The Art & Finance market has made unprecedented development over the past few years, which has resulted in the financialisation of the art market. As financial-technology (or fintech) start-ups have been mushrooming, Thomas Gilbert, a British-born young entrepreneur has joined the force by introducing blockchain technology and distributing cryptocurrency to the vibrant but opaque art market. ArtBankChain (hereinafter abbreviated as ABC), […]
Category: Finance
A Timeline of Currency Trading – Interesting Money Facts for Chinese investors
To truly understand currency exchange and the important place it plays in our modern globalised world, we need to look back in time to the development of the first currencies, and take in some interesting facts about money along the way. History and Evolution of Money The first physical currency in the world is generally […]
The relationship of the Yuan (CNY) to the British pound will become significant
Examining the economic impact of the British exit from the European Union likely won’t be a clear or precise process for several years to come. It was an incredibly dramatic economic and geopolitical development, and it will take us a very long time to be able to accurately identify any lasting effect it had on […]
Britain to issue the first RMB (人民币) debt
The Chancellor announced Britain’s intention to become the first western country to issue a bond in China’s currency, the renminbi (RMB), as the sixth annual UK-China economic summit took place in London. In a clear sign of the growing strength of Britain and China’s economic ties, the government confirmed its intention to issue a RMB […]
Steep drop in Bitcoin value as China warns of risks
By Jack Wang – Cofounder of Dearcoin, a Bitcoin startup based in Beijing. He can be reached at jackwang[at]gmail.com or @jw2856 on WeChat. On December 5, 2013, the People’s Bank of China, Ministry of Information Industry, China Banking Regulatory Commission, China Securities Regulatory Commission, and China Insurance Regulatory Commission jointly issued a notice warning citizens about the risks […]
Price of raw materials is top business concern in Asia Pacific
Global Risk Index suggests short-termist outlook leaves businesses exposed Price of materials is now seen as the number one threat to Asia-Pacific business according to the third Lloyd’s Risk Index. The survey of more than 500 of the world’s most senior business leaders also suggests Asia-Pacific executives are more focusing on pressing problems including […]