AI WAR? Alibaba and Tencent Invested 2.5 Billion Yuan in an AI Startup
Alibaba and Tencent push forward AI investment in Zhipu, shaping China's tech landscape.
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Alibaba and Tencent push forward AI investment in Zhipu, shaping China's tech landscape.
Chinese firms stand out as some of the most active buyers in the global commodities market, and officials believe that the incorporation of the digital yuan in clearing houses will enhance the security of cross-border settlements for bulk commodities.
China's digital yuan has witnessed tremendous growth as the central bank ramps up its CBDC pilot in the last one-and-a-half ...
The SIM card, functioning as a hardware wallet, will initially undergo testing with the central bank digital currency (CBDC) in select pilot areas. This test will only be available to a specific group of Android phone users, but there are plans to expand its availability in the near future.
DBS, one of the leading banks in Asia, has become one of the first foreign banks in China to introduce ...
Moving forward, the Guangzhou Housing Provident Fund Management Center will continue to promote the digitization of the housing provident fund system.
WeChat, a popular app in China, has integrated the digital Yuan into the platform.
Yuan fell to a 14-year low against the U.S. dollar early Wednesday.
Chinese law enforcement broke up a money laundering operation that used the digital yuan and involved 200 million yen.
China's City of Shenzhen has decided to airdrop 30 million digital Chinese Yuan (e-CNY) in red envelops with the help ...