Authorities in Hong Kong and Shenzhen have arrested 12 individuals in a coordinated effort targeting the creation and distribution of fake concert …
Monthly Archives For August 2025
10 years to the day, China’s big yuan devaluation set off shock waves – what has changed?
Lessons from the past, and an eye on the yuan’s globalisation, have helped shape a decade-long shift towards mostly market-based pricing for China’s currency.
Nvidia and AMD will give US 15% of China sales. But Chinese state media warns about their chips
Nvidia and AMD have agreed to pay the US government 15% of their revenues from semiconductor sales to China in exchange for export licenses, an unprecedented quid pro quo arrangement aimed at …
Nvidia, AMD may sell high-end AI chips to China if they pay US a cut
The global AI chip race narrative used to be about U.S. national security, but apparently now it’s about tariffs: Nvidia and AMD have agreed to pay the U.S. government 15% of the revenue they make…
The US is taking a cut from chip sales to China – what does it mean?
In a rare move, major chipmaking firms will give the US government 15% of profits from the sale of some advanced semiconductors in China.
Trump considers punitive tariffs, China builds space debris device: SCMP daily highlights
From China’s nationwide childcare subsidy to Chinese miners putting gold over own lives in Africa, here’s a round-up from today’s coverage.
China’s lithium price soars after battery giant CATL suspends production at Jianxiawo mine
China’s electric vehicle (EV) battery industry is facing a powerful shake-up. The world’s largest battery maker, CATL, has stopped production at one of its biggest lithium mines, the Jianxiawo mine, …
Nvidia, AMD to Pay 15% on China AI Chip Sales in US Deal
Nvidia Corp. and Advanced Micro Devices Inc. agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses, an unusual arrangement that may…
Digital Finance Forum of Global Digital Economy Conference 2025 … – KTLA
BEIJING, July 7, 2025 /PRNewswire/ — On July 3, the Digital Finance Forum of the Global Digital Economy Conference 2025 was held at the Beijing Banking & Insurance Business Park.
Nvidia, AMD deal with U.S. govt. to share revenue from China AI chips
The United States’ two leading makers of semiconductors that power AI have agreed to pay 15% of their China sales of two chips in exchange for export licenses.
Trump’s Pay-to-Play Chip Deal: Nvidia, AMD to Share China Revenue with U.S. Government
A Groundbreaking and Controversial Arrangement Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), two of the world’s leading semiconductor companies, have agreed to an extraordinary deal …
Ant Group Denies Rumors of Rare Earth-Backed RMB Stablecoin With People’s Bank of China
Ant Group has dismissed speculation that it is collaborating with the People’s Bank of China to issue a rare earth-backed RMB stablecoin.
12 arrested in Hong Kong-Shenzhen joint operation targeting suspected fake concert tickets
Hong Kong and Shenzhen authorities have arrested a total of 12 people in a joint operation targeting the manufacturing and sale of suspected fake concert tickets. More than 400 high-quality …
ADVERTISEMENT
