China’s “re-commerce market” is predicted to reach RMB 1.25 trillion in 2020 as consumers shop for second-hand goods on online marketplaces.
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VC Liu Bo: The future of second-hand luxuries in China
TechNode spoke to the general manager at TusStar Ventures, which invested in second-hand marketplace Ponhu-Luxury in 2015.
China’s NFT market: Who are the major players, and what makes them different?
NFT market is also bustling with new projects in China. That may come as a surprise for people familiar with China’s strict crypto policy.
INSIGHTS | Markets, not floods, will drown bitcoin miners
Recent floods have washed away remote Sichuan bitcoin mines, but small wildcat miners were already getting washed away by Big Bitcoin.
Grey market for console gaming imports rebounds after crackdown
Just two weeks after a crackdown on imported gaming consoles in Shenzhen, the grey market has mostly recovered to its semi-legal status quo.
CHINA VOICES | DCEP class is in session, with Zhou Xiaochuan
The central bank’s DCEP project is about a lot more than a “mainstream” central bank digital currency, wrote one of China’s foremost financial figures.
INSIGHTS | Digital brokers help retail investors go global
Digital brokers see opportunities to help Chinese investors send their money abroad. But ambiguous regulations still create real doubts about the field.
CHINA VOICES | China debates aggressive response to US chip ban
Some suggest that problems of Huawei would disappear if China takes control of Taiwan. Cooler heads propose aggressive industrial policies.
China’s online gaming cheats turn to hardware to evade detection
Manufacturers create plug-in devices that underhandedly assist gamers, and they are hard for gaming firms to spot.
CHINA VOICES | China reflects on Luckin: ‘Expert research’ and the 2VC model
Luckin’s impending implosion has led to a lot of soul-searching with many questioning the environment that allowed Luckin to thrive.