"This year, the pressure on foreign trade will be huge and the situation will be very severe," Commerce Minister Wang Wentao warned
CBA said it had entered into a binding agreement to sell a 10% stake in Bank of Hangzhou, and it would retain its remaining 5.57% stake for at least three years
Over two thirds of institutional investors voted against three resolutions on employee stock option plans when they were put to a vote by the digital payments firm
The National Press and Publication Administration, which oversees the licensing of video games in China, has not published a list of approved new titles since late last July
SWIFT will lose its credibility and influence and gradually decline in importance if it’s used as a sanctions tool, Xinhua says, while the digital yuan has a big future, another outlet said
Toyota Motor will shut its plants in Japan on Tuesday after Kojima, a major supplier of parts, was hit by a suspected cyberattack
Oil giant BP says it will exit its Rosneft stake worth $25 billion. Meanwhile, leases on over half the 980 jets in Russia may be severed by foreign firms because of sanctions.
There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
The Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
Asia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade