China

Bottled water mogul Zhong Shanshan is already China's richest man, far ahead of Alibaba's Jack Ma

According to a new ranking of billionaires, Zhong Shanshan has already far surpassed the fortunes of Jack Ma and other moguls like the creator of TikTok and Elon Musk's biggest partner in China.

LinkedIn shuts down in China over government censorship, Microsoft company confirms

LinkedIn's vice president confirmed that the platform closes operations in China. It was the only Western social network that remained in the Asian country, where there is no Facebook, Instagram, Twitter or Google.

China publishes code of ethics to regulate Artificial Intelligence, what would Isaac Asimov say?

Going ahead of Europe, China has already published a six-point code of ethics to regulate Artificial Intelligence, giving 'full decision-making power' to humans, very similar to Isaac Asimov's laws of robotics.

China declared all cryptocurrency transactions illegal and causes Bitcoin crash

The Central Bank of China announced that it will ban financial institutions, payment and internet companies from facilitating cryptocurrency trading to Chinese investors, affecting the price of Bitcoin.

Children and young gamers in China rent adult accounts to play video games due to new restrictions

Renting your video game account to a young gamer seems like a lucrative and harmless business, but those who bypass the new restrictions imposed in China already have legal problems.

Shares of Chinese video game companies plummet amid state pressure for underage addiction

On September 2, the Chinese government issued its mandate that no one under the age of 18 can play more than three hours of video games per week.

China's Limit on Children's Gaming Time Goes Into Effect

The new crackdown means children can play games on Fridays, Saturdays, Sundays and national holidays, but only between 8 p.m. and 9 p.m.

China bans children and teens from playing video games for more than three hours a week

Minors will only be able to access video games on the days and times established by the Chinese government, and only for a total of three hours a week.

China halts 42 companies from IPO, subjects them to investigation, further 'strict measures' announced

The China Securities Market Regulatory Commission (CSRC) launched an investigation into intermediary firms that were about to present IPOs of more than 40 companies for their IPO.

TikTok plans to go public in Hong Kong in defiance of China's government

ByteDance, the company that owns TikTok, could debut on the Hong Kong stock exchange in 2022, despite growing scrutiny from the Chinese government on the country's 'big tech'.

Import Surge Sends US Trade Deficit to Record High

In the year-to-date, the trade deficit increased by 46.4 percent to $135.8 billion compared to the same period in 2020.

China launches the world's fastest train

The Maglev Train levitates on the tracks at a speed of up to 600 km / h.