2023-8-29 22:07 |
Evergrande’s ongoing bankruptcy saga has significant macroeconomic implications — including for the global cryptocurrency market. origin »
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The U.S. has added Alibaba, Baidu, and BYD to a Pentagon list of Chinese companies tied to Beijing’s military. The update also names several chip, biotech, robotics, and telecom firms operating in the United States. The list does not impose…
China’s top security authority has warned developers about risks linked to AI relay services that provide access to overseas models. The Ministry of State Security said some platforms could expose user information and enable unauthorized cross-border data transfers. The warning…
Alibaba has rolled out a preview of its most advanced AI model yet, stepping up its push into the top tier of global AI development. According to an X post from Alibaba’s Qwen team, the new model, Qwen 3.6-Max-Preview, has…
Alibaba and China Telecom are moving ahead with a new data centre project in southern China, powered entirely by the e-commerce giant’s in-house AI chips, as Beijing steps up efforts to build domestic computing infrastructure. The facility, unveiled on Tuesday,…
China’s regulators are pushing for banks to upgrade the “bank-tax interaction” model in a bid to expand financing for small businesses. According to a policy notice issued by the State Administration of Taxation and the National Financial Regulatory Administration, banks…
Hong Kong's sandbox role allows China to explore new financial technologies, like a gold-backed digital asset. Why does it matter? It could potentially be a stable alternative to the dollar.
Crypto money laundering is no longer centred on large, centralised exchanges. Instead, informal Chinese-language networks are playing a growing role in helping criminals move and disguise illicit funds.