In terms of international payments, excluding payments within the eurozone, the yuan ranked fifth with 2.29% in January 2022
Nowhere is the pressure more acute than in Taiwan, the world centre of advanced chipmaking, where the appetite for engineering talent is growing
A Ministry of Commerce spokesman said China hoped India would treat all foreign investors in a transparent, fair and non-discriminatory manner
The head of the Bank of Russia's department for countering market misconduct reiterated that cryptocurrencies carry risks for consumers
The bank expects revenue to grow an extra 3% per year as it benefits from rising interest rates as policymakers look to turn off years of cheap funding
Working with Nvidia, JLR plans to develop vehicles that can drive themselves, park autonomously and provide more information and software-powered features to drivers
Munger said he wished cryptocurrency had been banned from the start. "I'm proud of the fact that I avoided it," he said
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