterprises to get out of cryptocurrency mining and is considering imposing punitive measures in the form of higher power prices on companies that continue to defy …
Annual Audit in China – New Issue of China Briefing Magazine
Download our latest digital issue of China Briefing magazine where we walk foreign businesses through the annual audit and compliance process in China.
U.S.-China rivalry is expected to ‘rumble on’ next year, says Control Risks
Steve Wilford of Control Risks says the prolonged U.S.-China rivalry will have implications for anyone trying to do business in Asia, in terms of reputational and operational risks as well as …
Biggest driver of China’s growth will still be exports, private capital expenditure: Morgan Stanley
Chetan Ahya of Morgan Stanley says a small part of China’s economic recovery will be led by fixed-asset investments in the infrastructure and property sectors, but the biggest drivers would be exports …
WEEKLY: China steel exports up as domestic sales lag
Chinese steel exports became more active last week as mills and traders noted the continuous price slumps and weak sales in the domestic market, market sources observed. “Last week, Chinese steel …
U.S.-China trade was expected to be a central issue.
Trade, and the truce known as the Phase 1 agreement, was expected to be a focus of the virtual summit between President Biden and Xi Jinping, China’s top leader. While Mr. Biden questioned the Trump…
Young consumers drive growth of China’s domestic brands
At this year’s Singles Day shopping spree, domestic brands filled up the shopping cart of Wang Xinyi, a college student from Southwest China’s Chongqing municipality. “Most of us choose domestic …
Elevator business a new growth engine for Chinese home appliance maker Midea
GUANGZHOU – The elevator business has become a new growth engine for Midea Group, China’s leading home appliance manufacturer, according to the company. Midea’s building technologies division recorded …
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