Meanwhile, the Invesco China Technology ETF (NYSEARCA:CQQQ) lost 24.5% and 30.1% over the same time frame. Lastly, the newer iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) only debuted in 2022, …
TECHNOLOGY
The Netherlands Joins US Effort To Deny China Semiconductor Technology
The Netherlands is the latest country to reveal plans to ban the export of semiconductor technology to China based on national security. The move is significant because it cuts access to essential …
Postal Bank Gains After China Mobile Buys $6.5 Billion Stake
rose in Shanghai trading after China Mobile Ltd. agreed to buy a stake worth 45 billion yuan ($6.5 billion) in the company. Postal Savings Bank’s yuan-denominated A shares rose as much as 4.3% early …
China Unicom to launch early 6G applications by 2025: Report
China Mobile, China Telecom and China Unicom have all been reported to be involved in early 6G research and development …
Activision’s descision to pull out of China stemmed from a comment that was lost in translation
Both Tencent and ByteDance, the parent company of TikTok, have previously expressed interest in collaborating. Activision is also contemplating partnerships with telecommunications companies, such as …
FCC proposes rules to reassess foreign-owned US telecom services authority
The FCC in January 2022 voted to revoke the authorization for China Unicom’s U.S. unit to operate in the United States, citing national security concerns. Content is loading …
Musk’s proposed AI pause means China would ‘race’ past US with ‘most powerful’ tech, expert says
Elon Musk’s proposed temporary halt in AI development would give China the freedom to surpass the U.S. and … “We need artificial intelligence to automate and manage so much of the existing …
In China, dreams of chatbots revolutionising sector are driving frenzied tech rally
Still, with China’s government supportive of technology development, some think winners will eventually emerge, even if there is a washout in the market first. “Most companies that surged in the …
Alibaba’s $32 billion day signals breakups for China tech
China’s online commerce leader surprised markets by announcing … The division had consistently been Alibaba’s fastest-growing, and now also leads its effort to develop technology such as the …
U.S.-China tech rivalry will continue to put Chinese firms under intense scrutiny
Huawei and China Telecom have built undersea cable networks across the world. The U.S. and China are vying for technology dominance “because of that fundamental internet infrastructure,” according to …
Alibaba’s breakup plan lifts hopes China’s tech crackdown is ending
Alibaba said on Tuesday it was planning to split into six units and explore fundraisings or listings for most of them, in the biggest restructuring of the technology conglomerate … the large …
China tackles chip talent shortage with new courses, higher pay
SHANGHAI, March 29 (Reuters) – China is ramping up efforts to develop home-grown semiconductor talent as it seeks to rapidly fill a shortage of expertise that has been made worse by U.S. efforts to …
China ends 2022 with 1.84 billion cellular IoT connections: GSMA
China will account for 67% of global IoT connections in 2030, while Europe and the U.S. will jointly account for 21% …
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