Elias Glenn
Stories by Elias Glenn
China’s Citic partners Baidu to launch AiBank in fintech JV
AiBank will focus on lending to individuals and small businesses while leveraging big data and artificial intelligence
China central bank adviser bats for regulation of digital coin offerings
The comment came a day after China banned and deemed illegal the practice of raising funds through ICOs.
China bans initial coin offerings as illegal fundraising
ICOs have become a bonanza for currency entrepreneurs, globally & in China, allowing them to raise large sums with little regulatory oversight.
China’s Fosun forays into blockchain with Shanghai Distributed Tech investment
Blockchain involves creating permanent, public ledgers of transactions.
China Unicom says still in talks with strategic investors, no agreements signed
Beijing added China Unicom last year to a first batch of state-owned enterprises to see mixed-ownership reform.
China Aerospace Science and Technology leads $21b fund to invest in new technologies
The fund would invest in "emerging strategic industries"
Alibaba unit Ant Financial looks to buy 20% in Thai payments firm Ascend Money
Ant Financial, whose Alipay payment platform dominates the online payments industry in China, is looking to expand its presence overseas even as compe
