China’s financial regulator on Sunday reduced the risk weighting it attaches to insurance companies’ holdings of blue-chip shares and tech stocks, encouraging them to invest more in the country’s …
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Joe Biden, China And G20 Leaders Back ‘Swift’ Game-Changing Crypto Price Rules For $1 Trillion Bitcoin, Ethereum, BNB And XRP Market
U.S. president Joe Biden and leaders of other G20 member nations have endorsed the radical, game-changing crypto regulation recommendations of the global Financial Stability Board …
Sunak slams China’s ‘unacceptable’ interference after suspected spy arrested
Rishi Sunak has confronted China’s premier over his country’s “unacceptable” interference in British democracy after the arrest of a parliamentary researcher on suspicion of spying for Beijing.
Skirting US sanctions, Iran earning billions from oil exports while Russia, China cash in
Amid efforts to enforce sanctions against Iran, authoritarian regimes like Russia and China and some Western companies are bypassing U.S. sanctions to attend the Iran Oil Show.
Venezuela’s President seeks entry into the BRICS bloc with China’s support
Venezuela’s President Nicolas Maduro is actively seeking China’s support in joining the recently expanded BRICS group, a bloc of Brazil, Russia, India, China, and South Africa. This move comes as the …
‘Pathetic’: Former Tory Leader Blasts Rishi Sunak’s Approach To China Amid Commons ‘Spy’ Row
A former Tory leader has condemned Rishi Sunak’s approach to China after a parliamentary researcher was accused of spying for Beijing.Iain Duncan Smith hit out after the prime minister confronted the …
H World, China’s No. 2 hotel operator, to aim for wider network, margins as post-Covid recovery fuels turnaround, CFO says
H World Group, China’s second-largest hotel operator by rooms, returned to profit in the first half of 2023. An expected boom in post-Covid spending has prompted the firm to boost its guidance on …
China issues three-year strategy on development of metaverse industry
China on Friday issued a three-year action plan to promote the innovative development of the metaverse industry and strengthen the integration of new-generation information technologies such as artifi …
Venezuela’s Maduro Wants China’s Support to Join the BRICS
(Bloomberg) — Venezuela’s President Nicolas Maduro said he wants China’s support for his country to join the block of emerging-market nations known as BRICS. Most Read from Bloomberg Boss of Failed …
Chinese fintech giant Ant Group unveils own AI large language model, along with new Web3 brand, in push to expand presence in financial sector
Ant indicated that its AI large language model already outperforms ‘mainstream general-purpose LLMs’ in terms of financial scenarios Its foray into the LLM arena underscores the increased competition …
China wants metaverse firms with ‘global influence’ and plans for up to 5 industrial clusters by 2025
A new blueprint issued by five national Chinese agencies aims to develop the domestic metaverse for industrial use through technologies like blockchain and AI Beijing hopes the metaverse can bring …
China’s Exports Suffer 8.8% Drop in August, Marking Fourth Consecutive Month of Decline
China’s exports dropped 8.8% in August 2022 from a year earlier, marking the fourth straight month of declining overseas sales. Imports also fell, by 7.3% in August. Demand has softened both in China …
These Are The 5 Best China Stocks To Buy And Watch Now
China is the world’s No. 2 economy and home to dozens of companies that trade in the U.S. Right now, Tesla rivals BYD, Li Auto and XPeng, as well as gaming giant NetEase and e-commerce play…