The move is a costly one as the world’s second-largest smartphone market imposes steep tariffs on imports of devices and components – part of Prime Minister Narendra Modi’s push to boost manufacturing … ( read…
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China auto sales up for second straight month after almost two-year slump
China’s auto sales in May rose 14.5% from the same month a year earlier, industry data showed on Thursday, the second consecutive month of increase as the world’s biggest vehicle market recovers from … (…
With JD Listing, China Banks Set to Displace Western Rivals in League Table
JD.com Inc.’s $3.9 billion Hong Kong listing is set to give several Chinese banks a boost in league table rankings, displacing from the top 10 some of their international peers that usually dominate … (…
China blue-chip index flat but small-caps rise; Hong Kong down on growth worries
China’s blue-chip share index was little changed on Thursday, but start-up board ChiNext continued its uptrend on reform hopes. Hong Kong stocks fell on a downbeat economic outlook from the U.S. ( read original story…
U.S. pressure could accelerate growth for markets in Greater China
While U.S. authorities put pressure on Chinese assets, investors remain intent on chasing opportunities in the world’s second-largest economy. ( read original story …)
China top-3 handset ODMs receiving less orders from 4 major brands in 2020, says Digitimes Research
China’s top-three handset ODMs – the Wingtech Group, Huaqin Telecom Technology and Longcheer – are expected to ship a total of 183 million ODM models to the world’s four major brand vendors in 2020, ……
Luxury brands look to online sales in China in aftermath of pandemic
Luxury brands are looking to Chinese e-commerce sites to boost sales as their businesses struggle in the rest of the world because of the COVID-19 pandemic. But experts say Western brands aren’t yet … (…
A Booming Airline Business: Shipping Pigs to China in 747 Jumbo Jets
The coronavirus has wreaked havoc on commercial aviation, but Alexey Isaykin’s cargo carrier has been fully loaded. ( read original story …)
Two advancing bills allow the US government to look at blockchain
Tork Media LLC Two bills have advanced in the U.S. House of Representatives that would allow Federal agencies to look at future use of blockchain-related technology. Not to adopt blockchain, that is. ( read original…
Blockchain Bites: Libra’s Future, Elrond’s ‘Trial by Fire’ and LocalBitcoins’ Volume
An unknown wallet set a $2.6 million ETH transaction fee and Hacker Noon announced it will test out Web 3.0 micropayments. ( read original story …)
Moscow Said to Hire Kaspersky to Build Voting Blockchain With Bitfury Software
Moscow’s government is giving voters the option of having their ballots recorded on a blockchain despite transparency concerns. ( read original story …)
Binance Reportedly Trades Crypto in China Despite Ban, Says It Runs ‘Test Site’
Binance is said to be operating a mysterious domain for Chinese traders. Top crypto exchange, Binance, seems to be providing trading services for mainland Chinese customers despite the local ban, a … ( read original…
Chinese mobile data marketplace uCloudlink prices US IPO at $18 low end
Cloudlink, a mobile data traffic sharing marketplace in China, raised $36 million by offering 2 million ADSs at $18, the low end of the range of $18.00 to $20.50. The company offered 0.6 million less…
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