Russia launches digital joint-stock companies as alternative to traditional IPOs for small firms, reports Vedomosti. The Central Bank of Russia has incorporated registrars into its register of digital financial assets system operators, facilitating the creation of digital non-public joint-stock companies with shares issued as digital financial assets. More details at max.

China's November industrial production increased 4.8% year-on-year, below the forecasted 5% and down from 4.9% in October. Year-to-date growth stands at 6%, marginally down from 6.1%. The data, alongside retail sales figures, fell short of expectations, fueling concerns over the Chinese economy. More details can be found here. Additional insights available on Max.

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