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China

Chinese government to take control of poorly managed private funds

The main organism in charge of regulating China's securities announced that it will take strong measures against poorly managed private funds, in order to give a stop to public offerings disguised as private capital. Yi Huiman, president of the China Securities Regulatory Commission (CSRC),…

Chinese banking to use digital yuan in investments and insurance

The state financial institutions China Construction Bank (CCB) and Bank of Communications (Bocom), leaders in the banking sector, are increasing their efforts to expand their pilot programs on the Central Bank Digital Currency, CBDC, of…

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China cuts video game hours

China tightened its policy to combat video game addiction in its underage citizens and has reduced the amount of time they can play to up to three hours a week, with a maximum of one hour a day and only on weekends. This is stated in a…

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US review trade relations with China

The Administration led by President Joe Biden and Vice President Kamala Harris is conducting a "comprehensive review" of trade relations between the United States and China, according to US Government Trade Representative Katherine Tai.…

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Xiaomi removes the surname “Mi” from its devices

Xiaomi announced the withdrawal of the surname 'Mi', which it currently uses in the names of a large part of its devices from phones to tablets or the Internet of Things, and which will become known as only 'Xiaomi'. The Chinese company…

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Venezuela increased exports of marine products

In the first half of the year, foreign sales of registered marine products reached 13 thousand tons of shrimp; 1,000 tons of blue crab, 907 tons of "tajalí" and octopus with 629 tons, which represents an increase of 10 % compared to 2020 in…

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Xiaomi works on 200W fast charging

Xiaomi introduced its 200W fast charging system for smartphones in May and although it has not been incorporated into the brand's latest flagship device, Mix 4, the company will start mass production next year. The new generation of…

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Cleaner refineries thrive in China

In China currently operates two types of refineries: Tetera 1.0 and Tetera 2.0. The latter are making progress because they cooperate with the vision of the future of the sector held by the President Xi Jinping, who protects the cleanest…

TikTok works on 24-hour stories

TikTok followed the trend of platforms such as Snapchat or Instagram adding the "Stories", or ephemeral content that disappears after a day, as part of a test of the company to offer a new content format. Stories are one of the content…

Cryptocurrencies

Paraguay could receive 500,000 Bitcoin miners

Paraguay has a bill to regulate the mining of digital assets that would allow it to absorb, in three years, more than 500,000 cryptocurrency miners if it manages to consolidate a friendly policy with the bitcoin industry, in addition to…

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China sanctions six US citizens and one institution

China sanctioned former US Secretary of Commerce Wilbur Ross, chairwoman of the China-US Economic and Security Assessment Committee Carolyn Bartholomew, former chairman of the Congressional Executive Commission on China Jonathan Stivers, in…

NATO also blames China for cyberattacks

NATO denounced the wave of cyberattacks registered in European countries and, faced with this, demanded that China act responsibly and in accordance with its international commitments. "We condemn malicious cyber activity that seeks to…

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