As tensions escalate between the U.S. and China, new investment restrictions target critical technologies like AI and semiconductors.
TECHNOLOGY
China sells world’s fastest 60kW laser cutter to anonymous US buyer
A China-developed 60kW laser cutter, hailed as the fastest of its kind, has been sold to an unnamed US buyer in the first export of such high-powered technology.
Baidu, Alibaba, Tencent execs among Big Tech members on new China AI standards committee
Professionals and intellectuals from state-owned telecommunications carriers China Unicom, China Telecom and China Mobile, as well as from Peking University and Tsinghua University, also make up the …
China Market Update: Central Economic Work Conference Release Highlights Domestic Consumption Revival
Asian equities were largely higher overnight, as Hong Kong, South Korea, and Pakistan (+85% YTD) outperformed.
Biden administration inks renewed science cooperation deal with China; Republicans cry foul
The United States and China signed a renewed science cooperation agreement on Friday, the State Department said, this time with “robust national security guardrails,” despite objections from Republicans who argue the decision should have been…
China to provide additional scholarships for Vietnamese students
China said it would grant additional scholarships to Vietnamese university students, especially those in science and technology fields and those in top schools.
Baidu, Alibaba, Tencent executives among Big Tech members on new China AI standards committee
The committee marks a major milestone after MIIT and other government agencies announced plans for 50 sets of AI standards by 2026 China’s Ministry of Industry and Information Technology (MIIT) on …
HKBN Shares Jump After China Mobile Makes $882 Million Offer
China Mobile Ltd. has made a takeover bid for Hong Kong broadband provider HKBN Ltd. valuing the company at about HK$6.86 billion ($882 million), pushing forward with a formal offer against the …
China 5G base station count continues climb
China Mobile claimed its 5G base station count of some 2.4 million accounts for one-third of the global total, with rival China Unicom close behind with 2.2 million, C114.net reported. Speaking at the …
China sets up AI standards committee as global tech race intensifies
China’s industry ministry will set up an artificial intelligence standardisation technical committee focusing on developing industry standards in areas such as large language models and AI risk …
Trump says the U.S. is going to do ‘something great with crypto’
President-elect Donald Trump said the U.S. is going to become the global leader for cryptocurrency in his upcoming term. “We’re gonna do something great with crypto because we don’t want China, or …
China Market Update: Central Economic Work Conference (CEWC) Release Highlights Domestic Consumption Revival: Deep Dive
Asian equities were largely higher overnight, as Hong Kong, South Korea, and Pakistan (+85% YTD) outperformed.
El Salvador Scales Back Crypto Mandate Under IMF Pressure — Partners With Argentina on Regulation
El Salvador is on the verge of securing a $1.3 billion International Monetary Fund loan. The deal involves revising its Bitcoin law to make its …
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