UK develops research on a CBDC as an alternative to cash
The Treasury Department has revealed that it is drafting proposals to regulate stablecoins...
Tag : China
Huawei to sell Honor to Shenzhen government for $15 bn
The deal will allow Huawei to focus on high-end handsets and corporate-oriented business...
China’s Hainan port launches its first intercontinental air freight route
The port will link the provincial capital of Haikou with Amsterdam in Europe...
Lufax’s IPO sees $2.36 bn despite US-China trade tensions
It is recognised to be the fifth largest IPO of the year, and Chinese insurer Ping AN will own around 39 percent of the fintech...
Recovery is observed in China’s logistics
The total logistics revenue in the first three quarters this year stood at $30.16 trillion...
Chinese investors participate in biopharmaceutical firm Sirnaomic’s funding round
by WebAdmin
The US-based raised around $105 mn in its Series D funding round...
Ant Group’s dual listing to be the world’s biggest IPO
Ant plans to raise around $35 bn...
US, Brazil to develop business relations; reduce Chinese imports
The move is in fact in line with their security concerns stemming from the mainland...
China’s Beibu Gulf Port sees cargo throughput rise 21.68% YoY
An increase of 181.67 million tonnes is recorded in the first three quarters of 2020...