The documents show how ICBC balances Chinese Communist Party directives with global lending – even setting off its own alarm bells over money laundering.
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ICBC promoted corrupt executive, ignored employee misconduct as it pursued global expansion
The Chinese banking giant turned a blind eye to alleged fraud and embezzlement within its ranks for years, according to confidential files.
As the world debates the risks of AI, China is catching up
The rapid development of artificial intelligence has sparked renewed debate about its risks, with both the United States and China expressing concerns …
FirstFT: China tightens control of overseas travel
Also in today’s newsletter: 10-year Treasury yield hits highest level since 2007 and Putin moves summit over Ukrainian drone threat …
US and China face grave AI risks but mutual distrust stalls cooperation
The United States and China are both gripped by safety fears as they reckon with their rapid advances in AI, but intensifying competition and deep mutual distrust could derail the kind of cooperation …
New coronavirus discovered as bat-borne bug challenges China lab leak theory
A new mystery coronavirus has been found in Brazil which challenges the theory that the COVID-19 pandemic stemmed from a leak from a Chinese lab …
Attorney General Todd Blanche asked about China stealing American AI data
U.S. Attorney General Todd Blanche discusses concerns over China stealing American artificial intelligence data during a White House press briefing, outlining the administration’s efforts to safeguard …
China would face a “hellscape” in a war over Taiwan
It envisions flooding the Taiwan Strait with relatively cheap aerial, sea-surface and underwater drones just as Chinese forces launch an attack. Assuming that China jams communication links with these …
US confirms it deployed weapons in space. China and Russia respond.
China warned against turning outer space into a “battlefield” after the U.S. confirmed that it has weapons deployed in space.
US confirms it has weapons in space. China and Russia have responded
China warned against turning outer space into a “battlefield” after the U.S. confirmed that it has weapons deployed in space.
U.S. seeks to seize $61 million of crypto it claims are proceeds from Iranian petroleum sales to Chinese buyers
Two Chinese companies, are alleged to have used trading accounts in Binance to launder the illicit proceeds and funnel the funds to Tehran or its proxies.
China facilitates mobile payments for global visitors
A foreigner uses an Alipay code on his mobile phone to buy coffee in Shanghai. PROVIDED TO CHINA DAILY By CHENG YU An American arriving at Shenzhen Bao’an International Airport in Guangdong province …
US confirms weapon in space: What we know about Russia and China programs
Secretary of the Air Force Troy Meink said the deployment was to protect U.S. forces against a hostile enemy.
