China’s Internet Regulator Discusses New Data-Security Rules With Foreign Firms
The Chinese Internet regulator is discussing options for applying new data security rules with foreign companies, including Walmart.
China - page 19
Tencent Plans to Unveil AI Model
Tencent has been testing a proprietary AI model internally across different business segments, including advertising and fintech.
JPMorgan Сhanges Default Forecast for Emerging Markets
JPMorgan has made changes to the forecast for high-yield corporate default in global emerging markets, increasing the level of probability of this scenario.
USA to Restrict Investments in Chinese Technology Sector
The administration of US President Joe Biden last Wednesday, August 9, announced its intention to introduce restrictive measures concerning the investment of American venture capital, private companies, and joint ventures in the Chinese technology sector.
Chinese Export Declines Most in Last Three Years
By the end of July, China recorded a sharper reduction in import and export indicators compared to initial expectations.
China’s Central Bank Calls On Financial Sector to Help Fund Technology Research
The Central Bank of China has appealed to the local financial sector to provide material support, in this case, it means providing money, in conducting research in the area of technology and implementing mergers and acquisitions.
Transactions With Digital Yuan Hit $250 Billion
In China, the total volume of transactions using digital yuan exceeded the $250 billion mark.
Top China Mutual Fund Bets on AI Stocks for Recovery
China’s most highly performing mutual fund, Soochow Mobile, is currently preparing for the recovery of onshore shares.
China Publishes Final Version of Rules for Use of Generative AI
The Chinese authorities have published a list of operating principles for generative artificial intelligence services.
China’s Web Watchdog Wants to License Generative AI Use
The media reports that the Chinese authorities are planning to unveil strict control measures over the use of generative artificial intelligence in the near future.
Apple Launches Online Store on China’s WeChat App
Apple has launched an online store in the Chinese WeChat app.
US to Curb China Access to Cloud Services
The United States is currently preparing to impose restrictions on access to cloud computing services against Chinese companies.
Meta Reportedly Looks to Tencent to Relaunch Business in China
The media reported that Meta is currently trying to establish cooperation with the Chinese company Tencent in order to resume operations in that country.
Netherlands to Restrict Chip Equipment Exports
The Netherlands reported on the decision to restrict the export of certain equipment that is necessary for the production of semiconductors, to China.
New US Ban To Restrict Access of China’s AI Firms to Chips
The United States is currently exploring the prospects of introducing additional restrictive measures regarding the export of chips necessary for developments in the field of artificial intelligence to China.
Alipay and Mastercard Offer Cashless Payments to International Travelers to China
Alipay and Mastercard announced the beginning of cooperation to create a new payment method for foreign tourists visiting China.
© 2024 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.