Latest: Fintech News

Beijing "resolutely opposes" the US restrictions, after the Biden administration explains the 'narrow subsets' of its move and likely outcomes for various sectors in 2024, when the new rules will start

Chinese tech giants Baidu, Tencent, Alibaba and Bytedance have placed orders worth $5 billion with Nvidia for its top AI chips and GPUs, but it is unclear if these items will be affected by the latest White House order

German licence revenues from China more than tripled in 2022 compared to 2014 as escalating international tensions have made direct investments difficult

The biggest foreign bank in Myanmar warned local banks last week it will restrict all payments to and from Myanmar accounts, a move could help bring a quicker end to the country's bitter civil strife

But the draft Cyberspace Administration of China rules also allow broad use for ‘national security’ purposes

A top security official said the Philippines never promised China it would remove the old warship on Ayungin shoal; Beijing's claim was a 'figment of its imagination'

Beijing’s Ministry of Industry and Information Technology is to require all apps to share business details in new oversight push