In 2024, mobile technologies and services generated $1.2 trillion of economic value, around 6.2% of China’s GDP.
TECHNOLOGY
New restrictions on China’s rare earths will likely disrupt tech and defense industries
China has tightened control over the global rare earth supply by introducing new export restrictions that could disrupt industries dependent on these materials. The latest measures,
GSMA: Mobile and AI to add $2T to China’s economy by 2030
The GSMA says that AI and mobile technologies will contribute $2 trillion to China’s economy by 2030—equivalent to 8.3% of the nation’s GDP.
Exclusive-China delays approval for Geely, BYD investment plans in Latin America, sources say
China is delaying approval for plans by Chinese automakers Geely and BYD to produce cars in Latin America as U.S. tariffs fuel trade and economic uncertainties, two people with knowledge of the matter …
How Trump’s tariffs could fuel China’s AI push and become a soft-power nightmare for American tech
President Trump’s tariffs could inadvertently deliver a “massive gift” to China by allowing it to catch up in the AI race and court new partners globally, Adam Thierer, a senior fellow at center-right think tank…
Trump’s tariffs: How top products from China will be impacted
Everyday items will likely be impacted as well, with the Footwear Distributors and Retailers of America estimating the price of an average pair of boots made in China will increase by $38. The average …
Intel CEO Lip-Bu Tan’s wide-ranging investments in China
Intel CEO Lip-Bu Tan has made hundreds of investments in Chinese companies over decades through Walden International, the San Francisco venture capital firm he founded in 1987, and two Hong Kong-based holding companies.
How Trump’s trade war with China will hit tech prices
President Trump’s escalating trade war with China is putting a spotlight on the various technology companies and products poised to feel the ripple effects of the ongoing conflict. The …
China ‘bans’ export to these US technology companies starting April 10 to ‘safeguard national security and interests’
US and China trade war continues. In the latest salvo, the US has added 12 American companies to its banned export list. This means that the export of …
US, China trade war exposes tech vulnerabilities
Technology Technology The Big Story Tech firms vulnerable in escalating China trade war President Trump’s escalating trade war with China is putting a spotlight on the …
Surprising China news sends Nvidia stock surging
The stock market got a much-needed spark today when President Trump announced he would pause reciprocal tariffs for 90 days, during which a 10% baseline tariff on imports would apply. The news sent the S&P…
China’s AI innovation is ‘accelerating’ but US remains dominant, White House says
EXCLUSIVE: The speed of China’s innovation in the artificial intelligence space is “accelerating,” director of the White House Office of Science and Technology Michael Kratsios told Fox News Digital but maintained that the United States’…
China Hits Back With 84% Tariffs on U.S. Goods, Bitcoin Drops to $76K
China escalates its trade war response with 84% tariffs on U.S. imports, triggering a sell-off that sends Bitcoin below $76,000.