China is planning stricter curbs on how generative artificial intelligence (AI) services are applied in the country, as authorities attempt to strike a balance between harnessing the benefits of the …
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China defends Africa investments in run-up to belt and road forum
As it prepares for next week’s belt and road forum, China is making the case for its role in financing development in Africa and filling the ‘funding gap’ which continues to mar the advancement of…
Blockchain Applications in the Dairy Industry: Beacon of Hope for Resolving Issues
The dairy industry has grappled with numerous challenges over the years, leading to significant distrust. Prominent examples include the salmonella-contaminated milk incident in France and the …
Hong Kong’s crypto hub dream mired in high costs, other barriers one year on, with JPEX but one stumbling block
On Halloween last year, the giant virtual head of Sam Bankman-Fried displayed on a monitor sat on stage for Hong Kong’s FinTech Week, where he was asked about the city’s plans to become a “global…
IMF Warns of Spillover Risks From China’s Property Woes
International Monetary Fund economists warned that China’s real estate sector downturn could erode growth prospects in the Asia Pacific region, which is already seeing signs of its recovery losing …
China-US Dialogue: Central Bank Governor Pan Gongsheng Discusses Strengthening Financial Working Group with US Treasury Secretary
China’s central bank governor, Pan Gongsheng, and US Treasury Secretary, Janet Yellen, held a significant meeting during the International Monetary Fund/World Bank Group Annual Meetings in Marrakech, …
China’s PBC chief, US Treasury Secretary hold talks to make financial working group ‘substantive’
China’s central bank governor Pan Gongsheng met with US Treasury Secretary Janet Yellen on Friday to exchange views on various issues, including how to make the China-US financial working group …
Exclusive: Banks in UK assess China risks after being stung by Russia sanctions
Big banks in Britain are preparing for any future escalation of Western sanctions on China and have shared their “scenario planning” with the British and U.S. governments, a senior banking official …
When China’s military lagged behind US, it pursued an ‘assassin’s mace’ tactic. Smart weaponry and AI is changing that
China’s focus on versatility, such as autonomous vehicles and AI-equipped weapons, is in contrast to weapons designed for asymmetrical warfare ‘Right now they’re like little sprinklings of AI that are …
TikTok courier slashes $1bn Hong Kong IPO target on weak investor demand
Companies have raised just $3.5bn from Hong Kong listings this year, down almost 70 per cent from a year ago and on track for the lowest annual total in two decades, as hopes for a…
Fauci adviser who allegedly ‘deleted federal records’ subpoenaed in House COVID-19 origins probe
AP “Further, these documents may shed light on efforts from within the government to suppress or otherwise disregard the possibility COVID-19 originated from a laboratory in Wuhan, China,” the letter states. “It is therefore necessary…
AI and Blockchain Job Trends in 2023 Salary Insights and Economic Potential
As the world moves more into the digital age, China’s AI sector emerges as the most lucrative field for university graduates in 2023. The demand for AI skills has skyrocketed, reflecting in the high …
Dark clouds over China as banking sector begins to fail
China’s economic skies are darkening, and the most recent storm cloud is forming over the banking sector. On the surface, the uptick in investments from the country’s sovereign wealth fund in some of …