President Xi Jinping announced a raft of initiatives to boost China’s imports from Africa to $300 billion over the next three years and $300 billion a year by 2035. In theory, agriculture is one the…
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China’s blockchain boosters slam crypto as Ponzi scheme
Executives at China’s Blockchain-based Service Network (BSN) – a state-backed initiative aimed at driving the commercial adoption of blockchain technology – labelled cryptocurrency “the biggest Ponzi …
Where Does China’s Continued Ban on ‘Sissy’ Men Leave Luxury?
As China clamps down on sissy men, Jing Daily assesses the implications for luxury brands if they can’t rely on their effeminate-looking ambassadors.
Geopolitical Update: China Is Building A Yuan Currency Reserve
Each of the countries will contribute 15 billion yuan — about $2.2 billion — to a Renminbi Liquidity Arrangement, China’s central bank said in a Saturday statement. A Business Insider report …
Chinese spicy snack giant Weilong Delicious seeks to relaunch Hong Kong IPO targeting US$500 million, says source
The Henan-based snack food maker is gauging investors’ appetite as it prepares to revive an IPO it shelved in November The refiling of its application comes as the city’s moribund IPO market regains …
Hong Kong burnishes China ties as luster as global hub fades
Every few generations, Hong Kong transforms itself, evolving from a swampy fishing village to 19th century colonial port, to capitalist outpost and factory after China’s 1949 revolution, to 21st …
China’s market regulator proposes new rules to better avert monopoly China’s market regulator proposes new rules to better avert monopoly
China’s market watchdog, the State Administration for Market Regulation (SAMR), on Monday proposed new rules to better implement the recently revised antitrust law.
Founder of China’s BSN Slams Crypto, Calls It A Ponzi Scheme
The CEO of China’s Blockchain-based Service Network (BSN) and Red Date Technology Yifan He called the crypto industry a Ponzi scheme in an article published in the state media.
Chinese blockchain developer calls crypto a Ponzi scheme
Cryptocurrency is a huge Ponzi scheme, Blockchain-based Service Network (BSN) — the developer behind China’s state-backed blockchain infrastructure — said on Sunday. See related article: China’s BSN …
China predicts bitcoin will become worthless
A Chinese Communist Party-controlled newspaper has issued a dire prediction about the world’s most popular cryptocurrency.
Asian IPOs so far this year all about Chinese deals
Proceeds from Chinese IPOs climbed to a record share within Asia-Pacific, bucking a drop in the region. Read more at straitstimes.com.
Nike forecasts downbeat quarterly revenue on lingering China worries
Fashion retailers in China are also stuck with piles of unsold … related to its decision to exit Russia and transition of business models in a few South American countries.
Tech leaders show interest in China
Global technology leaders and investors who gathered at North America’s fastest-growing tech conference showed a great interest in the Chinese market and technical cooperation. As one of the largest …