After strongly discouraging tech companies from buying Nivdia’s AI chips in August, the country is now banning the practice outright.
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Nvidia shares drop, China tech surges as Beijing tries to push homegrown AI chips
China’s top internet regulator has reportedly asked tech firms to stop using Nvidia’s chips, deeming that local alternatives are good enough to compete.
China allows American banker placed under exit ban to leave country following discussions with US
A Wells Fargo executive who was banned from leaving China has been allowed to exit the country, a source familiar with the matter told CNN Wednesday.
China bans Nvidia chip purchases for tech companies, FT reports
China has reportedly banned firms from buying Nvidia (NVDA) products, according to reporting from the Financial Times. Yahoo Finance Senior Reporter Allie Canal outlines the details. Check out Yahoo …
Nvidia Stock Drops on Report China Has Banned Its Chips. What It Means for Investors.
China’s internet regulator told ByteDance and Alibaba to end testing and orders of Nvidia’s tailor-made products for the country., a media report said.
China tells tech firms to stop buying all of Nvidia’s AI chips, FT reports
China’s internet regulator has instructed the nation’s biggest technology firms to stop buying all of Nvidia’s artificial intelligence chips and terminate their existing orders, the Financial Times …
Nvidia broke antitrust law, China says on second day of U.S. trade talks
Beijing’s targeting of Nvidia, the American AI chip giant, ratcheted up tensions as negotiators for the two countries met for trade talks in Spain.
China tells tech firms to stop buying Nvidia’s AI chips: Report
China’s internet regulator has ordered top technology firms to halt purchases of Nvidia artificial intelligence chips and cancel existing orders as part of a broader push to cut reliance on US …
China’s January-August fiscal revenue up 0.3% y/y
China’s fiscal revenue increased 0.3% in the first eight months of 2025 from a year earlier after a 0.1% gain in the January-July period, finance ministry data showed on Wednesday.
Hong Kong leader unveils plans to boost economy and nurture emerging industries beyond finance
Hong Kong’s leader has announced plans to accelerate the development of an economic hub near its border with mainland China …
China’s delayed payments fuel UN funding crisis
China is delaying the settlement of annual dues it owes to the UN later and later each year, exacerbating a funding crisis at the global body.
US wins release of Wells Fargo banker barred from leaving China, sources say
A Wells Fargo banker, Chenyue Mao, who had been barred from leaving China for several months, has been allowed to return to the United States following negotiations between U.S. and Chinese officials, …
China’s Baidu sees shares soar 12% as company secures major AI partnership, eyes fresh capital
Chinese tech giant Baidu saw its shares jump over 12% amid signs the company is ramping up its artificial intelligence plans and partnerships.