US Finalizes Rule Restricting Investment in Chinese Tech Firms
The Treasury Department on Monday finalized a new rule meant to prevent U.S.-based people and companies from investing in the development of a range of advanced technologies in China, thereby preventing Beijing from accessing cutting-edge expertise and equipment. The rule, which implements an executive order signed by President Joe Biden in 2023, focuses particularly on […]
Low Consumer Spending in China Hinders Economy there and Abroad
U.S. Treasury Secretary Janet Yellen has joined several independent economists to express her frustration about low consumer spending and the property crisis in China. Some experts have expressed disappointment over Beijing’s limited measures to stimulate consumer spending, which is one of the biggest hurdles in the Chinese economy. “Our view has been that raising consumer […]
How X Users Can Earn Thousands from US Election Misinformation and AI Images
Some users on X who spend their days sharing content that includes election misinformation, AI-generated images and unfounded conspiracy theories say they are being paid “thousands of dollars” by the social media site. The BBC identified networks of dozens of accounts that re-share each other’s content multiple times a day – including a mix of […]