China’s monthly gold imports reached their highest in more than two years in May, as the world’s biggest buyer continued to show a strong appetite for bullion.
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Big Take Asia: China’s Xiaohongshu Preps for IPO
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world …
China takes back top spot in latest supercomputer ranking
China took the supercomputer crown by relying on CPUs and not GPUs like other models.
China Crypto: PBOC’s Crypto Crackdown and Xiaowei Signal China’s Digital Future
China delivered a two-part signal to the crypto market this week: Tencent began testing Xiaowei, a native AI agent embedded in WeChat’s 1.4 billion-user platform, while the PBOC (People’s Bank of …
ASML (NasdaqGS:ASML) Denies China EUV Export Allegations As Scrutiny Builds
ASML Holding (NasdaqGS:ASML) has firmly denied accusations that its advanced EUV lithography systems were exported to China in breach of export controls. The company reiterated its commitment to complying with all US and international regulations…
RCAT stock heads for worst month this year: China’s new export restrictions raise fresh supply chain fears
China’s export restrictions, supply-chain pressures, and share dilution concerns weigh on Red Cat stock.
Athleisure brand Vuori targets China in global retail push
The retailer, known for its jogger pants, is looking to snag market share in Asia from rivals like Lululemon and Alo Yoga.
China beats US with world’s fastest supercomputer, but race not geared for AI work
By Stephen Nellis SAN FRANCISCO, June 23 (Reuters) – China has overtaken the U.S. to win the top spot on a list of the world’s fastest supercomputers, but the results may say more about Beijing’s…
China’s EV brands have Europe’s luxury marques in their sights: Zeekr executive
Zeekr vice-president Mars Chen says Chinese carmakers have edge in meeting demand for electric luxury cars Luxury electric vehicle (EV) brands from China are poised to enter the same elite tier as …
China’s Momenta plans to launch Hong Kong IPO next week, source says
HONG KONG, June 23 (Reuters) – Chinese autonomous driving developer Momenta is planning to launch its Hong Kong initial public offering as early as next Monday, said a source with knowledge of the …
MP Materials (MP) Faces Fresh China Export Controls As Rare Earth Focus Grows
China has added MP Materials (NYSE:MP) to its export-control list, signaling closer scrutiny of the company’s rare earth shipments. The move highlights MP Materials’ role in supplying key inputs for …
Reshaping Tongxiang’s digital landscape
This massive localized computing power is the strongest brain behind Tongxiang’s vehicle-road-cloud integrated city-level management service platform. Initiated by five ministries, this pilot project …
China’s Gold Imports Surge to Most in More Than Two Years
China’s monthly gold imports reached their highest in more than two years in May, showing the world’s biggest buyer’s appetite for bullion remained resilient as prices remained under pressure.