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China

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...
China metaverse working group includes tech giants Huawei, Tencent, and Ant Group
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25 January, 2024

China metaverse working group includes tech giants Huawei, Tencent, and Ant Group

The working group comprises of tech giants, including Huawei, Tencent, NetEase, Ant Group, Baidu, and Sense Time, with engineering and...
World Internet Conference Wuzhen Summit crowns IPv6 adoption as Future of the Internet
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15 January, 2024

World Internet Conference Wuzhen Summit crowns IPv6 adoption as Future of the Internet

The World Internet Conference Wuzhen Summit was a massive success, with over 1,800 people from across the globe attending to...
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