Alibaba, symbol of China's success in the digital economy, faces investigations carried out by the Chinese government, which is due to the fact that according to Asian authorities, the digital commerce giant has failed to carry out suspicious monopoly practices.
According to the announcement of the…
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Chinese government
China to exempt new US products from tariffs
A totoal of 79 products imported from the United States will be excluded from additional customs duties by China starting May 19 and the measure will last for one year. This was declared on Tuesday by the Chinese government after President…
4 Chinese banks will test digital yuan and distribute it as a state subsidy
The Agricultural Bank of China, one of the country's largest commercial banks and owned by the Chinese government, began testing the digital yuan as a national digital currency project, as reported by cryptocurrency Bitcoinist, adding that…
Japan approves € 215,000 million to stimulate economic growth
The main sectors of the economy of Japan that will receive strong support thanks to the first stimulus package in three years will be economy, infrastructure in the face of natural disasters, exports, public spending, as well as the…