China is preparing to launch yuan-backed stablecoins via Hong Kong to cut reliance on US dollar tokens and boost the renminbi in global trade.
Monthly Archives For August 2025
Beijing United Family Hospital, Alibaba’s DAMO Academy launch multi-disease screening AI
Beijing United Family Hospital and Chinese tech giant Alibaba’s DAMO Academy announced a strategic partnership on Sunday. The two sides will work together to explore multi-disease AI screening services.
CNBC’s The China Connection newsletter: Beijing wants more babies — are businesses ready for Gen Z parents?
China’s young parents are digital-natives, globally minded and experience-driven. That mindset is shaping how — and where — they spend.
How the US and China Are Fighting for Africa’s Vital Resources
President Donald Trump has set about inking deals with the continent’s leaders to counter China’s outsized influence.
Real estate investor Cohen & Steers increases exposure to Mainland China and Hong Kong
Jon Cheigh of Cohen & Steers has increased exposure to China as they see fundamentals bottoming. He also says most developed markets have gone through yield curve repricing and that valuations have …
HSBC to keep the highest yield among Greater China region’s banks, JPMorgan analysts say
The 160-year-old bank, which traces its roots to Hong Kong and Shanghai, is likely to return between 9 per cent and 11 per cent to shareholders in 2025, says JPMorgan.
China tackles chikungunya virus outbreak with wide range of measures as thousands fall ill
An outbreak of the chikungunya virus in China has prompted authorities to take preventive measures. The government is using mosquito nets and disinfection, threatening fines for people who fail to …
U.S. charges Chinese nationals with illegally exporting chips to China
Two Chinese nationals residing in California have been arrested and charged with violating export control laws by allegedly shipping advanced microchips used in artificial intelligence to China.
Chinese nationals charged with exporting Nvidia AI chips to China
Chuan Geng and Shiwei Yang are accused of exporting the chips from the US to China through Singapore and Malaysia.
China Warns Worldcoin-Style Iris Scanning a National Security Threat
A new advisory from China’s Ministry of State Security highlights what it calls national security risks based on foreign firms collecting biometric data under the guise of crypto giveaways.
CDC issues warning as China fights chikungunya virus in Guangdong
The mosquito-borne chikungunya is rare in China, but the CDC urges caution and Chinese officials have taken steps compared to its COVID-19 response.
China’s Policy Banks Rush to Issue Bonds Before Tax Deadline
China’s policy banks have embarked on a bond-issuance spree in an effort to lock in lower yields before the reinstatement of a value-added tax on interest income later this week.
Ant Digital Unveils Financial AI Model as China’s LLM Race Reaches Banking Sector
Ant Digital’s financial AI ambitions reflect a broader shift among Chinese tech firms towards domain-specific LLMs. With foundational models reaching diminishing returns in general capabilities, …
