Chinese officials announced on Tuesday a new office at the central bank tasked with fighting money laundering. Read more at straitstimes.com.
Monthly Archives For August 2023
China facing deflation may be bad news for Bitcoin
In the show’s next segment, Pechman covers deflation in China, which economists believe is an issue … in history and show your support for independent journalism in the crypto space.
China, U.S. Test Intelligent-Drone Swarms in Race for Military AI Dominance
Among the priorities for both sides: weapons that can find their way to a target without human help and AI tools to identify targets from satellite images.
China’s monitor exports see a sharp 24.2% decline, reaching near two-year low
China faces a 24.2% YoY decline in monitor exports in 1H 2023, with North America and Asia as top markets. Discover the latest insights from Runto Technology.
China, UK Moving on Regulation Tops the Week’s AI News
This week, the spotlight moves to the UK and China as the nations get ahead of the US to formalize plans to regulate artificial intelligence.
China’s economy is flailing. Here’s how its problems could spill into global markets.
China has long had an outsized impact on global growth – but with its economy sputtering, its problems could become everyone else’s problems.
Risk of ‘Real Lehman moment’ in China’s banking crisis? Here’s what Jefferies’ Chris Wood has to say
The failure of Chinese asset manager Zhongzhi Enterprise to fulfill interest payments on its wealth management products this week has raised concerns.
China intervenes to counter the confidence crisis and protect the yuan
The Asian giant is facing an uncertain economic climate due to defaults by real estate and financial companies
The bad news for automakers in China is only getting worse
Chinese EV-makers have gained hold of China’s car-buying market.As EV buying in China wanes, it’s bad news for Tesla and others trying to stay relevant there.Now Chinese automakers’ next move is to …
IPOs Next Week: Vishnu Prakash IPO to Shelter Pharma IPO – 2 issues open, 2 to list
Vishnu Prakash R Punglia, Aeroflex Industries, TVS Supply Chain, Pyramid Technoplast, Shelter Pharma, Bondada Engineering, and Crop Life Science.
China state investors to inject $1.7bn in Shenzhen wafer foundry
State investors including China’s biggest government-backed chip investment fund agreed to pour 12.6 billion yuan ($1.7 billion) into a wafer production project in Shenzhen as the country strives to …
China’s Finance Ministry sets aside 1 billion yuan for flood relief
China’s Finance Ministry, along with its Ministry of Emergency Management, will pre-appropriate 1 billion yuan ($137.36 million) in central natural disaster relief funds to focus on supporting flood …
China’s central bank commits to ensuring stability of RMB exchange rate
BEIJING — The People’s Bank of China (PBOC), the country’s central bank, said it will implement a mix of policy measures to stabilize market expectations, resolutely prevent major exchange rate fluctuations, and keep the RMB…
