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Category China News

China Is Outspending the US on Crypto Rails, Coinbase Tells Senate

China Is Outspending the US on Crypto Rails, Coinbase Tells Senate

In Brief China's digital currency has already moved $2.37 trillion in payments The US leads China 23 to 1 on private AI spending Coinbase warns ab...
Goldman Is Bullish on Three Asian Currencies, All Three Are Down in 2026

Goldman Is Bullish on Three Asian Currencies, All Three Are Down in 2026

In Brief Goldman turns bullish on the won, Taiwan dollar and Malaysian ringgit. AI-linked currencies fell under 4% this year while energy importer...
Polymarket Odds Plummet Despite Trump Pushing CLARITY Act With Urgent China Warning

Polymarket Odds Plummet Despite Trump Pushing CLARITY Act With Urgent China Warning

In Brief Trump urges Senate to pass CLARITY Act, warning China could seize crypto leadership. The Senate has roughly four weeks to act before the ...
India Gold Discounts Widen to $19 as China Buying Streak Hits 20 Months

India Gold Discounts Widen to $19 as China Buying Streak Hits 20 Months

In Brief Indian dealers cut gold prices by up to $19 an ounce this week. China's central bank added 480,000 ounces of gold in June. Hong Kong laun...
Alibaba Orders Staff to Drop Anthropic Claude Code Over Security Fears

Alibaba Orders Staff to Drop Anthropic Claude Code Over Security Fears

In Brief Alibaba will bar employees from Anthropic's AI tools starting July 10. The company flagged alleged back-door risks and mandated its Qoder...