BEIJING (Reuters) – China’s new banking and insurance regulator said on Thursday it will deepen the reform and opening up of the banking and insurance systems and will crack down on financial risk. In a…
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New China financial regulator says to deepen reform, fend off risk
Canadian municipalities struggling to find place for recyclables after China restricts foreign waste
You can be part of the conversation by joining our Facebook group. China’s new rules that ban or seriously restrict foreign waste have Canadian municipalities struggling to find places to ship their recyclables. “It’s a…
China central bank will launch crackdown on virtual currencies
BEIJING (Reuters) – China’s central bank will launch a crackdown on all types of virtual currencies this year, a vice governor of the central bank said on Thursday. The central bank will also push forward…
China stocks end higher as property firms surge
SHANGHAI, March 29 (Reuters) – China stocks reversed losses from earlier in the session to end higher on Thursday, as investors hunted for bargains after a recent correction in shares of real estate and consumer…
China’s defunct space lab hurtling toward Earth for re-entry
China’s defunct and reportedly out-of-control Tiangong 1 space station is expected to re-enter Earth’s atmosphere sometime this weekend. It poses only a slight risk to people and property on the ground, since most of the…
China Cracks Down On Jaywalkers With AI, Facial Recognition, & Automated Fines
As we pointed out earlier this week, China’s lack of data protection laws and its determination to overtake the US as the world-leader in AI technology poses a serious threat to US technological hegemony. As…
Bank of China to provide banking services
The Reserve Bank of New Zealand has registered Bank of China to provide banking services in New Zealand, bringing the total number of registered banks to 26. Bank of China Ltd is incorporated in the…
China reminded Kim Jong Un who’s boss during mysterious Beijing meeting, experts say
The trip was planned in the weeks after President Trump announced he had accepted the despot’s invitation to meet by May, Yun Sun, who runs the East Asia program and the China Program at the…
China Develops Facial Recognition Technology; Scans Country’s Population In 1 Second
In a quest to upgrade the surveillance systems, China has implemented facial recognition technology across sixteen regions of the country. Supposedly, the system can scan over China’s population which is about 1.4 billion in 1…
China Issues Its First Official Drone Delivery Permit
China’s largest logistics firm, SF Express, announced today that its subsidiary, Fengyu Shuntu Technology, has officially received the first permit in China to aerially deliver packages. According to Quartz, the company has gone through a…
China Focus: Technology a game changer in solving China’s cold cases
NANJING, March 28 (Xinhua) — A man’s decomposed body parts were found in an open space in Kunshan, east China’s Jiangsu Province, in December 2011. Police collected DNA samples at the scene, hoping the evidence…
China’s Fosun aims to invest $3.2 billion in technology over three years
HONG KONG (Reuters) – Acquisitive Chinese conglomerate Fosun International, which owns Club Med and a stake in Cirque du Soleil within its broad portfolio, aims to invest at least 20 billion yuan ($3.2 billion) in…
China will publicly shame jaywalkers using facial-recognition technology – then send a fine over text
JAYWALKERS in China are to be named, shamed, and slapped with an instant SMS fine. And it’s all thanks to cutting-edge artificial intelligence. China shamed 13,930 jaywalkers in less than a year by flashing their…
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