China

China is luring Indian tech firms with market access and free rent

2 months ago admin2 Comments Off on China is luring Indian tech firms with market access and free rent
India’s trying to find ways to get into China’s $144 billion IT market. On May 27, an IT corridor was established between India and China to give Indian businesses a gateway into the neighbouring country’s thriving software market. NASSCOM, the Indian IT industry’s trade group, established a Sino-Indian Digital Collaborative Opportunities Plaza (SIDCOP) in the Read More

Chinese Blockchain Event Draws Backlash Over Chairman Mao Stunt

2 months ago admin2 Comments Off on Chinese Blockchain Event Draws Backlash Over Chairman Mao Stunt
Chinese cryptocurrency media companies are boycotting an ongoing blockchain conference after the organizer used a Chairman Mao impersonator to promote the event. Dubbed the Bo’Ao Blockchain Forum for Asia (not to be confused with the Bo’Ao Forum), the two-day event in Hainan province is co-hosted by a Chinese blockchain and cryptocurrency media firm BiKuai.org and kicked Read More

BTCC to Launch New Exchange Platform in June

2 months ago admin2 Comments Off on BTCC to Launch New Exchange Platform in June
Exchanges Chinese crypto company BTCC has announced it will launch an upgraded exchange platform next month. Initially, users will be able to trade BCH, BTC, ETH, LTC, and USD, with other currencies to be added later. BTCC returns with enhanced liquidity, faster deposits and withdrawals, and zero trading fees for the first three months. Also Read More

Shenzhen Gov’t Partners With Tencent to Fight Tax Fraud With Blockchain

2 months ago admin2 Comments Off on Shenzhen Gov’t Partners With Tencent to Fight Tax Fraud With Blockchain
The Shenzhen Municipal Office of the State Administration of Taxation has partnered with technology firm Tencent, according to an official announcement May 25. The partnership aims to establish an “Intelligent Tax” Innovation Laboratory focused on tax management modernization and fighting tax fraud with blockchain technology. On May 24th, the Chinese regulator and Tencent signed an Read More

China is going to sell half the world’s electric cars by borrowing policies from California

2 months ago admin2 Comments Off on China is going to sell half the world’s electric cars by borrowing policies from California
Ninety seven million new vehicles were sold globally last year. Only about 2% of them were electric. Yet things are changing fast. The world last year saw a 50% annual growth rate in electric vehicle (EV) sales. In 2018, EV sales should near 1.6 million. As EV manufacturing costs fall below those of conventional vehicles, Read More

2017 Saw ‘Exponential’ Blockchain Startup Growth, Says China’s IT Ministry

2 months ago admin2 Comments Off on 2017 Saw ‘Exponential’ Blockchain Startup Growth, Says China’s IT Ministry
Nearly 40 percent of all Chinese blockchain startups emerged in 2017 alone, according to a new white paper published by China’s Ministry of Industry and Information Technology. Revealed by the ministry’s Information Center on Monday, the blockchain industry paper indicates that currently China has 456 startups that focus on blockchain technology development and applications as part Read More

Japanese Crypto Exchange Continues Global Expansion – Now in Five Countries

2 months ago admin2 Comments Off on Japanese Crypto Exchange Continues Global Expansion – Now in Five Countries
Exchanges A Japanese government-approved cryptocurrency exchange has resumed expanding overseas. Already operating in five countries with a plan to launch in more in the near future, the exchange aims to construct a global network of crypto transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Building Global Network Bitpoint Japan was among the first Read More

Chinese Researchers Create Index to Rank Blockchain Projects

2 months ago admin2 Comments Off on Chinese Researchers Create Index to Rank Blockchain Projects
Advertisement Join our community of 10 000 traders on Hacked.com for just $39 per month. At a seminar held in Beijing today, the China Center for Information Industry Development (CCID) announced its inaugural monthly Global Public Chain Assessment Index, a ranking of cryptocurrencies and other blockchain projects that the Chinese government considers to possess technological Read More

Never mind the US, these Chinese smartphone brands are huge in Europe

2 months ago admin2 Comments Off on Never mind the US, these Chinese smartphone brands are huge in Europe
Two of the world’s major smartphone companies are still waiting to break into the US. But in the mean time, they’re getting an increasingly warm welcome from consumers across the Atlantic. Xiaomi and Huawei, both of which have long thrived in China, are growing steadily in Europe despite shrinking sales of handsets and competition from Read More

600 Stolen Bitcoin Miners From Icelandic Heist Suspected To Be In China

2 months ago admin2 Comments Off on 600 Stolen Bitcoin Miners From Icelandic Heist Suspected To Be In China
The missing machines from an unsolved Bitcoin (BTC) mining hardware theft in Iceland earlier this year may be in China, Icelandic media outlet RUV reported May 5. Icelandic police are reported to have now issued an enquiry to Chinese authorities, after news broke in late April that 600 devices used to mine BTC had been Read More