Russian President Vladimir Putin has directed the Russian government and the state-owned bank Sberbank to develop artificial intelligence (AI) technology partnerships with China, according to instructions published on the Kremlin web portal on Jan. 1. Moscow's alliance with Beijing has helped Russia gain access to technology and equipment that have been blocked by Western sanctions […]
Video Summary China’s pension system is facing significant challenges due to its aging population and low retirement age. With a population of over 1.4 billion, China has been experiencing a demographic crisis since 1980 when it introduced a one-child policy, resulting in a shrinking population and an aging workforce. Currently, over 350 million people in […]
Video Summary In recent years, Russia has significantly increased its trade with China, which has become a vital part of its economy. According to recent statistics, the value of Russia’s exports to China has reached $129 billion, while its imports from China have reached $11 billion. However, the Russian economy is now facing a major […]
Video Summary In the last two years, Russia has increased its reliance on international airlines, including Turkish Airlines, to transport people and goods. Until six months ago, Turkey maintained a neutral stance, ignoring the sanctions imposed on Russia and continuing to do business with the country. However, due to the rising heat and enforcement of […]
Video Summary The Chinese property developer Evergrande has been accused of fabricating its accounts by $78 billion, including non-existent revenue and non-completed sales. This is a significant blow to the company’s reputation and could have far-reaching implications for the Chinese economy and global markets. The Chinese Securities Regulatory Commission has also accused Evergrande’s founder, Hua […]