New bill put to Congress would force Chinese tech giant ByteDance to sell its popular short-video app within 165 days or face a US ban, but it likely faces a legal challenge
The crypto’s rise has come after US regulators approved several spot bitcoin exchange-traded funds (ETFs) in January
Analysts say there are contradictions and gaps in government plan to boost consumption while curbing debt and overcapacity that undermine confidence in the Beijing's ability to keep growth around 5%
QDII fund units jumped 50% year-on-year to a record high in January amid 'insane' demand. The scramble for offshore assets is putting pressure on China's capital account and currency
Both firms have seen their market shares squeezed by local rivals such as smartphone-maker Huawei and electric vehicle giant BYD, while a larger economic slowdown shadows China
Telecoms traffic through the vital waterway has been reduced by about 25% amid a missile campaign targeting shipping in the region
Government work report says it wants to mobilize resources to raise China's capacity for innovation to help it to become self-sufficient in emerging technologies
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