Foshan Haitian raised HK$10.13 billion in the stock offering, equivalent to US$1.29 billion, making it one of the biggest IPOs in Hong Kong so far this year. Cornerstone investors included …
Tagged By beijing
David Sacks says overly strict US export controls may backfire because China’s AI models are just ‘months behind’
January’s DeepSeek launch challenged assumptions that Chinese AI models were years behind the US, David Sacks said.
Taiwan pursues homegrown Chinese spies as Beijing’s influence grows
Taiwan is vetting hundreds of thousands of military service members, public school teachers and civil servants in a bid to root out potential homegrown Chinese sympathisers, as Beijing intensifies …
Trump’s Envoy to China Calls Out Threat of Foreign Supply Chains
The US wants to revamp its trading relationship with China and the world by bringing many critical supply chains back onshore, the American ambassador to Beijing said.
Taiwanese entrepreneurs in China feel heat from cross-Strait tensions
Bustling Taipei-style shopping streets, majestic temples to the island’s deities and thriving factories dot the eastern Chinese city of Kunshan. For years, Kunshan has been a hub for Taiwanese …
US, China collaboration vital for global supply chains
The global supply chain is also heavily reliant on Chinese companies for the manufacturing of ships, ceramics and textiles as China is the world’s biggest exporter of these products, data from the …
Riding AI uptrend, humanoid robotics taking a leap in Beijing
In March, the Beijing Innovation Center of Humanoid Robotics unveiled Huisi Kaiwu, the world’s first universal embodied intelligence platform designed to support multibody and multi-scenario …
David Sacks said China is only months behind the US in AI, not years, despite export bans
David Sacks, who leads crypto and AI policy under President Donald Trump’s White House, warned on Wednesday that China is no longer playing catch-up. During an interview with Bloomberg Television, …
China to expand digital yuan globally and develop a multi-polar global currency system
The head of China’s central bank has sworn to expand the international use of the digital yuan. He also called for the development of a multi-polar global currency system, in which more than one …
China’s Property Crash Isn’t Over — Why Investors Should Brace for What’s Next
China’s housing market just clocked its worst monthly price drop since October. New-home prices in 70 cities slipped 0.22% in May, while used-home prices dropped 0.5%the sharpest fall in eight months.
Trump Adviser David Sacks Says China Adept at Evading Chip Curbs
White House crypto and artificial intelligence czar David Sacks warned that China has grown adept at evading US export controls and is at most two years behind American semiconductor design …
ECB’s Panetta says EU a victim of US efforts to distance Russia from China
The United States’ “confrontational” trade stance towards Europe is a consequence of U.S. efforts to give Russia a seat in international forums and weaken its ties with China, a top European Central Bank policymaker said…
A river overflows in southern China, stranding people and turning streets into canals
Rescue workers are using rubber dinghies to evacuate people and deliver food and water after floodwaters overwhelmed towns in southern China’s Guangdong province
