China has launched an unprecedented campaign against illegal cross-border trading to stem capital outflows, threatening severe penalties against popular brokers and ordering non-compliant accounts to be liquidated within two years.

The ambitions of the Trump-Xi summit were limited because the economic relationship between the United States and China is increasingly shaped by strategic rivalry.

China announced a major crackdown on cross-border investment on Friday and said it will punish ​brokers it accused of illegally moving money to foreign markets, sending their shares plunging.

China’s securities regulator plans to penalize Futu Holdings Ltd., UP Fintech Holding Ltd.’s Tiger Brokers and Longbridge Securities Ltd. for operating on the mainland without a license, marking a sharp escalation in a yearslong campaign against illicit cross-border brokerages.

In the AI era, the problem with being a technological follower is the constant risk of having the rug pulled from under you, Liu says.

US Secretary of State Marco Rubio on Saturday opened a visit to India that will include talks with Prime Minister Narendra Modi, looking to renew ties with a usually like-minded partner a week after Washington's warm summit with China.

Donald Trump has called off the signing of an executive order that would have added safety guardrails to new artificial intelligence models, citing concerns that the US could lose

President Donald Trump didn’t leave China with a public promise from Xi Jinping to lift restrictions on rare earth exports to the United States. The good news, however, is that Beijing’s chokehold on that supply is beginning to loosen, in part, because private companies saw an opportunity and are trying to capitalize on it.