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Introduction Officials, ambassadors, media veterans and scholars attend the forum to share their thoughts on how the Regional Comprehensive Economic Partnership agreement will propel regional cooperation in Asia. The event is jointly organized by the publicity department of the Hainan provincial government, China Daily, the China Institute for Reform and Development, and Institute for Free Trade Port with Chinese Characteristics.
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Port business environment gets a new facelift
As the RCEP trade agreement is planned to go into force next year, the General Administration of Customs has been working on a slew of measures, in a move to build up a market-oriented, legalized and internationalized port business environment, said Dang Yingjie, deputy director-general of the National Office of Port Administration.
From geek-only to institutional, cryptocurrencies are becoming mainstream. Babel Finance, a Hong Kong-based crypto financial services firm, has just raised US$40mil from Sequoia Capital China and Tiger Global Management. SCMP
Officially banned in China in 2017, bitcoin and other cryptocurrencies are now making their way to mainstream acceptance with the help of Chinese-run start-up Babel Finance.
“Education [of investors on bitcoin] isn’t necessary any more,” said Flex Yang, founder and CEO of the Hong Kong-based cryptocurrency financial services firm, in an interview with the
South China Morning Post. “The crypto market has evolved from geek-only to institutional and professional.”