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China

Hong Kong Chamber of Commerce calls for stablecoin issuance
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10 February, 2024

Hong Kong Chamber of Commerce calls for stablecoin issuance

The HKGCC made the suggestions in a Budget Submission to the Office of the Financial Secretary, calling for the rollout...
China, Russia collaborate to explore safe military use of AI
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10 February, 2024

China, Russia collaborate to explore safe military use of AI

China and Russia will be exchanging assessments on military use cases for AI focused on safety within international best practices.
China’s Tencent gaming revenues falter, firm preps pivoting to AI
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6 February, 2024

China’s Tencent gaming revenues falter, firm preps pivoting to AI

Tencent’s CEO Pony Ma remarked that the move toward AI stems from several headwinds the gaming unit faces, for one,...
China AML laws revisions to eliminate digital asset regulatory blind spots
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3 February, 2024

China AML laws revisions to eliminate digital asset regulatory blind spots

China is revamping its anti-money laundering (AML) framework, with digital assets among the key areas the government wants to tighten...
Huawei’s new operating system supports digital yuan transactions
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3 February, 2024

Huawei’s new operating system supports digital yuan transactions

Huawei's HarmonyOS Next will offer "atomicity," a key feature of central bank digital currencies (CBDCs) designed to allow instant settlement...
Digital yuan trials included in 5-year modernization plan for Shanghai district
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2 February, 2024

Digital yuan trials included in 5-year modernization plan for Shanghai district

Chinese authorities have confirmed a modernization plan for Shanghai's Pudong New Area, focusing on establishing a new commercial hub and...
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