Washington and Beijing are in a contest to develop AI-controlled weapons that will operate autonomously. The outcome could decide the global balance of power.
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Why Is The Nasdaq Down This Week? Apple, China And Jobless Claims Worries Fuel Stock Market Slide
Despite the 5G chip export ban in place for China, the country’s top chip maker, SMIC, has made an advanced 7-nanometer processor to power the new high-end smartphone. But for Apple, the news is potentially…
Ant Group, the owner of Alipay, launches a new blockchain for Web3
The largest mobile payment network in the world, Alipay, is owned by Ant Group, which recently unveiled a new sub-brand called ZAN to focus on blockchain.
Brand value of top 100 Chinese companies rises to over $1t
The Kantar BrandZ Top 100 Most Valuable Chinese Brands Ranking and Report 2023 showed that the combined value of the 100 most valuable Chinese brands reached more than $1 trillion, which is 13 percent …
Tencent’s AI leviathan, $83M scam busted, China’s influencer ban: Asia Express
Cointelegraph Magazine’s digest of the most important cryptocurrency- and blockchain-related news from Asia last week.
Weibo Suspends 80 High-Profile Accounts Amidst China’s Ongoing Digital Currency Clampdown
In a recent move against cryptocurrencies, Chinas Weibo platform has terminated the accounts of 80 prominent crypto figures, some boasting 1 million subscribers, for violating multiple regulations.
China-focused private equity firms eye mergers and acquisitions in consumer staples, overseas expansions
Investors are seeking to diversify their risk portfolio and prioritising “predictable growth” at times of economic uncertainty, said Sam Sun, partner at Beijing-based Atlay … China’s IPO …
China’s Prosperity Cannot Hide Its Youth Unemployment And Underemployment Problems
China must recognize its youth unemployment problem. It’s getting from bad to worse, with the government stopping providing data on it.
Ant Group launches a new blockchain brand for Web3 developers
In July, media reported that the Ant Group is looking to exclude its blockchain branch from a main entity, which will be applying for a financial holding license in China. In 2020, Ant Group aimed…
China’s economic slump could be the spark that ignites World War Three
Harvard professor Graham Allison coined the term “Thucydides Trap” to describe the situation in which a rising power threatens to displace the ruling power, resulting in war between them. As China’s …
China’s Economic Woes Are Impacting Small Businesses.
From higher wages to the tariff war to a general economic slump, China’s issues are having an impact on U.S. businesses.
Ten workers killed in gas accident in China’s Inner Mongolia region
Ten people have been killed and three others were injured in a gas accident at a workshop in Ordos in China’s northern Inner Mongolia region, state broadcaster China Central Television (CCTV) said, …
China Looks to Make ASEAN Digital Yuan Move – CBDC ‘Breakthrough’ Imminent?
China is planning to showcase its digital yuan to the ASEAN nations, and could seek to make “cross-regional use” of its currency in the bloc.