Ant Group Launches AI-Powered Life Assistant App
The Chinese fintech firm unveiled the Zhixiaobao app, which can help users with tasks such as ordering food, hailing taxis and booking tickets
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SHOCKING: 16 | Mind Blowing Facts
Shanghai Composite Index Fell 0.81% on Friday
Shenzhen Component Index closed down 1.44%
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One in Five Chinese Is Now Elderly, Official Data Shows
Nearly 300 million citizens were 60 or older at the end of 2023, up from 280 million the year before
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Former Chief of China’s Supreme Court Pleads Guilty to Bribery
Zheng Xuelin took $6.6 million in exchange for helping others with case handling and getting jobs
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China Expands Role of State Bank-Backed Equity Investors to Aid Tech and Innovation
Beijing pilot program will allow AICs to expand into venture capital investment to boost tech sector
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Top Stories of the Month: What’s Behind China’s Spending Slump
Dwindling confidence among consumers, businesses, local governments and other organizations is weighing on a focal point of the country's efforts to revive its slowing economic growth
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U.S. Lawmakers Accuse CATL of Aiding Chinese Military
Two lawmakers have called on the defense department to add the electric-vehicle battery maker to a list of companies with alleged ties to China’s military
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Shanghai Composite Index Rose 0.68% on Friday
Shenzhen Component Index closed up 2.38%
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Former Shanghai Legislative Chief Sentenced to Life in Prison for Bribery
Dong Yunhu accepted some $21 million in bribes in return for favors in financing, land sales and personnel appointments
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Weekly Must-Read: China’s Tightening Rules Put Foreign High-Frequency Futures Traders in Limbo
Some firms that have operated for years in a gray area are now struggling to find a compliant way to continue running their businesses in China
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