Tesla China told the Global Times on Friday that media reports claiming that Tesla is considering selling its China business to pave the way for a potential SpaceX merger is fake news. Notably, on the…
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Robotic Riposte: Beijing Threatens Retaliation for US Ban on Imported Androids
China dominates humanoid robotics, with Interact Analysis finding Chinese companies make up 90% of global android shipments.
China’s Xi urges deeper anti-graft fight in military, modernisation advance
BEIJING, July 31 (Reuters) – China’s President Xi Jinping urged senior leaders of the ruling Communist Party on Friday to deepen the fight against corruption in the military and to advance the …
Fauci’s diary details blooming outrage toward ‘far right,’ softness toward Biden and China
Dr. Anthony Fauci increasingly railed against “far right” critics of his approach to COVID-19 issues while describing strong support from the Biden White House in his pandemic-era diary, which was …
China rolls out its crime-fighting ball to chase down criminals
A Chinese company has developed a spherical, 276-pound law enforcement robot that has been chasing down criminals at impressive speeds.
US bars imports from 43 more companies over China’s alleged forced labor involving Uyghurs
By Karen Freifeld WASHINGTON, July 31 (Reuters) – The United States on Friday banned imports from 43 more companies over alleged human rights abuses of the Uyghurs, including Hunan Aihua Group, one of …
China May Be Increasing Its Demand for Oil Imports
China cut its oil imports by a third and stopped exporting refined products from its refineries, instead using some of its enormous oil reserves. Its huge oil reserves have barely been tapped so far, …
Chipmaker CXMT’s 466% market debut surge makes it the most valuable China-listed company
The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share.
How Big Is Tesla’s China Business, Anyway?
Some Tesla executives have been told to prepare for a separation of the automaker’s China business ahead of a potential merger with SpaceX, the Journal reports. The China business brought in $8.86 billion of sales…
Musk dismisses report of Tesla’s potential China business sale
July 30 (Reuters) – Elon Musk dismissed as “fake news” a report that executives at his electric vehicle company Tesla have been told to prepare for a separation of its China business ahead of a…
After a blockbuster IPO, can China’s memory chipmaker CXMT compete globally in the AI era?
Analysts said memory chips are China’s most realistic opportunity to narrow the semiconductor gap. Read more at straitstimes.com. Read more at straitstimes.com.
Fast-fashion retailer Shein’s 3-year IPO odyssey may have cost it the ‘golden time’ to go public
Investors are questioning whether Beijing’s blessing can carry a $40-billion-plus valuation for a clothing retailer whose growth engine is stalling.
Tesla Weighs China Unit Sale Ahead of SpaceX Deal, WSJ Says
Tesla Inc. is weighing a potential separation of its China business to pave the way for a possible merger with SpaceX, the Wall Street Journal reported.
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