China’s Xi Jinping declares Beijing champion of new global AI order
Crypto Briefing 2026-07-20 09:09:42
Context: Chinese President Xi Jinping has proposed the establishment of a 29-country artificial intelligence (AI) governance body at the World Artificial Intelligence Conference (WAIC). This move is seen as an attempt by Beijing to champion a new global AI order. The proposal comes amid a deepening tech divide between the US and China.
Key Facts
- Chinese President Xi Jinping proposed a 29-country AI governance body at the World Artificial Intelligence Conference (WAIC), a significant gathering focused on the development and regulation of artificial intelligence.
- The proposed governance body conspicuously excludes blockchain and crypto, indicating a strategic focus on AI by the Chinese government.
- The move by Xi Jinping deepens the US-China tech divide, suggesting a competitive and potentially divergent approach to technology governance and development between the two global powers.