Elon Musk said China is “by far” the strongest competitor in artificial intelligence, extending a warning he made 15 years ago that Beijing would ultimately become Space Exploration Technologies Corp.
Tagged By banking
How the US Can Reclaim the World Bank from China
The World Bank logo seen on a billboard in Jakarta, Indonesia, on July 15, 2026. The World Bank grants China a favorable position in international development finance. (Shutterstock/Poetra.RH) …
China adds eight banks as digital yuan operators, lifting the roster to 30
China’s central bank has approved eight more lenders to run digital yuan services. Beijing is attempting to make the currency an option for everyday and cross-border use. With the addition of these …
China Plans New Fiscal Support Policies This Year Amid Slowdown
China is considering additional assistance for domestic demand by offering loans subsidized by fiscal support and plans to roll them out in the second half of this year, as economic growth veers below …
Analysis-China tax crackdown forces wealthy investors to assess their offshore trusts
China’s new 20% tax on offshore trusts is driving wealthy investors to rethink international holdings and seek compliance amid tighter rule enforcement.
China pledges timely fiscal support to bolster growth
BEIJING, Aug 21 (Reuters) – China will roll out additional fiscal policy measures in response to economic developments, Vice Finance Minister Liao Min said on Friday, as growth slows in the world’s …
China gave firms loan collateral for collecting more data: USCC urges Congress
China data collateral rules let Chinese companies borrow against data assets while U.S. accounting standards prohibit the same, a new USCC report warns. Released August 18, the report finds Beijing is …
China sentenced Evergrande founder to life imprisonment over financial crimesPublished on: August 20, 2026 3:17 PM
Pakistan, Aug. 20 — China has sentenced Evergrande founder Hui Ka Yan to life imprisonment over financial crimes linked to the property giant’s collapse. A Shenzhen court also imposed a $1.31 billion …
China’s Property Crisis: From Evergrande Collapse to Spiraling Prices
Once one of the country’s biggest growth drivers, China’s property market has been in a downward spiral for five years. Real estate values continue to plummet, households in financial distress are …
China threatens retaliation over EU probe into JD.com-Ceconomy deal
China has threatened countermeasures against the European Union over its investigation into Chinese e-commerce giant JD. com’s planned takeover of Germany’s Ceconomy, the parent company of MediaMarkt …
China’s central bank holds benchmark lending rates steady for 15th month
The People’s Bank of China (PBOC) maintained its benchmark lending rates at record lows for the 15th consecutive month in August 2026, matching market expectations. The one-year loan prime rate (LPR), …
China eases limits on Nvidia H200 chips as AI race escalates
Small batches of Nvidia’s H200 chips have been allowed to enter mainland China, as Beijing tries to aid its leading AI companies in the …
Beijing Just Aimed at Taiwan Semiconductor Manufacturing Company (NYSE:TSM). Here’s Why the Bull Case Still Wins
On July 21, the Financial Times reported that China’s Ministry of Commerce is considering implementing export controls that would bar Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) and …
