Chinese Hangzhou Court calls for NFT regulation

China’s Hangzhou Court claimed that NFTs carry characteristics of property rights like value, scarcity, disposability, and readability, and therefore should be protected by the law. The Hangzhou Inter...

Richest Chinese Billionaire’s Flagship Posts Double-Digit Profit Rise In Tough Economy

Nongfu Spring Chairman Zhong Shanshan in 2013. (Photo by STR/CNS/AFP via Getty Images) CNS/AFP via Getty Images You don’t get to be China’s richest man without a lot of business acumen, and Zhong Shan...

Alibaba Shares Briefly Plunge On Arrest Report Of Person Named ‘Ma’ In Hangzhou

Signage displayed at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China. Qilai Shen/Bloomberg Alibaba shares plunged as much as 9.4% in Tuesday morning trading in Hong Kong following a rep...

Digital Yuan To be Displayed Asian Games During Hangzhou Races

China is bracing itself to exhibit capabilities of digital yuan at Asian Games and has kept it as a priority from April to August. Hangzhou is involved in the cluster of cities named in early April fo...

Nongfu Spring, Flagship Of China’s Richest Man, Posts ’21 Profit Gain, Sees Rising Costs From Ukraine War

Bottles of Nongfu Spring Co. water at a vending machine in Shanghai. Photographer: Qilai … [+] Shen/Bloomberg © 2021 Bloomberg Finance LP Nongfu Spring, the flagship beverage business of China’s...