The US export restrictions on AI hardware in China has seen AI GPU prices at crazy prices, but the black market price of H100 AI GPUs is now falling.
Monthly Archives For April 2024
Shenzhen Unique Scales Co Introduces Revolutionary Smart Body Fat Scales for Precision Fitness Tracking
Shenzhen Unique Scales Co introduces cutting-edge smart body fat scales, revolutionizing fitness tracking by providing accurate body composition analysis and personalized insights. Shenzhen, China – …
Tesla China rival BYD sees profits and sales fall
BYD has been competing with Elon Musk’s Tesla to be the world’s biggest seller of EVs. The US giant reclaimed the title earlier this month after losing out to its Chinese rival at the end…
Pro-China Sogavare out of the race as Solomon Islands votes for next leader
Manasseh Sogavare, the Solomon Islands prime minister who drew his nation close to China, sharpening the United States’ focus on the strategic importance of the Pacific Islands, has bowed out of the …
China’s factory, services activity growth slows in April
China’s manufacturing and services activity both expanded at a slower pace in April, official surveys showed on Tuesday, suggesting some loss of momentum for the world’s second-biggest economy at the …
China’s factory activity expands at fastest clip in 14 months, Caixin PMI shows
China’s manufacturing activity expanded at the fastest pace in 14 months in April, driven by a solid uptick in new export orders, a private survey showed on Tuesday, an encouraging sign for an economy …
China Vanke Posts First-Quarter of Losses Amid Property Woes
By Kimberley Kao China Vanke posted a first-quarter loss as earnings were weighed by the ongoing slump in China’s property sector. The company, one …
China’s ICBC, Agricultural Bank post profit drops on margin squeeze
The government may press state banks to continue cutting lending rates, further eroding their margins, analyst says.
China now home to 369 unicorns, with an average value of US$3.8 billion, led by AI and semiconductor firms, report says
Across 16 sectors, AI unicorns are the highest valued, at an average of US$6.76 billion, followed by financial technology firms at US$6.57 billion Beijing minted the most number of unicorns at 114, …
Elon Musk’s surprise China visit just made him billions
China has been a tricky market for Tesla.Credit … a key building block for Musk’s long-held vision of a truly autonomous driving future. The Business Briefing newsletter delivers major stories, exclusive coverage and expert opinion.
CHINA UNICOM Mar Net Increase of 5G Package Subscribers Accelerates to 3.206M
CHINA UNICOM (00762.HK) announced the latest operational data. For March 2024, the aggregate number of “big connectivity” subscribers neared 1.028 billion, representing a… CHINA UNICOM (00762.HK) 0.
Tensions grow as China ramps up mining for green tech
The protest, sparked by the firing of a number of Argentine staff, is just one of a growing number of cases of friction between Chinese businesses and host communities, as China – which already dominates…
China Cuts Air Pollution After Reimposing Winter Controls: CREA
China’s reintroduction of a pollution action plan this winter helped improve air quality after its disappearance last year led to a surge in smog, according to a new report.
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