BlackRock and MSCI are facing congressional probes over facilitating investments in Chinese firms flagged by US for security concerns

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U.S. Capitol building
The House Select Committee on the Chinese Communist Party sent a letter to BlackRock and MSCI over China investments, per the WSJ.

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China is still waiting for a 'big bang' economic fix as Beijing grapples with more bad news

Tech Insider : Economy
China factory
China's manufacturing sector shrank in July, per multiple indices.

CFOTO/Future Publishing via Getty Images

Jack Ma started off as a school teacher and built China's Amazon. But 3 years after Beijing cracked down on his tech businesses, Ma's now turned to farming.

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Jack Ma, founder of Alibaba Group.
Jack Ma started off as a school teacher and built China's Amazon. But 3 years after Beijing cracked down on his tech businesses, Ma's now turned to farming.

Zhang Yazi/China News Service/Getty Images

Officials found suspected Chinese malware hidden in various US military systems. Its intended use is disruption rather than surveillance, a 'disturbing' change in intent, experts say.

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Two men in army uniforms adjust the propellor of a small aircraft.
US Air Force airmen adjust propeller weight during pre-flight checks on an MQ-9 at Andersen Air Force Base in Guam in May 2022.

US Air Force/Airman 1st class Christa Anderson

China's property woes continue to mount with another developer posting steep losses

Tech Insider : Economy
Chinese real estate
Property projects under go construction in downtown area on July 9, 2007 in Chongqing Municipality, China.

China Photos/Getty Images

Apple bet on an obscure Chinese manufacturer for the Vision Pro because of its willingness to test 'crazy' ideas, report says

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Apple Vision Pro headset.
Apple's Vision Pro headset is due for launch in 2024.

Apple

Most of what we've heard about the yuan dethroning the dollar is from the West. Here's what China's actually said about it.

Tech Insider : Economy, Politics
China is pushing for the yuan to play a larger role in international trade but hasn't openly called for the yuan to replace the dollar as the world's reserve currency.
China is pushing for the yuan to play a larger role in international trade but hasn't openly called for the yuan to replace the dollar as the world's reserve currency.

ByoungJoo/Getty Images

China's tech crackdown cost over $1 trillion. But the economy is in such deep trouble that the country's cozying up to its tech firms again.

Tech Insider : Economy
A robot plays with basketball at Mintasca intelligence technology company booth during the opening of 2023 World Artificial intelligence conference in Shanghai, China on July 6, 2023 .
China's cozying up to its tech firms again after a massive crackdown wiped $1.1 trillion off the valuations of major firms in the sector.

Ying Tang/NurPhoto/Getty Images

Italy just slammed China's trillion-dollar Belt and Road Initiative, saying it was an 'atrocious' decision to join and that it's barely benefited from the deal

Tech Insider : Economy, Politics
Italian Premier Giuseppe Conte and Chinese President Xi Jinping shake hands after the signing ceremony on Belt and Road Initiative, on March 23, 2019 in Rome, Italy.
Italy just slammed China's trillion-dollar Belt and Road Initiative, saying it was an 'atrocious' decision to join and that it's barely benefited from the deal.

Antonio Masiello/Getty Images

Maryland police are using drones from a Chinese company that were banned in four states

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A drone flies in front of a logo that reads
Maryland police agencies purchased drones from the Chinese technology company DJI.

Adrees Latif/Reuters

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