And there are no signs of the momentum slowing down in 2021! Here are my 10 crypto predictions for the coming year: As we predicted last year, 2020 was a banner year for central bank…
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China Races Toward Plan to Blacklist, Redlist Firms for Behavior
China is making swift advances with a system for measuring the social creditworthiness of companies, a sweeping data-collection effort that could solidify Beijing’s control over foreign and domestic … ( read original story …)
Luxury Brands Follow Chinese Shoppers Back Home
Even after the pandemic has passed in Europe and the U.S., luxury brands expect to do a lot more business in Asia. Their next job is to reduce the burden of emptier shops in cities…
How Rural China Became an Engine for Global Consumer Capitalism
Xiaowei Wang’s Blockchain Chicken Farm surveys the tech industry in the Chinese countryside to upend the way we talk about the Internet in the West. ( read original story …)
Another Asian Crypto Exchange Suspends Withdrawals as China Detains One of Its Founders
According to CEO Global, one of its founders had been taken under custody by China’s authorities in the midst of an ongoing investigation. ( read original story …)
Consumerisation to Covid: China’s top brands triumphed in a decade of radical transformation
China’s brand landscape has transformed dramatically in the last 10 years. As the economy rebalanced from production to consumption, Chinese consumers became the most sophisticated on the planet. ( read original story …)
China’s passenger car sales up 8% in Nov
The sales volume of China’s passenger cars in November reached 2.08 million, up 8 percent year-on-year, yicai.com reported citing data from the China Passenger Car Association on Tuesday. “The sales … ( read original story…
TSE change opens window for Bain to revive Kioxia IPO
A landmark change in Japanese stock market rules has presented Bain Capital with the opportunity to revive the initial public offering of Kioxia, the former memory chipmaking unit of Toshiba after a … ( read…
Commerce chief Wilbur Ross touts business with China despite military threat
China’s apparent “recovery” from the coronavirus pandemic could spell good news for American businesses, according to a top Trump administration official who nevertheless characterized Beijing as a … ( read original story …)
China reportedly blocks Tripadvisor app and more than 100 others
The bans enacted by foreign governments might have pricey consequences on software companies based in the U.S. Earlier this year, India banned 59 mobile apps — including Bytedance’s video-sharing app … ( read original story…
China Market Update: JD Health’s IPO Has “The Right Stuff” To Fly, Hong Kong Value “Bought The Farm” And Underperformed
Asian equities were mostly off on plunging/light volumes. Taiwan outperformed while Korea took a hit after yesterday’s strong performance. The Hang Seng was off by -0.76% on US-China political … ( read original story …)
Airbnb IPO: a barometer for travel after the pandemic
As one of the iconic businesses of the last decade, Airbnb’s decision to list its shares is a significant moment for America’s capital markets, especially given the preference of many Silicon Valley … ( read…
UK companies are still optimistic about doing business in China
Despite increasing political tensions between the two countries, British companies remain optimistic about their business prospects in China, according to a new survey. ( read original story …)