China: Are aims to make Shanghai an AI hub realistic?

"I think it's not surprising that Shanghai is committing to AI as the city is trying to be at the forefront of new technologies." The project has already taken off: a recently completed 200-meter-high skyscraper on Longyao Road, the AI Tower, will be a ... ( read original story ...)

China’s money rates rise as c.bank drains liquidity

SHANGHAI, Nov 10 (Reuters) - China's primary money market rates moved higher on Friday, in spite of a central bank liquidity injection, as cash conditions tightened ahead of business tax payments and the week brought a net liquidity drain. The volume ... ( read original story ...)