Shares in some of Tesla’s biggest Chinese rivals fell on Monday after BYD’s price cuts fueled fears over the country’s brutally competitive EV sector.
BUSINESS
Nvidia CEO Says US AI Chip Export Controls Failed, Hurt Business
The post Nvidia CEO Says US AI Chip Export Controls Failed, Hurt Business appeared first on Android Headlines.
China-US trade truce talks face big challenge from false claims, misinformation campaign
Misinformation circulating on social media is undermining the US-China trade truce. Chinese state media promote false claims that Americans are panic-buying Chinese goods.
Misinformation casts shadow on US-China trade truce
From false claims of Americans panic-buying Chinese goods to bot-driven attacks on US brands, a tide of misinformation is casting a shadow over a temporary trade truce between Washington and Beijing.
Southeast Asian leaders meet to strengthen China, Gulf ties and counter Trump tariffs
Southeast Asian leaders began a two-day summit in Kuala Lumpur on Monday to work out trade deals with China and Gulf nations, as they face growing pressure …
Nvidia to launch cheaper Blackwell AI chip for China after US export curbs: sources
BEIJING/TAIPEI] Nvidia will launch a new artificial intelligence (AI) chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production as …
Hong Kong’s ‘bustling’ IPO market exceeds HK$76 billion mark this year
Battery giant powers the city back to global IPO top spot as finance chief highlights ties with the mainland as key to long-term development.
ASEAN to sign improved China, internal trade deals as bloc weighs ‘bolder’ moves to tackle US tariffs
The regional bloc has concluded negotiations to upgrade agreements that target easier trade – not just within the grouping itself, but also with its top economic partner, China.
Nvidia to launch cheaper Blackwell AI chip for China after US export curbs, sources say
Nvidia will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production as early as …
HK’s IPO fundraising sees over sevenfold increase this year: financial secretary
The past week was a busy one for Hong Kong’s IPO market, which welcomed the largest global IPO this year. Since the start of the year, Hong Kong’s IPO fundraising has exceeded HK$76 billion ($9.7…
China must boost consumption, but doubts grow over Xi’s ability to pull it off
China’s economic plan has hit a wall, and now the government wants households to carry the weight. For years, Beijing leaned on exports and state-led …
EV Discounts in China Reach Record High With Profits Limited to 3 Automakers
China has recently gained a reputation for offering significant electric vehicle (EV) subsidies, and new figures from April show that the country’s discounts reached a record high of 16.8%, up 0.3% …
China now offers instant tourist tax refund in bid to boost consumption
Visitors to China might soon find it easier to claim tax rebates at store checkouts – and that could mean a little extra cash to spend during their trip and fewer queues at the airport.…
