China South City on Monday became the first state-backed property developer to get a liquidation order from the Hong Kong High Court since the Chinese property sector tipped into a debt …
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China urges reopening of Strait of Hormuz as Iran and US exchange strikes
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State-backed developer China South City gets liquidation order
Top cities signal easing to support property market
Experts said the nation’s four first-tier cities — Beijing, Shanghai, Guangzhou and Shenzhen — will lead the market stabilization and bottoming-out process.
Killer robots, China and Peter Thiel: Ted Cruz’s campaign to keep government out of AI
The Texas Republican has repeatedly blocked bipartisan efforts to put safeguards on the AI sector, despite warnings of societal risks.
China’s Engineers May Have Just Removed the Final Barrier to 1,000 KM/H Maglev Trains That Will Make Flights Obsolete
Researchers in China say they have found a way to eliminate one of the biggest obstacles facing magnetic levitation (maglev) trains traveling at extreme speeds — the deafening “tunnel boom.” If confirmed at scale,
China bans Spanish poultry imports due to bird flu
China has banned imports of poultry and related products from Spain over an avian influenza outbreak, China’s customs administration said in a notice dated August 7 released on its website. Spain’s …
Nvidia, AMD to pay 15% of China chip sale revenue to U.S. government
Nvidia and AMD agreed to share 15% of their revenues from chip sales to China with the U.S. government, a U.S. government official has confirmed. President Donald Trump’s administration had halted the sale of advanced…
Dollar firms ahead of US inflation report, US-China tariff deadline
The U.S. dollar edged higher across the board on Monday, a day before the deadline for Washington and Beijing to strike a tariff deal and the release of a U.S. inflation report that could help…
Pay-to-Play? Trump Slaps 15% “Export Tax” on Big Tech’s China AI Chips
The Trump administration has forced Nvidia and AMD to share their profits in exchange for access to the lucrative Chinese market, creating a radical new playbook for the U.S. tech war. For Nvidia and AMD,
Hong Kong, Shenzhen authorities arrest 12 in fake concert ticket bust
Authorities in Hong Kong and Shenzhen have arrested 12 individuals in a coordinated effort targeting the creation and distribution of fake concert …
10 years to the day, China’s big yuan devaluation set off shock waves – what has changed?
Lessons from the past, and an eye on the yuan’s globalisation, have helped shape a decade-long shift towards mostly market-based pricing for China’s currency.
Nvidia and AMD will give US 15% of China sales. But Chinese state media warns about their chips
Nvidia and AMD have agreed to pay the US government 15% of their revenues from semiconductor sales to China in exchange for export licenses, an unprecedented quid pro quo arrangement aimed at …
Nvidia, AMD may sell high-end AI chips to China if they pay US a cut
The global AI chip race narrative used to be about U.S. national security, but apparently now it’s about tariffs: Nvidia and AMD have agreed to pay the U.S. government 15% of the revenue they make…
The US is taking a cut from chip sales to China – what does it mean?
In a rare move, major chipmaking firms will give the US government 15% of profits from the sale of some advanced semiconductors in China.
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