Chinas

China’s English School Ventures into Bitcoin Mining, Boosts Capacity with 220 Additional Units

Coinan PorterNov 3, 20232 min read

China-based BTC Digital Expands Bitcoin Mining Fleet BTC Digital, formerly known as Meten EdtechX Education Group, has announced the acquisition of 220 new Bitcoin mining units.…

China’s Researchers Create AI Model Hallucination Correction Engine

Coinan PorterOct 25, 20232 min read

A Tool to Combat Hallucination in AI Models A team of scientists from the University of Science and Technology of China and Tencent’s YouTu Lab have…

China’s Stimulus Package Boosts Asian Stocks while Inflation Impacts Australian Market

Cindy DuttaOct 24, 20233 min read

China’s Bond Issue Boosts Asian Stock Markets The approval of a trillion-yuan sovereign bond issue in China has led to an increase in Asia’s stock markets.…

Report: China’s Digital Currency Utilized for Settling Global Crude Oil Transaction

Theon BarrettOct 23, 20232 min read

China’s e-CNY Used in Large Crude Oil Transaction A recent report reveals that China’s e-CNY digital currency has been utilized in a significant international crude oil…

China’s Central Bank Governor Pledges to Control Speculative Activity in Cryptocurrency Market

Benito CormiOct 23, 20232 min read

Pan Gongsheng Pledges to End Cryptocurrency Speculation in China The new governor of China’s central bank, Pan Gongsheng, has vowed to put an end to speculation…

Utilizing China’s Digital Yuan CBDC, Cross-Border Oil Transaction Settled for the First Time

Coinan PorterOct 23, 20233 min read

The Digital Yuan Used for Oil Transaction for the First Time The Shanghai Petroleum and Natural Gas Exchange (SHPGX) has announced that the digital yuan, China’s…

Confirmed: US Military Expresses Concerns About China’s Cloud Technology Access

Coinan PorterOct 23, 20232 min read

US Considering Crackdown on Chinese Access to Cloud-Based Technologies The United States Undersecretary of Commerce for Industry and Security, Alan Estevez, recently announced that the US…

Surging Demand for Gold, China’s Gold-Backed Bond Initiative, and the Alarming Surge of 10-Year Treasury Notes

Benito CormiOct 21, 20233 min read

Gold Shines Amid Turbulent Macroeconomic Conditions In the midst of geopolitical tensions in Ukraine and Israel and speculation about interest rate hikes, the 10-year Treasury note…

The Fusion of East and West: Baidu’s Latest Ernie 4.0 Chatbot Embodies China’s Expanding AI Aspirations

Demian CrypterOct 17, 20232 min read

Baidu Unveils Ernie 4.0: The Next Step in Its AI Journey Baidu, often referred to as the Google of China, has announced the launch of Ernie…

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