China's policymakers are now praising online platforms as key drivers of consumption and job creation, marking a shift away from previous regulatory crackdowns. Vice-Premier Zhang Guoqing and Premier Li Qiang have made supportive comments, indicating a move towards greater support for the platform economy.

China has raised concerns about the growing dominance of US dollar-backed stablecoins in global finance, suggesting that the unchecked rise could further solidify the United States' control over the international monetary system. Zhang Ming, deputy director at the Institute of Finance and Economics and the National Finance and Development Laboratory, warned that if the US connects dollar-pegged stablecoins to global credit markets, it could deepen the dollar's presence in both physical and digital economies, making it challenging for other currencies to compete globally. In response, China is calling for efforts to internationalize the digital yuan (CNY) and expand its use on domestic and international platforms. Meanwhile, EU officials have also expressed fears that the US's pro-crypto stance could give dollar-backed stablecoins an edge over Euro-based alternatives.

Chinese cities are taking steps to support stable foreign trade growth amid US tariff concerns. Dongguan, Shenzhen, and Shanghai have implemented various strategies to minimize the negative impact of trade frictions on their economies. This includes strengthening ties with leading mobile phone producers, providing subsidies for overseas exhibitions, and encouraging businesses to explore international markets.

Vivani Medical, Inc., a preclinical-stage biopharmaceutical company, will present at the BIO Investor Forum on October 18, 2023, to discuss its NanoPortal implant technology and lead program NPM-119 for type 2 diabetes and obesity treatments. Vivani Medical's President and CEO Adam Mendelsohn will provide updates on the company's progress.

Codelco’s new CEO, Ruben Alvarado, is reorganizinging the company’s management to address underperforminging copper mines and projects. Alvarado, who took the role last month, is bringing three operational divisions under one roof, led by Mauricio Barraza. The restructuring aims to streamline structures and prioritize productive areas as the company faces challenges in copper output and profitability.