Chinese semiconductor design firm Kunlunxin, which is backed by Baidu , said it had won chip orders worth over a billion yuan ($139 million) for telecoms firm China Mobile’s AI projects, as …
Tagged By blockchain
China stablecoin push is better late than never
Beijing may be mulling plans to boost internationalisation of the country’s currency via yuan-backed tokens in Hong Kong. Use cases will probably be scant at first, and the roll-out tightly managed.
Baidu-backed chip designer Kunlunxin wins millions of China Mobile orders
Semiconductor design firm Kunlunxin has won chip orders worth millions of yuan from telecoms firm China Mobile AI projects.
Stablecoins in Japan and China, India mulls crypto tax changes: Asia Express
India imposes one of the world’s harshest crypto tax regimes: a flat 30% levy on capital gains and a 1% tax deducted at source (TDS) on all transactions. Authorities have long taken a hostile stance…
China reportedly discouraged purchase of NVIDIA AI chips due to ‘insulting’ Lutnick statements
Chinese regulators reportedly dissuaded local companies from purchasing NVIDIA’s H20 chips, because they found certain statements by US commerce secretary Howard Lutnick “insulting.”
China’s J-35A: The Stealth Fighter No Air Force Wants to Buy
Despite being heavily promoted as an affordable and highly capable stealth fighter, China’s Shenyang J-35A has failed to secure any foreign buyers, not even from longtime allies like Pakistan. -The aircraft is advertised as a…
US Policy Group Says China Is Scared of USD Stablecoins
CFR warns USD stablecoins threaten China’s sovereignty, prompting Beijing to develop state-controlled digital alternatives.
China Now Downplaying Blockchain Could Be Social … – Cointelegraph
But in China, many projects are still money-making schemes. These projects are sprouting all over China, trying to ride on the blockchain wave. But nothing substantial comes out of these projects.” …
China Eases on Stablecoins: Which Chinese Blockchain Could Power the Ambitions?
China explores stablecoin options, with Hong Kong as a testing ground. Blockchain platforms like Conflux and Chainmaker can support the plan.
HKEX Set to Ride on Renewed Global Appetite for China, CEO Says
Hong Kong bourse Chief Executive Officer Bonnie Chan is upbeat that the return of international investors will help sustain momentum amid a boom in listings and trading.
China’s Rare-Earth Magnet Exports to US Hit Six-Month High After Trade Deal
China’s flows of rare-earth magnets to the US continued to recover in July — with volumes rising 76% month-on-month — after Beijing agreed to normalize exports as part of its trade truce with …
China ‘suspends’ buying US soyabean, opts for costlier Brazilian produce
China halts US soyabean purchases, opts for Brazil at higher prices. US farmers face 48% export drop risk as trade dispute deepens.
A shipbuilding behemoth is rising in China. By scale, nothing else comes close.
The merger helps China consolidate its shipbuilding and centralize government control, putting it in a position to continue dominating the market.
