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 - page 25
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.
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.
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.
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.
Digital Yuan Now Available as a Payment Option in Qingdao Metro
China’s digital yuan central bank digital currency (CBDC) can be used for fare payments even if the passenger’s mobile phone has no signal or is out of battery
Siemens to Invest €2 Billion to Boost High-Tech Plants
Siemens AG will direct investments in the amount of €2 billion to expand high-tech production.
Altman Calls On China to Help Shape AI Safety Guidelines
Sam Altman, Chief Executive Officer of OpenAI, said that China should become one of the main participants in the discussion on the development of artificial intelligence and the strategy of applying advanced technologies in the space of human life.
Ant Group Achieves 2022 Carbon Neutrality, Doubles R&D Expenditure
With the help of green computing technologies, Chinese fintech giant Ant Group reduced carbon emissions by over 62,100 tonnes of carbon dioxide equivalents (CO2e) in 2022
Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
Baidu Inc. has created something like a fund to finance Chinese startups that specialize in research in the field of generative artificial intelligence.
LinkedIn Cuts 700 Jobs and Closes China App
LinkedIn has cut 716 jobs, taking the baton of layoffs among large technology companies.
Jack Ma-Backed Ant Weighs Introduces Investor in HK Bank Unit
The media, citing informed sources, report that Ant Group Co. is currently exploring the possibility of selling a stake in its virtual banking division in Hong Kong.
