China tests nuclear-capable missile in Pacific, alarming neighbors

The drop in oil prices highlights vulnerabilities in global economic stability, with potential long-term impacts on energy markets and investment. The post Oil prices drop to $60s amid China’s real estate crisis, weak global demand appeared first on Crypto Briefing.

The post China: Deflation channel for Euro area prices – BNP Paribas appeared on BitcoinEthereumNews.com. BNP Paribas highlights how cheaper imports from China are exerting a deflationary influence on Euro area prices. With 16.9% of Euro area imports sourced from China, they estimate that a 10% fall in Chinese import prices could trim headline inflation by about 0.3 percentage points, consistent with recent European Central Bank (ECB) research, as China pursues a market-share-focused pricing strategy. Cheaper Chinese goods lower Euro inflation “Conversely, the downward trend in import prices from China has accelerated in recent months, especially in sectors where Chinese overcapacity is most pronounced, such as chemicals.” “Europe continues to import deflation from China.” “The deflationary impact of cheaper Chinese imports is not neutral for euro area inflation dynamics because the monetary union remains heavily dependent on imports (16.9% of euro area imports came from China in April

China's AI export restrictions could intensify global tech fragmentation, prompting increased interest in decentralized AI networks. The post China mirrors US with potential crackdown on AI exports appeared first on Crypto Briefing.

The post Trump Says Crypto Shift Was Driven by China and Voter Demand appeared on BitcoinEthereumNews.com. Trump said China’s crypto ambitions helped change his earlier anti-crypto position. His 2024 campaign accepted over $4 million in digital asset donations. Trump faces fresh scrutiny over crypto income tied to family-linked ventures. U.S. President Donald Trump tied his crypto shift to politics, voter interest, and competition with China during an Oval Office press conference on Monday. The comments came as he announced “Trump Accounts,” investment accounts for children under 18. When asked whether the accounts would allow Bitcoin, he gave a wider answer about national strategy. Trump Ties Crypto Shift To China And Voter Demand Donald Trump said he became “a big crypto guy” because he believes the United States must not let China dominate the sector. He said the industry had grown into a major financial force after receiving little attention during his first term. “I’m a fan, I was

China's missile test heightens geopolitical tensions, potentially impacting global markets and prompting strategic realignments in the Pacific. The post China’s rare ballistic missile test sends ripple through risk markets appeared first on Crypto Briefing.

The post China May Be Following US Lead With Quiet Crackdown on AI Exports appeared on BitcoinEthereumNews.com. In brief China’s Ministry of Commerce has held talks with Alibaba, ByteDance, and Z.ai about restricting overseas access to China’s most advanced AI models—including unreleased ones—per Reuters. The proposed framework: a tiered system from simple filing for basic tools to domestic-only restrictions on the most sensitive frontier models. If China restricts its own open-weight models, the alternative businesses reached for when the U.S. cut off Anthropic and gated GPT-5.6 in June disappears with them. The U.S. used its AI kill switch in June. China appears to be building one for July. Beijing has spent the past month in quiet talks with its biggest AI companies about restricting who gets to use them, according to Reuters. Chinese authorities held meetings with Alibaba, ByteDance, and startup Z.ai about potentially limiting overseas access to China’s most advanced AI models—incl

China is reportedly building the same power to cut off its AI that the US deployed against Anthropic in June.

It's early, but the plan is to reduce dependency on Nvidia and Huawei.