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China’s mBridge Nears Launch, Set to Transform Cross-Border Payments

China is advancing toward the commercial launch of mBridge, a blockchain-based digital payments network for cross-border settlements involving multiple central banks. The platform aims...

China’s Supreme Court to Draft Rules for Crypto, AI Cases

China's Supreme People's Court announced it will develop new judicial rules for virtual currency and cross-border finance cases. The move aims to clarify how...

China Cuts US Debt Holdings to 2008 Levels, Driving Up Loan Rates for Americans

Rising U.S. debt and declining foreign demand are pushing Treasury yields sharply higher, with significant economic consequences. China's holdings of U.S. Treasury bonds have...

Nvidia CEO: China AI Market Share Now Zero After Export Restrictions

Nvidia's market share for AI chips in China has plummeted from 95% to zero, according to CEO Jensen Huang. The collapse follows tightened U.S....

AI Adoption Soars Among High Earners as China Court Restricts AI Layoffs

Artificial intelligence adoption is sharply rising among high-income professionals in the United States while a Chinese court ruling restricts AI-based layoffs. Data from a...

Apple Q2 Earnings Beat Expectations, Driven by iPhone 17 and China Surge

Apple's Q2 2026 earnings exceeded Wall Street estimates, with EPS of $2.01 and revenue of $111.2 billion. Strong iPhone 17 sales, a robust Services...

Apple Defies China Competition: iPhone Shipments Surge 20% in Q1 2026

Apple's iPhone shipments to China surged 20% in Q1 2026 despite supply disruptions and component price increases. According to Counterpoint Research, this growth came...

Circle’s CEO Sees Yuan Stablecoin Emerging Within Years Despite China’s Ban

Circle CEO Jeremy Allaire predicts a yuan-backed stablecoin could emerge within three to five years, despite China's ban on unauthorized tokens. Speaking in Hong...

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