Cybersecurity experts said the government-backed "Labyrinth Chollima” hackers squad was responsible for the digital cash theft attempt
Police discovered the ring when one gambler sought help saying “please help me, I am gambling on my mobile phone and my family is going to be ruined”
Chinese diplomat Wang said China and the EU should enhance mutual trust, deepen cooperation, and not encourage backpedalling, on 20th anniversary of their strategic partnership
Regulators say the measures will not apply to firms who don't intend to offer their generative AI services to the Chinese public to encourage development of the technology
The 12% slump in outbound shipments was worse than expected in the year-on-year Customs data for June. Imports also contracted by 6.8%.
China's embassy in London said the accusation was "disinformation" and called the US government "the world's biggest hacking empire and global cyber thief"
Chinese analysts say Yellen's speech in April, which ranked national security interests as the top plank of America's bilateral economic policy, did not inspire optimism for the visit
The US warns that China's anti-espionage law provides extra grounds to access and control data held by foreign firms in China and could criminalise normal business activity
The Global Times quoted Chinese experts saying claims that the "short-lived revolt" by Wagner mercenary chief Prigozhin eroded Putin's power were "wishful thinking" by the West
The two countries signed agreements on computer chips, tech, critical minerals, space cooperation, plus defence and cooperative arrangements aimed at countering China's influence
US President expects to meet with Xi Jinping in the near-term and doubts that his remark undermined ties with Beijing
Xi has previously said China needs to seize opportunities to use AI to drive economic development, but has also cautioned about its risks