Global Brands, the company that sold many of its assets to the group that formed Centric Brands, has laid off at least 78 at its Greensboro office and may be faced with shutting down local…
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After Didi Fiasco, China Imposes Cybersecurity Reviews on Foreign IPOs
On July 2, the Cyberspace Administration of China announced that it was placing Didi under investigation over data security concerns and ordered app stores to remove Didi, preventing the company from …
China’s bitcoin crackdown: why is it happening and what’s next for the original cryptocurrency?
China’s widespread crackdown on bitcoin has sent the hash rate plummeting and miners fleeing China, but many remain optimistic about the cryptocurrency’s future.
China’s Rising Exports Bolster This Emerging Markets Equity ETF
China’s imports and exports grew in June at a faster pace than expected, as reported by the Wall Street Journal, portending continued economic growth in a country still mired in Covid-19 outbreak …
China Dumping CPUs; Is There No Hope for BTC Miners?
China is dumping CPUs, meaning that even if it were to go back on its anti-mining stance, it wouldn’t have the power to support operations.
US firms in China ‘confused’ by new Biden warning on Xinjiang supply chains risks
The White House update on Xinjiang supply chain risks adds pressure on American companies to cut exposure to the region, but many say compliance will be tricky.
How China’s navy went rogue to get its first aircraft carrier
It took some enormous bribes and liquor, plus years of delays, for China to get its hands on what would become the aircraft carrier Liaoning.
Chinese Lingerie Brand Neiwai Raised $100 Million in Series D Funding
The fresh capital injection will be used to develop products and categories, raise brand awareness and accelerate global expansion.
China widens crackdown on cryptocurrency miners, shrinking country’s share of global bitcoin network
At least three more provinces in China have shut down cryptocurrency mining operations, diminishing the country’s global share of power used to mint bitcoin.
Beijing Proposes Lengthy Cybersecurity Review for Overseas Listings, Creating Potential Boon for Hong Kong IPO Work
A number of Chinese companies have reportedly pulled the plug on their intended listings in the U.S. as a result of Beijing’s heightened scrutiny.
China’s Jiangxi Copper to invest $1.8 bln in making foil for batteries
Jiangxi Copper Co (600362.SS), , one of China’s biggest copper producers, said it would invest 11.4 billion yuan ($1.76 billion) in a project to make 100,000 tonnes per year of copper foil for lithium …
China’s crypto industry is gone? Beijing’s crackdown keeps sending shockwaves
The Chinese government’s ongoing crusade against cryptocurrencies might have dramatic consequences for both domestic and global crypto traders. Since the start of the summer, a series of measures from …
Why China’s crypto crackdown can help you get a GeForce RTX 3080
Because of a global shortage of silicon chips (caused in itself by manufacturing issues and high demand from almost every area of tech, from computers to cars and smartphones), there were already …
