Bloomberg Vietnam asked China not to violate its exclusive economic zone and continental shelf with military drills, foreign ministry spokesperson Le Thi Thu Hang said in response to reporters’ questions about the Hainan Provincial Customs Administration’s announcement about the exercises. China should not take actions that complicate the South China Sea situation but rather help maintain regional peace, security ...

  Bloomberg China asked its biggest financial firms and other state-owned enterprises to report the extent of their exposure to derivatives contracts following wild swings in nickel and other commodities that embroiled one of the country’s largest banks. At least two Chinese banks held urgent internal meetings about their clients’ exposure on Tuesday, according to people familiar with the matter ...

  Bloomberg China should draft new laws and regulations for the digital yuan to address privacy concerns and clarify how it operates, a senior Chinese state bank official proposed. The new law should clearly define the duty of the central bank to protect users’ privacy and make sure their information is only accessible for the purpose of protecting national security, ...