Bitcoin topped $48,000 over the weekend, its highest level since mid-May but pared some of those gains on Monday.
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The week in review: China’s economic and credit growth weakens
This round-up focuses on China’s latest economic indicators, penalties for IPO investors and a range of other new developments.
iQOO 8 teaser hints at ultrasonic fingerprint sensor; launching tomorrow in China
QOO, the sub-brand of Vivo for premium smartphones, is all set to launch its new smartphone — iQOO 8 tomorrow, i.e. 17th August. Ahead of the official debut, the brand has shared a teaser poster…
Over 70% of smartphones shipped in China supports 5G
Over 70% of smartphones shipped in China support 5G. In July, over 90% of the phones in China are from Chinese smartphone manufacturers …
Brands Cut Ties With Chinese Actor Zhang Zhehan
The Chinese actor and singer, who found recent fame starring in the wildly popular television series, Word of Honor, has been widely criticised after photos of him in front of the Yasukuni Shrine in …
Get Janet Yellen to Beijing and let the healing begin
Janet Yellen must be dreading her maiden trip to Beijing as U.S. Treasury secretary. The two previous senior face-to-face talks between President Joe Biden’s team and their Chinese counterparts went …
China: slower activity growth in July to continue in August
We see slower growth in economic activity in July mainly the result of flooding. But slower growth is here to stay. More floods, tighter social …
New date for SafeTitan crypto coin ICO launch, set for October 14
The ICO date for the new crypto token SafeTitan (STTN) will be pushed back according to reports on the company’s official blog. While many investors have been eagerly waiting to dig their teeth into …
Shanghai Nenghui Technology’s IPO to debut on Shenzhen Stock Exchange
Shanghai Nenghui Technology (301046) to start trading on the Shenzhen ChiNext Market Aug 17, tomorrow. The firm has issued 37.37 mln shares priced at RMB 8.34 per share raising RMB 311.67 mln. Its …
LNG exports to China reach record
China has officially overtaken Japan as Australia’s largest customer for LNG, despite the trade tensions that have damaged exports of other commodities.
U.S. Business Executives Are At Risk From China’s Legal Warfare
China is targeting U.S. and foreign business executives with legal warfare, or lawfare. Most corporate executives did not sign up to be on the front lines of an increasingly dangerous competition …
China’s Nio aims to take on VW, Toyota with new brand
BEIJING – Chinese premium electric vehicle maker Nio Inc, which now counts BMW and Audi as rivals, is working on a mass-market new brand that will be positioned similar to Volkswagen and Toyota, its …
Major crypto hack rocks sector & lockdowns to stall Chinese growth?
One of the largest cryptocurrency hacks in history has hit blockchain platform Poly Network, getting fleeced for around $600 million …
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