China’s efforts to roll out a CBDC could create more competition for mobile payment giants like Ant and Tencent.
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EcoChain to Benefit from China’s “Great Unplugging” from Crypto
While the rest of the world is still reeling from China’s “unplugging” of cryptocurrency, Michael Toporek, CEO of Mechanical Technologies Inc (NASDAQ: MKTY), sees an opportunity. Their crypto division …
China revealed as an ‘unreliable partner’ by calls for national audit on imports
Recent calls for a national audit on China imports show that it is becoming an “unreliable partner,” according to Sky News contributor Peter Switzer. “China has been playing a pretty tough game,” he …
China’s up-and-coming urban hotspots for fashion
Urban renewal is underway in China to bring communities together post-lockdown. Luxury brands are playing a key part.
Changan sees boom in demand as Saudis fall in love with Chinese car brands
Saudi Arabia is emerging as one of the most attractive markets overseas for Chinese car brands as they grab the attention of dealers and drivers in the Kingdom. Car sales in China …
Givaudan invests in series A fundraising for incubator Next Beauty China
Fragrance and beauty company Givaudan has invested in the series A funding round of Next Beauty, an incubator for emerging fragrance and beauty brands looking to grow in China. The terms of the deal …
Fitch Affirms China Everbright Limited at ‘BBB’; Outlook Stable
Fitch Ratings has affirmed Hong Kong-based China Everbright Limited’s (CEL) Long-Term Issuer Default Rating (IDR) at ‘BBB’ and Short-Term IDR at ‘F2’. The Outlook is Stable. CEL is an asset management …
Is China going to fry the global climate?
As Matthew Klein and Michael Pettis write in their book Trade Wars Are Class Wars, the Chinese economy is heavily based on exports in part because it is hideously unequal, and therefore its workers do…
China’s Regulatory Crackdown a Drag on HK’s IPO Pipeline – Bankers
Hong Kong’s buzzing IPO pipeline is likely to taper off in the second half of 2021, as Chinese firms temper their expectations for valuations amid a drastic regulatory crackdown in the mainland, …
Jiayi pulls HK IPO over China’s new education policy
Mainland-based Jiayi Education Holdings, an after-school tutoring company, has dropped its Hong Kong listing plan following news of a radical change to China’s education sector.
China pledges support for small business, but some SMEs see ‘doom and gloom’ amid regulatory crackdown
Chinese Vice-Premier Liu He has promised to ‘keep the temperature right’ for small businesses, but Beijing’s recent crackdown on off-campus tutoring has some entrepreneurs worried.
China’s recent crackdown’s effects on Bitcoin
Bitcoin, the largest cryptocurrency by market capitalization and the world’s most popular crypto, has fallen from its all-time highs to below $30,000 for …
Ant-backed Chinese bike-sharing start-up Hello scraps plans for US IPO
It has become one of the first big casualties of Beijing’s crackdown on overseas listings.. Read more at straitstimes.com.
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