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President says the strike is holding the national supply chain "hostage" during an economic crisis, which is "unacceptable". Logistics disruptions have hit several sectors already.
Fitch Ratings says new-energy vehicles will continue to see strong growth next year as more motorists ditch petrol cars. It says EVs will account for 35% of car sales on the mainland in 2023
A dozen members of staff said they were in "disbelief" at UK ministers ordering China's Nexperia to sell its 86% stake in the plant and travelled to Westminister to protest at the decision
Taiwanese tech giant said a "technical error" occurred when hiring new recruits at its huge iPhone factory. The company has now done deals with employees to resolve protests at the plant
The Chinese smartphone maker’s net income fell 59.1% to 2.12 billion yuan over the period from 5.176 billion yuan one year ago
The Nikkei newspaper reported that the Bank of Japan will begin experiments on a digital yen launch with commercial banks next spring
Internet firms could be hit with fines of up to 5% of annual revenue for unfair practices under amendments proposed on Tuesday to the competition law
A batch of 70 new games were approved for release last week, report said
Videos showed a protest on Wednesday by hundreds of workers over pay and conditions at the massive Zhengzhou production facility in central China
JD.com CEO Liu Qiangdong also plans to donate 100 million yuan to a special fund to help children of JD employees
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe 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.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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