With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. 25). Jack Ma‘s Ant Group, once on the cusp of being the future of finance in the country, had its double initial public...
Chinese President Xi Jinping reportedly personally nixed the Ant Group double initial public offering (IPO), which had been set to be the biggest in the world, The Wall Street Journal (WSJ) reported. The shutdown of the IPO happened after controlling shareholder Jack Ma upset government...
The Chinese state media advised people to stay levelheaded following a price escalation of bitcoin and blockchain stocks triggered by Chinese President Xi Jinping’s support, Reuters reported on Tuesday (Oct. 29). “Blockchain’s future is here, but we must remain rational,” he said, according to state-run...
The escalating trade war between the United States and China is leaving many Amazon merchants wondering how to keep their businesses afloat during these uncertain times. The retailers, which rely on a business model of buying inexpensive goods in China and selling them for a...
January 25, 2021
In his first speech since U.S. President Joe Biden took office, China President Xi Jinping gave a 25-minute address at the virtual World Economic Forum (WEF), his first appearance there since 2017, Reuters reported Monday (Jan. 25). Xi asked for a global effort to fortify the coordination of macroeconomic policy and bolster the G20’s role […]
November 26, 2020
With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. 25). Jack Ma‘s Ant Group, once on the...
November 12, 2020
Chinese President Xi Jinping reportedly personally nixed the Ant Group double initial public offering (IPO), which had been set to be the biggest in the world, The Wall Street Journal...
October 29, 2019
The Chinese state media advised people to stay levelheaded following a price escalation of bitcoin and blockchain stocks triggered by Chinese President Xi Jinping’s support, Reuters reported on Tuesday (Oct....
