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Prevent capital from some investing in high tech sector investing in high tech sector in china such as Quantum Computing, Artificial Intelligence and advanced semiconductors. The goal is to stop the speed up of technology that could help china develop weapons for use against america in a military context. We put also require firms to make arrangements to report activities. Potentially laying the ground for more restrictions down the road. The regulations are not expected to take effect right away and there will be a period so businesses can weigh in on the proposal. China is the worlds second biggest economy, a vital market for American Companies and the concern expressed by some us executives may explain why this order has not been released until now even though expected back in february. A senior offici ....
Restrictions or both. shares in co working farm, wework, have shed almost 40% in a single day after the company warned it could go bankrupt. wework sighted financial losses, cash needs and a drop in membership. shares in wework are currently trading at around 13 cents. in india, the country s central bank is to unveil its latest monetary policy decision later today and the inflation rate has accelerated in june with food prices soaring in the last two months. so much so that tomato prices have rocketed. they now cost around ten times more from three months ago. earlier i spoke to economist radhiko rao who gave her take and how she expected ....