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China

The President of the European Commission, Ursula von der Leyen, reported that the European Union (EU) is carrying out multiple investigations into the TikTok platform for the treatment of confidential user data that has been transferred to China and advertising aimed at minors. Through this…
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China offers to buy El Salvador’s debt

This Monday, China's offer to buy the debt of El Salvador, a pro-cryptocurrency Central American country, was announced as a measure to help refinance its external obligations. The vice president of El Salvador, Félix Ulloa, said this week…

China’s GDP grew by 3.9 %

China's Gross Domestic Product (GDP) registered a growth of 3.9 % in the third quarter compared to the same period of the previous year, as well as in relation to the second quarter of the year, according to data published by the National…

Hong Kong presented its CBDC prototype

The authorities of Hong Kong, China, presented the prototype of what will be its digital currency issued by the central bank (CBDC). This project is called "Project Aurum", which includes a two-tier platform with a wholesale interbank and…

China postponed publication of its GDP

The National Statistics Office of China confirmed that it postponed the publication of the figures of the Gross Domestic Product (GDP) of the Asian giant corresponding to the third quarter of the year, scheduled for this Tuesday, coinciding…

China reserves fell in September 2022

It is estimated that China's reserves had a decrease of 0.85% in the period September 2021 and September 2022, standing at 3,092 billion dollars as reported by the State Administration of Foreign Exchange (SAFE). The reduction, compared to…

TikTok added “dislike” button for comments

TikTok introduced in the social network the button that allows you to indicate "I do not like", which is now available globally in order to relegate comments that users consider irrelevant or inappropriate. The new button began its…

China unveils first hypersonic military drone

China's newly unveiled first hypersonic military drone, the WZ-8, was actually created in 2019, following Russia's deployment of hypersonic weapons innovations at the time. WZ-8 is a drone capable of reaching maximum speeds between Mach 6…