The AI industry is moving beyond technological competition and towards an era of AI-driven financial infrastructure.
Tagged By financials
China’s investment-driven role in global growth is underestimated, study says
Standard metrics understate China’s physical investment gap with the US and its wider economic influence, researchers say.
China considers national clearinghouse for digital yuan transactions
China’s PBOC is exploring a national clearinghouse for digital yuan transactions modeled after UnionPay, as e-CNY hits 3.48 billion transactions worth $2.3T.
China’s ‘slow bull’ financial sector overhaul
The “slow bull strategy” is therefore not merely about stock prices. It is about whether China can replicate in finance what it has already achieved in industry …
From lottery draws to fiscal spending, China broadens digital yuan footprint
Some say Beijing’s move is aimed at reducing dependence on a Western-dominated global payments system. Read more at straitstimes.com. Read more at straitstimes.com.
China deal ignites Boeing’s financial afterburners
Key Points Interested in The Boeing Company? Here are five stocks we like better. Federal regulators have authorized Boeing to increase its jet production, validating the company’s operational and …
Exclusive-from lottery draws to fiscal spending, China broadens digital yuan footprint
May 30 (Reuters) – China’s central bank is making a broad push to increase the use of digital yuan at home and abroad, several industry sources said, setting Beijing on a different – and potentially…
China appoints top regulatory official as financial clean-up drive continues
Ding Xiangqun takes up key role at the National Financial Regulatory Administration, one month after her predecessor was removed China has appointed a new Party chief of the National Financial …
China appoints veteran banker Ding Xiangqun as financial regulator’s Communist Party chief
BEIJING, May 29 (Reuters) – China has appointed veteran banker Ding Xiangqun as the Communist Party committee chief of the National Financial Regulatory Administration, according to a statement …
China, Serbia triple bilateral local-currency swap, aiming to boost trade, financial cooperation
China and Serbia have more than tripled the size of their bilateral local-currency swap arrangement, a move that analysts said will provide stronger financial support for expanding trade, investment …
Without fanfare, China is making rural migrants’ lives easier
So here is another one that is true, non-trivial and more germane to this age: China would face fewer trade wars with the rest of the world if its people were less thrifty. China angers…
CIMB in strategic partnership with China Merchants Bank to expand cross-border banking solutions
CIMB Bank Bhd and China Merchants Bank Co Ltd have established a strategic partnership to offer cross-border solutions and support the expansion of end-to-end banking services across China, Malaysia, …
China’s gold holdings rise again as central bank extends buying streak
Gold ETFs stay strong while jewellery demand cools in seasonal shift …
