The plan comes just weeks after the Hangzhou-based company, which drew global attention with its low-cost AI models in 2025, raised about $7.4 billion in June a post-money valuation of about 450 billion yuan,
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China’s premier welcomes US firms to expand in China, urges Washington to address Beijing’s concerns
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China’s DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPO
Robot decapitated in world’s first-ever humanoid UFC fight
A humanoid robot lost its head during the world’s first free-combat tournament for full-sized humanoid robots in Shenzhen, China.
Rescuers race to find survivors in the rain after a landslide in China kills at least 8
Rescue crews are racing against the clock to find survivors after a landslide in the southwestern Chinese city of Chongqing killed at least eight people and left 34 missing.
China’s oil imports have plunged during the Iran war. How much will they recover?
BEIJING – For five years, China imported an average of 11.5 million barrels of oil per day. Since April, it has averaged just eight million bpd.The speed at which China has slashed imports – shipments…
Trump spares Beijing in probe of alleged Chinese election plot
Trump accused Beijing of “the largest compromise of election data in history” that included efforts to produce “illegal ballots for Joe Biden .” Those moves were part of a plot to ensure he lost the…
Trump alleged China took US election data. Its leader is still planning for a lavish state visit to the US
Ordinarily, a claim like the one President Donald Trump leveled at China in prime time this week might herald a major rupture in ties with Beijing.
Trump says China seized 220 million voter files. What the documents say
The president said China ‘fought like hell not to have a Donald Trump win.’ A USA TODAY review of declassified records tells a different story.
China wants to replace the dollar. Clarity can stop that
Last year’s GENIUS Act meant that stablecoins could be at home in any regulated institution. The dollar got a software upgrade. Now, Congress must finish the second part of the crypto rulebook by …
Hong Kong exchange returns IPO application sponsored by top Chinese investment bank
Inner Mongolia Xingye Silver & Tin Mining says it plans to resubmit application before end of September The Hong Kong stock exchange has returned an IPO application sponsored by China’s leading …
China’s Latest A.I. Breakthrough Threatens America’s Lead
China’s Moonshot AI unveiled a freely available artificial intelligence model that seemed to narrow the gap with cutting-edge offerings from U.S. tech companies.
US restores preferential trade privileges for Hong Kong, drawing thanks from China
The United States confirmed Friday that it will not renew an executive order that revoked Hong Kong’s special trading status. The decision comes after China signaled that the city’s preferential …
CXMT IPO draws 212× oversubscription: What China’s DRAM bet gets right and wrong
CXMT IPO drew 212× oversubscription from 9.4 million investors, making it Asia’s largest semiconductor listing of 2026 at $9.8 billion — but a minority-interest accounting gap, a two-generation …
Air China and Shenzhen Airlines order 55 Airbus jets for $12.4B
Air China will take 15 wide-body A350-900s while its unit Shenzhen Airlines buys 40 narrow-body A320neo jets, with deliveries running through 2032 …
