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Shanghai Cyberspace Administration and Shanghai Data Bureau issued measures to facilitate high‑level opening and ease cross‑border data flows, focusing on upgrading cross‑border data‑flow infrastructure. Initiatives include advancing the national blo

2026-10-16

Shanghai Cyberspace Administration and Shanghai Data Bureau issued measures to facilitate high‑level opening and ease cross‑border data flows, focusing on upgrading cross‑border data‑flow infrastructure. Initiatives include advancing the national blockchain network (Shanghai hub) and strengthening distributed digital identity, privacy‑preserving computing and cross‑chain services; backing construction of cross‑border data‑service facilities and piloting rule‑recognition-based cross‑border data service models with targeted applications in finance and automotive sectors. The plan designates Lingang New Area, Hongqiao international CBD and Pudong as international data cooperation hubs and explicitly supports international data center construction to underpin the compute‑services industry and related cross‑border digital offerings.

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2026-10-16

Fed chair Kevin Warsh told the 2026 IMF and WBG annual meetings in Bangkok that despite recent geopolitical shocks and widespread central-bank tightening to curb inflation, many G20 economies have shown greater-than-expected resilience. He said he is

Fed chair Kevin Warsh told the 2026 IMF and WBG annual meetings in Bangkok that despite recent geopolitical shocks and widespread central-bank tightening to curb inflation, many G20 economies have shown greater-than-expected resilience. He said he is optimistic—while acknowledging some may call that naive—that the US will emerge from this round of shocks stronger, with a firmer economic base and greater capacity to lead global growth.
2026-10-16

U.S. Treasury official Brown: Japan is no longer facing a deflationary environment, and the level of the yen and monetary policy must change accordingly.

U.S. Treasury official Brown: Japan is no longer facing a deflationary environment, and the level of the yen and monetary policy must change accordingly.
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