(Bloomberg) — China invoked the US’s brinkmanship over its own debt limit as it hit back at Treasury Secretary Janet Yellen’s criticism of Beijing’s handling of debt issues in developing countries. Most Read from Bloomberg The criticism came from the Chinese embassy in Lusaka, Zambia, on Monday, which blasted the …
Read More »China purges Internet of ‘sexy’ women and ‘overeating’, RT’s Africa plan, and UN debates cyber crime
“No sexy women” — that’s how censors in China marked the Lunar New Year. In yet another ambitious attempt to control the behavior of one billion internet users, the country’s top cyberspace watchdog launched a month-long campaign to purge the internet of ex-criminals, “sexy” women and overeating. The goal of …
Read More »US puts 3 dozen more Chinese companies on trade blacklist
BANGKOK (AP) — The U.S. Department of Commerce is adding 36 Chinese high-tech companies, including makers of aviation equipment, chemicals and computer chips, to an export controls blacklist, citing concerns over national security, U.S. interests and human rights. The inclusion of the companies in the trade “Entity List” means that …
Read More »The chief investment officer at the world’s biggest hedge fund says we’re headed for a recession that’s ‘double the normal length’—and it has a lot to do with China
The world’s biggest hedge fund is sounding the alarm about the potential for a protracted multiyear recession. Bridgewater Associates co–chief investment officer Greg Jensen warned this week that during periods of high inflation like what the U.S. economy is experiencing today, recessions tend to last longer—unless central banks slash interest …
Read More »China bans AI-generated media without watermarks
Enlarge / An unmarked AI-generated image of China’s flag. AI-generated images without watermarks will be illegal in China after January 10, 2023. Ars Technica China’s Cyberspace Administration recently issued regulations prohibiting the creation of AI-generated media without clear labels, such as watermarks—among other policies—reports The Register. The new rules come …
Read More »