This computational arsenal belonged to a crypto mining farm, a facility crammed with specialized computers dedicated to solving complex math problems that keep the network running, and earning new …
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China raises export tariffs for some steel products again in green push
China will raise export tariffs for pig iron and ferrochrome, and remove export tax rebates for 23 steel products from Aug. 1, the second adjustment in three months as it seeks to ensure domestic …
China to raise export tariffs for some steel products from Aug. 1
China will raise export tariffs for pig iron and ferrochrome products from Aug. 1 to promote high-quality development of the steel sector, the Ministry of Finance said on Thursday. Export tariffs …
China Removes Export Rebates For Some Steel Products From August 1
UK online broker CMC Markets Plc (LON:CMCX) today issued a trading update for the period from 1 April 2021 to 30 June 2021 (Q1 2022). In Q1 2022, CMC has continued to perform … Employed…
China-Europe freight train chartered for electric device exports
A China-Europe freight train chartered for sending China’s exports of electric tools departed from east China’s Jinhua to Central Asian countries on Thursday. The first-of-its-kind train loaded with …
China IPO boom is becoming a game of two halves
Shares in China Renaissance leapt 10% on Thursday after the investment bank said its year-on-year profit would almost treble to 1.2 billion yuan ($185 million) in the six months to June. Its …
How Can Luxury Brands Earn Cultural Credibility From China’s Gen Z?
As China’s Gen Z exhibits a values-driven approach to consumerism, how can luxury players elevate their cultural credibility among this group?
WM Tech’s $1 Billion Hong Kong IPO Stalls on Vetting
The Beijing-based company behind the Wumart chain and Metro AG’s outlets in China is addressing queries Hong Kong Exchanges and Clearing Ltd. raised during the IPO vetting process, said the …
Yum China Reports Profit, Sales Gain; Warns Full Recovery ‘Will Take Time’
Yum China, the largest restaurant chain in China, said profit and sales grew in the second quarter even though the impact of the Covid-19 pandemic lingered.
Wanxiang Blockchain Labs Holds the Seventh Global Blockchain Summit from Sep.14-15
Wanxiang Blockchain Labs, a non-profit research institution focusing on blockchain technology based in China, announced that it was going …
Wanxiang Blockchain Announces its Blockchain and FinTech Plans in JTC’s Punggol Digital District
Connecting Smartness event today, JTC – a government agency under Singapore’s Ministry of Trade and Industry, officially announced its partnership with Wanxiang Blockchain, a China-based blockchain …
Across China: Hot springs give steam to economy in southwest China county
Shiqian is a small county located in Tongren City, southwest China’s Guizhou Province. It is famous for its rich, high-quality hot spring resources. In recent years, authorities have prompted …
China tries to ease investor fears over crackdown: report
Beijing scrambled to calm investors after a crackdown on some of China’s biggest firms rattled markets with regulators calling bankers in for a last-minute call Wednesday night, Bloomberg reported.