The Beijing-based firm raised nearly 8 billion yuan ($1.13 billion), valuing the company at about $7.6 billion. The debut comes as optimism over China’s drive for tech self-sufficiency intensifies, …
Monthly Archives For December 2025
Chinese, Dutch business leaders urge efforts to build stable, resilient global supply chains
Chinese and Dutch business leaders have urged efforts to build stable, resilient and efficient global supply chains amid rising geopolitical tensions and expanding national security concerns. At the …
What’s at stake in the fraying of US.-China soybean trade
Trump’s tariffs may threaten Chinese imports of U.S. soybeans. It took decades of diplomacy to establish these ties.
China’s $98 Billion AI Chip Boom: Cambricon’s 500,000 Gamble to Replace Nvidia
China’s AI chip race is entering a new phase, and Cambricon is stepping straight into the vacuum left by Nvidia’s (NASDAQ:NVDA) forced retreat. The chip designer is preparing to lift production to …
End of an era: Canon closes China printer plant as Japanese brand loses to local rivals
Closure marks a turning point, where Chinese brands have not only caught up with foreign rivals but have also begun to dominate home market.
How Shenzhen, China, became the electric car capital of the world
China now produces nearly three-quarters of the world’s electric cars, and no city embodies that dominance more than Shenzhen, home to industry giant BYD. Once known as “The World’s Factory,” the city …
FirstFT: US bipartisan bill seeks to block Nvidia sales of advanced chips to China
Also in today’s newsletter: investors fret over Japan’s spending plans and Meta plans to slash spending on metaverse …
China Is Issuing Streamlined Licenses for Rare Earth Exports, State Media Says
BEIJING, Dec 4 (Reuters) – China said on Thursday it is working on streamlining rare earth export licenses – a key promised outcome after a meeting between U.S. President Donald Trump and his …
Trump Could Approve H200 Exports to China. Does That Make Nvidia Stock a Buy Here?
Trump’s potential move to approve Nvidia’s H200 chip exports to China could ignite a major turnaround for the semiconductor giant.
Nvidia CEO meets with Trump, talks export controls
Nvidia CEO Jensen Huang said he met with President Trump on Wednesday and discussed export controls amid a faltering push in Congress to place new restrictions on advanced chip sales to China. “We …
US senators seek to block Nvidia sales of advanced chips to China
Nvidia would be blocked from selling advanced chips to China under a bipartisan bill that US senators plan to introduce on Thursday as part of an effort to make it harder for Beijing to obtain…
Huaxia Bank issues 637M blockchain bonds settled in digital yuan
Huaxia Bank has issued $637 million in blockchain-based bonds using the digital yuan, China’s central bank digital currency.
Why China is winning the innovation race
Once the world’s factory, Beijing’s relentless focus on R&D means the country has become the world’s laboratory, allowing it to compete against the West.
