Latest: Fintech News

China's commerce ministry said it was "very much dissatisfied" with the anti-subsidy investigation as it lacked adequate evidence and did not conform with World Trade Organization rules

Several app developers have taken to social media to voice concerns over Apple's decision, fearing the tech giant may further tighten rules to fully comply with China's tightening regulations

Geopolitical tension, war in Ukraine, climate change, security concerns and surging inflation have eroded faith in globalisation and respect for global trade rules among world powers

US officials have forewarned Beijing, in a bid to stabilize tense ties with China, that the Commerce Ministry is working on an update of chip export controls imposed by the US last year

The move by major companies to reduce production in China has boosted inflation, but the western shift to 'friendly shores' has been positive for countries like India and Vietnam

Foreign firms have been particularly concerned about stepping over the line while dealing with Chinese regulators, amid Beijing’s crackdowns on due diligence and consultancy firms

While the planned diplomatic exchanges are aimed, in part, at restoring ties, Xi is also said to be hoping they will slow down Washington’s trade and tech war targeting Beijing