Profits rose 4.2% year-on-year, the slowest rate since April 2020, to 734 billion yuan ($115.9 billion), compared with a 9% gain in November
China rolled out preferential policies in 2021 to deduct and defer taxes and fees to shore up industry and support smaller enterprises
Tencent invested in 258 companies, 60% more than in 2020. Alibaba made 70 investments, up 59% and ByteDance bought into 58 companies, 87% more
They said a "Three-Year Action Plan for Combating and Controlling Money Laundering Crimes (2022-2024)" would be launched from January 2022
While Asia-Pacific countries have made strides in controlling bribery much more needs to be done to solve the region’s corruption problems.
"We anticipate an exodus of foreigners, probably the largest that Hong Kong has ever seen, and one of the largest in absolute terms from any city in the region in recent history," it said.
Dealers said pre-lunar new year holiday corporate demand has helped push the yuan higher while the central banked stayed silent
Upbit plans to release a range of NFTs featuring members of BTS in a joint venture with the boy band’s management company, Hybe.
Zhou Jiangyong "supported disorderly expansion of capital" and "illegally accepted huge amounts of property," according to anti-graft watchdog
Evergrande's debt crisis has roiled other developers and global financial markets, contributing to a sharp slump in China's property market
The consumer sentiment index rose as investors became more optimistic about the outlook of Asia’s fourth-largest economy
Rights groups are lobbying Western governments to try to cut "massive revenues" the Myanmar military gets, in US dollars, via natural gas piped by Thailand's PTT and Korea's Posco