Oxfam has launched a blockchain project for farmers dubbed BloCRice, which seeks to increase the bargaining power of farmers by digitally connecting every player in the supply chain on one platform, local Cambodian news outlet reports. Based on the report, the new platform will leverage on smart contracts to build digital agreements between organic farmers and […]

SHANGHAI – Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan ($30.70 billion) in sales on Sunday during its 24-hour online retail frenzy Singles’ Day, but the event’s annual growth dropped to its slowest-ever rate. Shoppers in China and across the world snapped up hot items including iPhones, furniture and milk […]

On January 1st, 2019 America will impose a 25% import duty on all Chinese products, which will eventually rise to between from 25 – 40%, dramatically affecting US companies dependent on sourcing products and material from the Republic of China. KBL,a global contract manufacturer and fulfillment corporation headquartered out of Los Angeles, California, will continue […]

A Chinese destroyer that closed to within 45 yards of a U.S. Navy ship during a September mission in the South China Sea reportedly warned the American vessel it would “suffer consequences” if it didn’t redirect its course. The People’s Republic of China destroyer Luoyang delivered the message to the USS Decatur during their September […]

WASHINGTON – U.S. President Donald Trump said on Friday that he will likely make a deal with China on trade, adding that a lot of progress had been made to resolve the two countries’ differences but warning that he still may impose more tariffs on Chinese goods. “China very much wants to make a deal,” […]

Hong Kong Exchange and Clearing Limited (HKEX) has joined forces with Digital Asset to develop a blockchain platform for post-trade allocation and processing of trades. This alliance was created under the Stock Connect programme with China, based on a FinExtra report. HKEX had been working on a prototype system for Stock Connect using Digital Asset’s platform […]

SHENZHEN  – More than 70 percent of U.S. firms operating in southern China are considering delaying further investment there and moving some or all of their manufacturing to other countries as the trade war bites into profits, a business survey showed on Monday. U.S. companies operating in China believe they are suffering more from the […]

The “illumination satellite” would reflect sunlight down to Earth, creating a glow about eight times brighter than the moon. It might sound like a plot cooked up by a cartoon villain, but a city in southwestern China is aiming to launch into space an artificial moon that could replace streetlights by bathing the ground in […]

That’s according to reports from Forbes and Bloomberg both of which claim that the company has completed a $3 billion investment that values the company at $75 billion. A source with knowledge of the deal confirmed the round to TechCrunch and suggested that the value is pre-money, which, adding the round, would put ByteDance’s valuation at $78 billion. That’s […]

Blockchain is virgin territory, a new frontier. Getting there first, exerting influence, and dominating the market matters. England, France, Spain, and Portugal all knew this when the New World was discovered. America knew this with global force projection after WWII, and most recently, the internet. But like all history, the empires of the past are […]