The digital currency race between the U.S. and China is more than a technological arms race. It represents the reordering of global monetary governance.
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China Unicom unveils platform to help automakers’ global push
The company, a specialized subsidiary of China Unicom focusing on advancing Internet of Vehicles (IoV) and smart transportation, announced its latest innovations at the conference, including the China …
Nvidia’s China reentry buys Beijing time in AI chip push
For the US, Nvidia’s continued presence in China may serve as a strategic lever to maintain its dominance in AI. Experts told CNBC that keeping Chinese firms reliant on US-designed chips and software, …
‘Strong uptick’ in global IPO offerings despite headwinds: EY
There was a strong uptick in global initial public offerings (IPOs) market listings in 2Q2025, with a total of 539 recorded listings raising US$61.4 billion ($78.8 billion) in 1H2025, according to an …
China scion’s fight with half-siblings sends succession warning
HONG KONG] For decades, Kelly Zong had been known as the only child to her late billionaire father, the founder of beverage empire Hangzhou Wahaha Group. His effort to groom her as a successor was…
China’s Rare Earth Magnet Exports To U.S. Surge After Trade Pact Eases Shipment Restrictions
China’s exports of rare earth magnets to the U.S. in June rose more than sevenfold from May, signaling a sharp rebound in supply, according to Reuters. China’s rare earth magnet exports rose 157.5% from May…
Chinese blockchain to launch yuan-backed stablecoin
Chinese blockchain developer Conflux has rolled out the third iteration of its public network and announced plans for a stablecoin pegged to the offshore …
China rare earth magnet exports jump 158% after trade truce
Total cargoes of the magnets rose to 3,188 tons last month, according to Chinese data on Sunday, more than double volumes of 1,238 tons in May.
Chinese blockchain Conflux launching offshore yuan-backed stablecoin
Chinese blockchain firm Conflux debuts Conflux 3.0 alongside a new offshore yuan-backed stablecoin to facilitate Belt and Road transactions.
Meta, Microsoft, Amazon, Alphabet Questioned By US Lawmakers On Safeguards For Undersea Cables Amid China, Russia Concerns
The letter was signed by Representative John Moolenaar, who chairs a House committee focused on China, along with two other Republicans.
Lawmakers want US tech CEOs to address concerns about submarine cables
Three Republican House lawmakers on Monday asked the CEOs of Alphabet, Facebook-parent Meta, Amazon.com and Microsoft if the tech firms have adopted adequate safeguards to address growing concerns …
Chinese Rare-Earth Exports Jump After U.S. Trade Truce
China’s exports of rare-earth magnets increased nearly threefold in June from the previous month, after the country lifted some export controls on the critical industrial inputs following a deal with the U.
Trade Latest: Europe Braces for Higher Tariffs, China Magnet Exports Jump
EU retaliatory measures could include taxes on digital services that could be aimed at U.S. technology companies such as Alphabet, the parent of Google, or Meta Platforms, which owns Facebook.
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