Internet advertising and video games will be the main growth drivers as China’s entertainment and media industry grows faster than the global average over the next five years, consulting firm says.
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China’s entertainment and media industry set to reach US$479.9 billion in annual revenue as AI boosts productivity: PwC
China introduces new rules on generative artificial intelligence
Fines for technology-related offenses abolished in new regulations that highlight healthy content, ‘core socialist values’ …
China’s chip imports slump in first half as US sanctions and ongoing tech war take toll on trade
China’s imports of integrated circuits (ICs) slumped 18.5 percent in the first six months of 2023 from a year earlier by volume, according to newly released customs data, at a time when the U.S. and…
Signs ‘crypto winter’ ending as regulatory fog begins to lift
By Tom Westbrook and Rae Wee SINGAPORE (Reuters) -Cryptocurrencies were testing year highs on Friday as a run of favourable regulatory and investment moves have started to shift momentum in markets …
China’s hottest summer trend? How Xiaohongshu made ‘jorts’ a thing
With over 80 official accounts, Xiaohongshu is dedicated to supporting creators and creating communities around the latest trends.
China’s central bank says consumer prices will likely drop in July
China’s consumer prices will likely decline in July before recovering, Liu Guoqiang, deputy governor of the People’s Bank of China, told reporters Friday.
Exclusive: China invites global investors for rare meeting as economy sputters
China’s financial regulators have invited some of the world’s biggest investors to a rare symposium next week, three sources said, seeking to encourage foreigners to keep investing in the world’s …
US military chief praises Japan’s defense funding boost as a buttress against China and North Korea
The highest-ranking U.S. military officer is praising Japan’s moves to double its defense spending over the next five years, citing rising threats from North Korea and China.
China c.bank to use tools such as RRR to tackle economic woes
China’s central bank will use policy tools such as the reserve requirement ratio (RRR) and medium-term lending facility to weather the challenges facing the world’s second-largest economy, a senior …
China did not and will not experience deflation in H2 as economy continues to grow: central bank
China’s economy continues to grow and does not show signs of deflation. It is expected that the country will not experience deflation in the second half of the year, Liu Guoqiang, vice governor of the…
The Yen, the Yuan, and the Dollar: How China and Japan Could Shore Up Their Economies
China and Japan both have reasons to welcome a weaker currency. It could support their world-beating export industries, and neither is worried about importing inflation.
China Flexes Military Muscles Ahead of Taiwan’s War Games
Since Tuesday, China has sent dozens of fighters, bombers and other aircraft including drones into the skies to Taiwan’s south, some crossing the Bashi Channel which separates Taiwan from the …
WRAPUP 3-China’s exports fall most in three years as global economy falters
China’s exports fell last month at their fastest pace since the onset three years ago of the COVID-19 pandemic, as an ailing global economy puts mounting pressure on Chinese policymakers for fresh …
