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The yield curve has been inverted for over a year—a traditional omen of an economic downturn.

China: The rules, set to take effect on Aug. 15 and which Beijing described as "interim", come after authorities signalled the end of their years-long crackdown on the tech industry, whose help they seek to spur an economy recovering more slowly than expected after the scrapping of COVID-19 curbs.

The rules come after Chinese authorities signalled the end of their years-long crackdown on the tech industry, whose help they seek to spur an economy recovering more slowly than expected

HONG KONG (Reuters) -China issued interim measures on Thursday to manage its booming generative artificial intelligence (AI) industry, saying they would apply only to services offered to the public as regulators seek to support development of the technology. "It sends the positive signal that the regulators are paving the way for companies in China to launch their products on a large scale." China sees AI as an area in which it wants to rival the United States, and on which it has set it sights

China published measures on Thursday to manage its booming generative artificial intelligence (AI) industry, softening its tone from an earl...