China’s yuan seeks to challenge the US dollar but traders don’t want to use it

The dollar’s internationalisation catalog, as measured by China’s northern bank, has greatly improved since 2009, but it still lags far behind the dollar and the euro in terms of business arrangement, global payments, international trading and central bank forex reserves. The new study discovered that additional obstacles included obstacles toContinue Reading

Shanghai lifts home-buying curbs to boost property sector

Shanghai has relaxed the requirements for purchasing real estate in the area as regional institutions around China try to redress a tense real estate crisis that is dragging the business. In an effort to combat rising prices and widespread speculating, some cities implemented restrictions and strict funds requirements on homeContinue Reading

Einstein and anime: Hong Kong university tests AI professors

Individuals at a Hong Kong university watch an AI-generated Albert Einstein explain game idea while wearing virtual reality headsets. The Hong Kong University of Science and Technology ( HKUST ) is conducting a course that examines the use of” AI lecturers” as the artificial intelligence revolution spreads globally. Concerns overContinue Reading