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The post China AI token use explodes to 140 trillion daily with rising western share appeared on BitcoinEthereumNews.com. China’s use of artificial intelligence has surged faster than expected, with daily AI token usage rising more than 1,000-fold in just over two years. The growth is also expanding into Western markets. According to China’s National Bureau of Statistics, daily AI token usage increased from 100 billion at the start of 2024 to 100 trillion by the end of the year, reaching over 140 trillion by March 2025. That’s roughly 100,000 tokens per person across China’s 1.4 billion population. Tokens are the small units of text and data that AI models use to process and generate content, forming the basis of everything from chatbot responses to AI-generated videos. Industry experts in China say token use has grown so large that it is becoming the basis of a whole economy, with AI services increasingly bought, sold, and priced by the token. Chinese models gain ground in the West Ch
Read full articleAngola's yuan reserve inclusion reflects a strategic shift in global finance, reducing dollar reliance and aligning with China's economic influence. The post Angola allows banks to use China’s yuan for reserve requirements, signaling dollar diversification push appeared first on Crypto Briefing.
The legislation could strain US relations with major economies like China and India, while intensifying scrutiny on global crypto transactions. The post Senator Graham posts agreement to hold Russia energy buyers accountable with 500% tariff threat appeared first on Crypto Briefing.
OpenAI's pricing strategy shift highlights the commoditization of AI services, pressuring margins and impacting future IPO valuations. The post OpenAI faces valuation pressure as AI token price war escalates appeared first on Crypto Briefing.
The post India Gold Discounts Widen to $19 as China Buying Streak Hits 20 Months appeared on BitcoinEthereumNews.com. Indian jewelers are cutting gold prices by as much as $19 an ounce this week as sharp volatility freezes retail buying, while China’s central bank keeps adding to its reserves. The contrast highlights diverging gold strategies across Asia’s two largest markets during a volatile month for the metal. Spot prices dropped to a seven-month low in late June before rebounding, fueling the wide swings dealers cite this week. India’s Discounts Deepen as Buyers Hesitate Dealers in India cut prices by up to $19 an ounce this week, according to Reuters. Sharp volatility has discouraged fresh purchases, and many buyers are avoiding the market entirely. Retail activity has shifted toward exchanging old jewelry for new pieces, so jewelers do not need to restock as often. This shift lowers demand for freshly mined bullion and keeps discounts elevated. Indian jewelry volumes fell 19% ye
The post China: Growth slowdown with uneven momentum – DBS appeared on BitcoinEthereumNews.com. DBS economists Radhika Rao and Mo Ji project China’s Gross Domestic Product (GDP) growth to slow from 5.0% year-on-year in Q1 to 4.8% in Q2. They note resilient industrial production and strong export growth driven by AI-related electronics, but highlight weak retail sales, subdued household sentiment, and continued drag from declining property prices and falling fixed asset investment. AI exports offset weak consumption “Economic growth is expected to decelerate from 5.0% yoy in Q1 to 4.8% in Q2, amid uneven domestic momentum.” “Industrial production is expected to improve from 4.5% in April to 4.6% in June, amid resilient external demand.” “Exports growth should have maintained its momentum with growth of 20.4% in June, driven by regional AI-electronic demand.” “However, retail sales growth is projected to moderate to 0.5% in June 2026, partly due to a high base effect from last year’s tra
This situation could lead to stricter AI export regulations, impacting US firms' global market access and boosting China's domestic AI industry. The post OpenAI and Google caught selling AI models to Pentagon-blacklisted Chinese firms appeared first on Crypto Briefing.
China's warning to Russia reshapes global nuclear diplomacy, potentially stabilizing geopolitical tensions and influencing market risk perceptions. The post China warns Russia against considering nuclear weapons in Ukraine, reshuffling geopolitical risk calculus appeared first on Crypto Briefing.
China's helium export ban exacerbates global supply chain vulnerabilities, impacting semiconductor and AI industries amid geopolitical tensions. The post China temporarily bans helium exports amid US-Iran tensions, threatening chip and AI supply chains appeared first on Crypto Briefing.
