China’s banks are not immune to the recession triggered by the COVID-19 crisis. Analysts and official data indicate that some of the country’s largest banks...
China-based ByteDance filed a lawsuit Monday (Aug. 24) to fight President Trump’s move to ban its video-sharing application, TikTok, CNBC reported. Get the Full Story Complete...
To go big with central bank digital currencies (CBDCs) – to gain scale and early adopters – one should focus on retail and smaller-value transactions. At...
Facebook CEO Mark Zuckerberg played a role in stoking fears about video-sharing app TikTok, a report from The Wall Street Journal (WSJ) says. Get the...
In today’s top news, $50 billion worth of cryptocurrency was transferred out of China, and Uber Health and NimbleRx have teamed on prescription delivery. Plus,...
More than $50 billion of cryptocurrency was transferred from virtual wallets in China to other parts of the world last year, a potential violation of...
In a bid to grow its health insurance division and go public, Waterdrop Inc., a Hong Kong-based insurer, has raised $230 million in a funding...
General Motors (GM) is retooling its China manufacturing plants to build electric cars in a country that reportedly contributes nearly one-fifth of its profit, the...