China

According to China's official media, RenrenBit founder Zhao Dong, aka the "OTC King," was given a seven-year jail term after an inquiry. Zhao Dong, creator of the over-the-counter (OTC)…

With the help of a Chinese service provider, the bank has made it easier to buy, sell, and trade digital yuan, which has led to its widespread acceptance. More and more areas and banks…

A thaw was implied by the Biden-Xi meetings, but the "tech cold war" is still unresolved. There was optimism that the United States and China may reach a meaningful agreement on a number…

The ACCEL chip, developed by Chinese researchers, is the first fully-analog photoelectronic device, opening in a new era in artificial intelligence and recognition of images. Tsinghua…

A massive fraud case involving the unlawful exchange of Tether for Chinese Yuan (RMB) has been detected in China. The Chinese city of Tongliang was rocked by a large fraud case involving…

Last week's 1 million-barrel trade on the Shanghai Petroleum and Natural Gas Exchange was a huge step forward for CBDC and de-dollarization. The Shanghai Petroleum and Natural Gas…

China's new central bank governor Pan Gongsheng has introduced a five-point strategy to ensure financial stability, with an emphasis on regulatory compliance. The strategy aims to…

China's former central bank governor Zhou Xiaochuan warned on Thursday in Beijing that the country must pay particular attention to security throughout the development and testing of the…

AceGPT is an artificial intelligence system developed by a team from a Saudi Arabian institution and two from China. An Arabic-centric AI system was developed via a partnership between…

China and Brazil, two of the BRICS's founding members, and Saudi Arabia, a new member, are reportedly selling up their US Treasury holdings. U.S. Treasury Department data from the end of…