Tuesday, December 1, 2020
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Tag: Nanjing

ICBC Using Blockchain Technology in Xiong’an, Nanjing and Yunnan Province

China and the world's biggest bank in terms of assets has highlighted the deployment of blockchain technology in locations around the country...

World’s Biggest Private Software Firm Opens Fintech Lab in Nanjing

The world's largest privately held software company has opened a new fintech laboratory in the Jiangbei New Area of Nanjing. The SAS Fintech Laboratory (SAS金融科技实验室)...

Nanjing Launches $1.47 Billion Blockchain Investment Fund

The Jiangsu province capital of Nanjing has just launched a new 10 billion yuan (approx. USD$1.47 billion) blockchain investment fund that will drive application...

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China Eclipses US as Leading Overseas Market for Asia-Pacific Companies: HSBC Survey

A survey from HSBC indicates that China has edged out the US as the biggest foreign market for firms located in the...

Strategist Advises Investors to Raise Chinese Portfolio Allocations to 20% in Preparation for “New World Order”

A Singapore-based investment strategist recommends lifting Chinese assets to around 20% of portfolios during the course of the 2020's, in order to...

State-owned Bond Defaulter Owes USD$5.1 Billion to Chinese and Foreign Creditors

A state-owned automaker who defaulted on a 1 billion yuan bond in October owes many billions more to multiple creditors in China...

Meituan Posts 364.6% Profit Growth in Third Quarter of 2020

Online shopping giant Meituan-Dianping has posted a strong performance in the third quarter of 2020 as China's economy continues to convalesce from...