china

Why America Should Ban Crypto

The Bitcoin logo on a Coinstar cryptocurrency ATM at a grocery store in Washington, Jan. 19. Photo: stefani reynolds/Agence France-Presse/Getty Images In the US in recent years, privately owned companies have issued thousands of new cryptocurrencies, large and small. These have subsequently become publicly traded without any governmental pre-approval of disclosures. In some cases, a …

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Tech, internet firms seen boosting employment

A visitor checks out Tencent artificial intelligence products at the China Science and Technology Museum in Beijing in January. The tech company’s digital ecosystem is expected to help create 31.8 million new jobs and 147 new job categories over the next five years. [HUANG YONG/FOR CHINA DAILY] China’s tech and internet companies are expected to …

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Europe grew faster than the US last year. Its markets are outperforming too

London CNN — Europe’s stock markets have beaten Wall Street by the biggest margin in more than three decades over recent months as its economy looks set to dodge a recession many thought inevitable just a few weeks ago. Since late September, European market benchmarks have risen by 20 percentage points more than Wall Street …

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US blocks export license renewals for China’s Huawei

BEIJING (AP) — China’s government accused Washington on Tuesday of pursuing “technology hegemony,” as the United States has begun stepping up pressure on tech giant Huawei by blocking access to American suppliers. The Biden administration has stopped approving renewal of licenses to some US companies that have been selling essential components to the Chinese company, …

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Asia-Pacific shares, Fed, earnings, economic data

CNBC Pro: What one tech fund manager is expecting from Apple and Alphabet earnings this week Microsoft Issued a disappointing revenue forecast last week, but its stock has since increased. What does that mean for the other Big Tech companies set to report earnings? Tech fund manager Jeremy Gleeson, who manages the £1.1 billion ($1.5 …

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‘Surprisingly resilient’: IMF lifts global growth forecasts | International Monetary Fund

The International Monetary Fund (IMF) has raised its 2023 global growth outlook slightly due to “surprisingly resilient” demand in the United States and Europe and the reopening of China’s economy after Beijing abandoned its strict zero-COVID strategy. The IMF said global growth would still fall to 2.9 percent in 2023 from 3.4 percent in 2022, …

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China stocks near bull market after return from Lunar New Year holidays

Tourists walk under colorful lanterns at Beijing Nangong Tourist Resort during the Spring Festival holiday on January 23, 2023 in Beijing, China. The Chinese Lunar New Year, or Spring Festival, falls on January 22. Vcg | Visual China Group | GettyImages China’s onshore A-shares were hovering close to bull market territory on Monday, the first …

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China returns from New Year, CSI 300, New Zealand trade, Fed meeting

Visitors on Central Street of the Taipa Village in Macau, China, on Wednesday, Jan. 25, 2023. Tourism and spending are reviving in Macau as the Lunar New Year holiday spurred a jump in visitors after pandemic travel restrictions were eased between the territory and mainland China. Bloomberg | Bloomberg | GettyImages Stocks in the Asia-Pacific …

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AI powers China’s astronomical quest

[Photo by Ma Xuejing/China Daily] Private, public sectors join forces to unleash potential of high-tech to create huge economic impact Artificial intelligence is helping China decode the universe for the world. By incorporating AI in the work done using the Five-hundred-meter Aperture Spherical radio Telescope, Chinese astronomers are trying to discover celestial objects and phenomena …

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Quirky kids in China: girl gets doll a haircut, toddler force-feeds sick uncle, two siblings cook feast for family

The hairdresser couldn’t help laughing later because when he shook the doll to prove his point, the doll looked like it had been electrocuted. “I found all hairdressers always have one reason to blame when they failed to make a good hairstyle: your hair quality is problematic,” one person joked about Douyin. 5-year-old girl force-feeds …

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