Yesterday’s session saw the US Dollar Chinese Yuan (USD/CNY) exchange rate attempt to break above the December high of 6. 9153... UPDATE: The EUR/USD exchange rate is trading in the mid-1.
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China’s ICBC Backs AI Push With $11 B Fund as Beijing Mobilizes 1 T Yuan for Tech StartupsThe Industrial and Commercial Bank of China (ICBC) has launched an 80 billion yuan technology and innovation fund. This ...
The public security authorities have imposed an eight-day administrative detention on a man who used AI tools to fabricate ...
Chinese AI startup Zhipu AI secured 500 million yuan ($69.04 million) in funding from state-owned Huafa Group, just one week ...
BEIJING - Since the start of 2025, China has distributed 1 billion yuan ($139.48 million) in subsidies to over 1.65 million ...
China will set up a government-backed fund in the near future that will mobilize 1 trillion yuan ($138.01 billion) from social capital to support technology startups, Zheng Shanjie, the head of ...
Baidu Inc., the operator of China’s leading search engine, is planning to offer about 10 billion yuan ($1.4 billion) of bonds ...
BAIDU, the operator of China’s leading search engine, is planning to offer about 10 billion yuan (S$1.9 billion) of bonds ...
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