The World Gold Council’s annual central bank gold reserves survey showed that 89% of reserve managers expect global central banks to continue increasing their gold holdings over the next 12 months.
Gold has recently surpassed U.S. Treasurys to become the primary reserve asset.
NEWS SUMMARY
China’s IT ministry is seeking public feedback on mandatory national safety standards for automated driving systems.
Alibaba released the Qwen-Robot series, the company’s first embodied AI model.
AI startup DeepSeek is expected to close its first funding round, with founder Liang Wenfeng personally investing about 20 billion yuan, according to media reports.
Contact editor Lin Jinbing (jinbinglin@caixin.com)
