Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, testified before the Senate Finance Committee ...
BEIJING -- The added value of Beijing's digital economy totaled 2 trillion yuan ($278 billion) in 2024, up about 7.5 percent ...
Rather than directly challenging dollar pricing, China is focused on creating alternative settlement mechanisms and deeper economic integration with oil producers. Its digital yuan and the Multiple ...
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China moves to tighten domestic control over Bitcoin as Trump appoints Bitcoin fan to SECHe said the Chinese government was backing “an aggressive rollout of the digital yuan – a central bank digital currency – to ...
BEIJING -- The number of internet users in China hit 1.1 billion by December 2024, up 16 million from the previous year, ...
Trump's Treasury pick Scott Bessent argued against a US digital dollar, saying CBDCs suit countries lacking other investment ...
China expanded the scope of consumer trade-ins for home appliances and will give more subsidies for digital purchases this ...
The Ministry of Commerce (MOFCOM) said on Thursday that it treats domestic and foreign-funded enterprises equally and ...
China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year ...
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