The brand unveiled its first stand-alone store worldwide in Taikoo Li Sanlitun Beijing on Friday, and plans to add a few more across Asia in the next five years.
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Heavy NFT regulations in China lead to Tencent closing its marketplace a year after launch
China’s government has fought a running battle against cryptocurrency for years, cracking down on mining businesses and declaring all crypto transactions illegal last year. It has …
Russian oil that usually goes to China is heading to India as competition for cheap crude ramps up
Four cargoes carrying Russian oil are en route for the east coast of India, where an Indian Oil Corp refinery is located, Bloomberg reports.
New consumer brands prosper in Beijing
Beijing’s commerce bureau released a list of 36 new local consumer brands with booming online sales and hot-selling products at a press conference on Thursday. The 36 brands cover nine categories, …
$4.3 billion China Mineral Resources Group strengthens China’s bargaining position
China’s bargaining position in dealings with Australian iron-ore mining companies will be significantly strengthened after the establishment of the state-backed China Mineral Resources Group.
Tencent to shutter its NFT marketplace in China a year after launch due to strict regulations
China’s government has fought a running battle against cryptocurrency for years, cracking down on mining businesses and declaring all crypto transactions illegal last year. It has …
Timeline: how Didi went from poster child for China tech to cautionary tale of the risks incurred by defying Beijing
China’s cyberspace regulator on Thursday imposed a fine of 8.026 billion yuan (US$1.2 billion) on Didi Global, the country’s ride-hailing giant, for violations of data laws, putting an end to a …
DiDi Global’s US$1.2B Fine in China Ends Damaging Tech Crusade
A financially disastrous and embarrassing attack on the tech sector looks to be ending in China, with DiDi Global penalized for data-protection violations.
The Download: dodging China’s porn ban, and a crypto fraud first
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Chinese gamers are using a Steam wallpaper app to get porn …
Tesla sells 75% of its Bitcoin holdings to meet production costs in China
Tesla is one of the largest electric car manufacturers globally. The company has been one of the largest corporate holders exposed to coins.
U.S. Seizes Crypto Funds from North Korean Ransomware Attack
U.S. authorities seized approximately half a million dollars worth of cryptocurrency from North Korean hackers that targeted healthcare providers, according to a Department of Justice announcement on …
China’s uptick in commercial activity points to trade momentum in H2 China’s uptick in commercial activity points to trade momentum in H2
Commercial activity in China continued to see an upturn during the first six months of the year, despite COVID-19 shutdowns in some areas. China’s total trade between January and June rose 10.3 …
Pakistan’s exports to China up nearly 10.97% year-on-year in H1 2022
In the first half of this year, the total volume of trade between China and Pakistan increased nearly 15 percent amounting to $ 14.39 billion as compared with the same period in 2021 which was…
