Chinese authorities have dismantled an underground bank that moved some $2.2 billion between China and other countries using crypto.
Monthly Archives For December 2023
Beijing Unveils Powerful AI Computing Platform Amid Semiconductor Tensions
BEH has expressed intentions to eventually power the platform entirely with green energy, aligning with global environmental goals.
Taiwan’s Presidential frontrunners clash over future of trade with Beijing
Taiwan’s presidential candidates clashed over future trade agreements with China on Tuesday, as the two leaders presented contrasting opinions regarding the same.
Russia exports almost all its oil to China and India – Novak
Half of Russia’s oil and petroleum exports in 2023 will have gone to China while India’s share has risen in two years to 40%, Russia’s state news agencies cited Deputy Prime Minister Alexander Novak …
‘Get bolder, please’: China’s economic powerhouses go all out to lift exports amid Beijing’s urge for more responsibilities
Chinese exporters are aiming higher with future economic growth targets as Beijing urges them to take on bigger responsibilities.
Russia Says Redirected Most Oil Exports To China, India
Russia has redirected its oil exports from Europe to China and India, Deputy Prime Minister Alexander Novak said Wednesday, almost two years after Moscow was hit by Western sanctions over the Ukraine …
China, India split almost all Russian oil and petroleum exports in 2023 as Europe took just about 5%
Russia had already started to forge ties with Asia-Pacific countries before the West introduced sanctions against Moscow following the start of the conflict in Ukraine in February 2022 …
China imposes travel ban and asset freeze on US research company over claims of human rights abuses
China has imposed a ban on a Los Angeles-based research and data analytics firm that includes travel restrictions and the freezing of assets, officials announced.
Shares of Tencent and NetEase bounce back as Beijing seeks to quell fears of a new gaming crackdown
Those gains are still some way off from Friday’s market rout. A set of draft rules released by Beijing on Friday blindsided investors, wiping out about $80 billion in value from the industry. The new…
China’s non-financial ODI up 18.4 pct in first 11 months
China’s non-financial outbound direct investment (ODI) increased 18.4 percent year on year to 814.54 billion yuan in the first 11 months of the year, official …
China threatens more Taiwan sanctions weeks before presidential election
Taiwan’s Jan. 13 election is set to determine the future of the island’s relationship with China, which sees it as a breakaway province.
China to step up research on future-orientated technologies
China’s top industry regulator said on Wednesday that it will step up the research on future-oriented technologies, such as artificial intelligence, and push forward new industrialization.
China’s AI-Backed Cyber Theft Raises Red Flags for U.S. Officials
China’s cyber espionage activities using artificial intelligence (AI) are growing, raising concerns for U.S. intelligence agencies.
