China

TikTok has been fined 345 million euros because the video app has done too little to protect children's privacy. The Irish privacy watchdog imposed this fine, among other things, because videos of children on the platform were automatically…
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The Chinese central bank has announced a new measure to boost the country's ailing economic recovery. This time, the amount of cash banks must hold as reserves is again reduced. The central bank hopes financial institutions will…
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A statement by Tesla and X CEO Elon Musk about Taiwan has caused bad blood among the authorities of the island state. In a podcast, the multi-billionaire had compared Taiwan to the US state of Hawaii, saying the former is "an…
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Alphabet (Google), Apple, Amazon, Facebook owner Meta, Microsoft and TikTok parent ByteDance are subject to strict European Union rules. Six big tech companies are so big and powerful that they serve as gatekeepers for services…
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US companies need more predictable regulation in China. That's what US Secretary of Commerce Gina Raimondo said at the end of her three-day visit to the country. The minister spoke with political and business leaders in China to improve…
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The Chinese real estate group Evergrande says it has booked higher turnover and a minor loss in the year's first half. The company ran into financial trouble nearly two years ago and is at the centre of an ongoing crisis in China's real…
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Slower economic growth in China will also affect the United States economy. That is what US Treasury Secretary Janet Yellen said. According to her, neighbouring countries of China will be most affected by the ailing recovery of the Chinese…
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The CIA and other US intelligence agencies have not found any evidence directly linking COVID-19 to the laboratory in Wuhan, China. This is stated in a report published Friday. The services write that they do not have any…
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