Chinese launch startups CAS Space, Landspace advance plans for IPOs Launch firm CAS Space has completed IPO counseling with regulators, marking the first formal step toward a listing on Shanghai Stock …
BUSINESS
Inside the Biden Administration’s Gamble to Freeze China’s AI Future
But now, as National Security Adviser Jake Sullivan declared that September, “we must maintain as large of a lead as possible.” On October 7, 2022, the Biden administration announced a sweeping set of …
China’s early South American soybean buys squeeze US out of peak export window
Purchases of 12 million tonnes for September and October reflect about half China’s demand for the period, cutting need to buy US crop.
EU urges China to drop sanctions on Lithuanian banks amid tensions over Russia and Taiwan
The European Union called on China to revoke sanctions imposed on two Lithuanian banks in retaliation for EU penalties on Chinese lenders linked to Russia’s war in Ukraine. Beijing announced the …
Efforts are on to restore rare earth magnet imports from China: Centre
India’s trade relations with China are gradually showing renewed momentum, with negotiations underway to commence imports of rare earth magnets, according to a senior government official. The move …
Shrapnel Raises $19.5M, Partners with Gala Games for Global and China Expansion
Seattle-based game studio Neon Machine has secured $19.5 million in funding, led by Gala Games, to expand its blockchain first-person shooter … the first foreign web3 game approved to run on China’s …
How Nvidia’s H20 chip found itself at the center of the U.S.-China trade war
The stakes are high for Nvidia as it looks to restart China chip sales in the face of fast-evolving geopolitical tensions.
US Reportedly Hid Trackers in Shipments to Monitor AI Chips Diverted to China
Trackers were placed in the packaging and sometimes inside servers from Dell and Super Micro, according to Reuters.
AInnovation Forms Joint Venture with Hunlicar for AI and Blockchain Advancements
Qingdao AInnovation Technology Group Co. Ltd Class H ( ($HK:2121) ) has shared an announcement. AInnovation Technology Group Co., Ltd has formed a …
⏳China’s Tesla killer sells 200,000 units in 3 minutes — but you’ll wait a year to get one
A brand-new Chinese electric vehicle has taken the market by storm, breaking sales records within minutes of launch. The car, designed to compete directly with Tesla’s Model Y, attracted an …
Discipline body refutes claims ex-official mined crypto
Guizhou anti-corruption authorities have dismissed online claims that a former big data official mined 327 bitcoins on government servers, China Newsweek reported.
China hawks skeptical of Trump chip deal
Technology Technology The Big Story Trump’s Nvidia, AMD deal prompts security concerns President Trump’s reversal on previously blocked chip sales to China has sparked …
A Tale of Two Chinas: Crypto Strategy, Ban or Build
China bans crypto while Hong Kong builds regulated hub with ETFs, stablecoin licenses, and tokenization registry in contrasting strategies.