China’s leader Xi Jinping wants the country to build a stronger energy system fast. The push comes as conflicts in the Middle East shake up global fuel supplies. China isn’t talking much about the war itself but wants to make sure its power stays steady no matter what happens abroad. Xi didn’t ment
China’s top tax and finance bodies pushed banks to use blockchain and privacy‑focused computing on Monday, aiming to make the “bank‑tax interaction” smoother and give small businesses more loan options. The State Administration of Taxation and the National Financial Regulatory Administration issued
China opened a new kind of wind tunnel in 2023 that runs faster than any other on record. Called JF-22, it stretches 167 meters long with a four-meter wide test section. Instead of giant fans, it uses chemical explosions to whip air to Mach 30 speeds—nearly 23, 000 mph—faster than a space shuttle co
China has taken a major step against an international money‑laundering ring that operated out of Cambodia. The chief, Li Xiong, a Chinese national who once led Huione Group, was seized in Phnom Penh and sent back to China. Authorities say he helped hide illegal profits and ran casinos, among other s
China’s main bank said it will keep its money policy relaxed to help the economy, even though outside forces are tightening. The decision was made during a meeting that looked at how China’s growth is doing in the first part of the year. The economy seems steady overall, but it still struggles with
Banks need three things from a blockchain that most public chains miss: the ability to keep parts of a transaction hidden, a reliable order of operations that can’t be hijacked by bots, and tools that let them prove compliance without broadcasting secrets. Public ledgers expose every move to anyo
Bank of America’s analyst Ming‑Hsun Lee has refreshed his view on the Chinese tech firm Pony AI Inc. , keeping a Buy rating and suggesting a target price of HK$148. 00 for the stock. Lee’s focus is on consumer‑cyclical companies, and he has a solid track record: an average return of 16. 5 % and a su
China has asked all parties involved in the current fighting between Iran and other forces to open the door for honest and meaningful talks that could bring peace. The statement came from a spokesperson for the Chinese foreign ministry, who said it is urgent to push for dialogue and use any chanc
Banks are testing ways to put their money onto blockchains, a move that could reshape how payments work. The idea is called tokenized deposits: digital tokens that represent real bank balances on a distributed ledger. These tokens are not just a new form of money; they stay tied to the bank’s own li
China's foreign minister, Wang Yi, had a chat with his Afghan counterpart, Amir Khan Muttaqi, over the phone. He suggested that Afghanistan and Pakistan should sort out their issues by talking, not fighting. Wang advised both sides to stay calm and meet face-to-face soon to stop the fighting and tal
