China News
German Firms Boost China Investment by 33%
German companies increased direct investments in China by a third to 5.6 billion euros in the first half of the year, despite growing risks. Firms are also reducing investments in the US market.
Nepal Flood Reconstruction Needs $4.78 Billion
Nepal faces reconstruction costs of nearly $4.78 billion following devastating floods and landslides that killed over 1,300 people. The disaster occurred near the Chinese border in the Rasuwa region.
European Banks Ask EU to Ease Rules for Growth
Eleven of Europe's largest banks have sent a letter to EU leaders requesting a moratorium on increased capital requirements and a simplification of regulations. They argue these changes are necessary for the EU to better compete with China and the United States.
Anthropic Stops Malicious AI Use
Anthropic Accuses Chinese Rivals of Cheating
Anthropic AI Blocks Attempts to Develop Biological Weapons
