China to Revise AML Regulations With Crypto Transaction Cases
The revised law on Anti-Money Laundering (AML) practices in China will take into account the prevention of cryptocurrency use for such illegal purposes.
China - page 16
China Approves 14 Large Language Models
In China, local authorities have approved the launch of the first batch of large language models (LLM) this year.
Cinda Securities Expects China’s Industrial Profits Rebound
In 2024, the profit indicator of China’s largest industrial enterprises, for which 2023 was the second consecutive year of downturn, may increase slightly against the background of improving prospects for Beijing’s export activities and the implementation of a policy of support from local authorities.
Evergrande Approaches Liquidation
The Chinese Evergrande Group received a liquidation order from the Hong Kong court, which marked the beginning of a complex process to carve up one of the main casualties of the largest property crisis, which had a widespread negative impact on the state of the world’s second-largest economy.
Fidelity Forecasts China’s Economy Gradual Improvement in 2024
Peiqian Liu, Asia economist at Fidelity International, said during a media briefing on Thursday, January 25, that during 2024, China’s economic system will record a gradual improvement in the state of affairs, which will be stimulated by factors such as production and consumption.
China’s $6 Trillion Stock Wipeout Signals Deeper Problems
The collapse of the Chinese stock market by $6 trillion has become what can be symbolically described as the thunder of a terrible truth, the sound of which is stronger than any soothing and deliberately encouraging statements that, in general, the weather situation is favorable and there are no cataclysms capable of provoking serious long-term […]
China Cuts Banks’ Reserve Ratio
The People’s Bank of China announced a deep cut in bank reserves on Wednesday, January 24.
China Strategist Shaun Rein Warns of Deflation
In the foreseeable future, deflation may become a factor influencing the dynamic of the process of growth of the Chinese economy.
Nvidia CEO Makes China Tour
Co-founder of Nvidia Corp. Jensen Huang went on his first trip to China in four years.
China Actively Buys Chip Gear to Beat US Curbs
In 2023, there was a significant increase in the volume of imports of equipment necessary for the production of microcircuits to China.
Moody’s Negatively Characterizes Asia’s Sovereign Creditworthiness
Moody’s Investors Service has made a negative outlook on the sovereign creditworthiness of the Asia-Pacific region, citing factors such as the slowdown in China’s economic growth, risks associated with the current state of affairs in the sphere of geopolitics, and tight funding as the reasons for this point of view.
Chinese Prime Minister Reports on Economic Growth
Chinese Premier Li Qiang on Tuesday, January 16, during a speech at the annual meeting of the World Economic Forum in Davos, Switzerland, said that the growth of the Asian country’s economy over the past year amounted to approximately 5.2%.
Apple Offers iPhone 15 Discount in China
For the first time in many years, Apple is offering discounts on the purchase of new iPhone smartphones in the Chinese market.
China’s Annual Exports Demonstrate Decline
China’s exports in 2023 showed a negative dynamic of the decline.
China Orders Banks to Review Cyber and Data Security
In China, local authorities have appealed to banks and insurance companies with a strong recommendation to inspect security systems, focusing in this case on issues such as data protection and anti-cybercrime tools.
Nvidia Reportedly to Launch AI Chip for China in Q2 2024
The American chip manufacturer Nvidia intends to launch mass production of microcircuits with artificial intelligence for the Chinese market, developed following the current export rules of the United States, in the second quarter of this year.
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