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China, France to Deepen Ties Following Meeting of French President Macron and Chinese Leader Xi Jinping – Economics Bitcoin News

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Chinese and French foreign ministers have expressed readiness to strengthen cooperation and pursue a “close and enduring comprehensive strategic partnership,” according to China’s Ministry of Foreign Affairs. This followed a “successful” meeting between French President Emmanuel Macron and Chinese President Xi Jinping. China and France to Strengthen Relations State Councilor and Foreign

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Inflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation – Economics Bitcoin News

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Inflation in China registered an increase of 0.1% year-over-year in April, according to numbers from the National Bureau of Statistics of the country, falling below expectations. Some analysts are already warning about the dangers of deflation, even calling on the Chinese government to deliver cash handouts in order to push

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China launches national blockchain center to train half a million specialists

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On May 10, the National Blockchain Technology Innovation Center, first announced in February, has officially started its work in the capital city of Beijing. The Center will collaborate with local universities, think tanks and blockchain businesses to develop blockchain implementation in China. The institution will reportedly train more than 500,000

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China national blockchain research center started in Beijing

boss Blockchain

China’s national blockchain research center, which began operation on Wednesday, plans to train at least 500,000 blockchain professionals for China’s Web 3.0 industry. It will work with universities, research institutions and enterprises in conducting the training to support the country’s digital economy. See related article: How Web3 in China is taking

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Lawmaker Warns US Default Risks Dollar’s Reserve Currency Status, Exploitation by China and Russia – Economics Bitcoin News

boss Bitcoin News, News

The top Democrat on the House Intelligence Committee has warned that China and Russia would seek to exploit the chaos resulting from a U.S. default. He further cautioned that the U.S. dollar’s reserve currency status could be eroded if the U.S. defaults on its debt obligations. U.S. Lawmaker’s Debt Default Warning Congressman

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China issues first arrest over fake news created with ChatGPT: Report

boss Cryptocurrency Market, News

A suspect identified only as “Hong” was detained by local authorities and arrested in the Gansu district of China after allegedly using ChatGPT to generate fake news stories. According to a report from the South China Morning Post, Hong was detained after an investigation into an unsubstantiated article relating to a train

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China Ramped Up Gold Production During Q1 Amidst Steady Demand From Central Banks – Finance Bitcoin News

boss Bitcoin News, News

Gold companies operating in China ramped up their production levels during the first quarter of 2023. According to industry reports, the Chinese gold industry managed to recover its extraction levels, reaching numbers it saw before the Covid pandemic, with the country engaging in a record streak of purchasing gold during

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