China’s Baidu and electric vehicle battery giant CATL will jointly explore the development of “competitive” driverless vehicles and innovative business models, the companies said on Thursday.
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Trump’s Harsh Tariffs on China Could Backfire on the US Economy
The US government has been placing heavy tariffs on goods coming from China for several years now. These extra taxes on imports started during Trump’s first term as president and were largely …
Hedge funds bet on turnaround in unloved China property sector
Some large hedge funds and investors are accumulating long-shunned China property stocks at low prices, anticipating lucrative returns when the sector recovers from its prolonged crisis.
Contract drug makers urge govt to ease rules, reduce reliance on China
India’s contract drug makers have urged the government to remove regulatory hurdles and grant faster clearance to vital raw material imports at a time when many global pharmaceutical firms are …
China urges US to halt tariff probe into copper imports
China’s commerce ministry on Thursday urged the United States to halt its tariff probe into copper imports as soon as possible, vowing to resolutely oppose it if U.S. goes ahead with the action.
CHINA UNICOM, ZTE Sink 6%+ Amid Notable Downtrend in CN Telecoms
Today (27th), the HSI surged past the 24,000 psychological mark before retreating amid pressure. Chinese telecom stocks faced hefty selling pressure. CHINA UNICOM (00762.HK) opened higher at $10.16 …
China declassifies tech of world’s first high orbit radar satellite, worrying US
Disclosures about surveillance satellite Ludi Tance 4-01confirm numerous breakthroughs in sensitive, electronic warfare-related technology After 18 months of eye-in-the-sky secrecy, Chinese scientists …
National high-tech zones host two-thirds of China’s unicorn firms
The country’s 178 national high-tech industrial development zones were home to approximately 67 percent of China’s unicorn firms by the end of 2024, the ministry told a press conference on Wednesday.
HKEX Profit, Revenue Hit Quarterly Highs as IPO, Market Sentiment Pick Up
The stock-exchange operator said Thursday that net profit reached a fourth-quarter high of 3.78 billion Hong Kong dollars, beating market expectations.
China puts the breaks on US stock listings for homegrown companies
Beijing’s securities regulator concerned about US IPOs of companies with small capitalisation and weak fundamentals …
Iron ore falters on higher imports, Chinese steel export concerns
Iron ore futures prices dropped more than 1% on Thursday, pressured by escalating tariff measures against Chinese steel and an increase in iron ore imports into top consumer China. The most-traded May …
Deepseek launches China as big AI player: Wedbush’s Dan Ives
Dan Ives, Global Head of Technology Research at Wedbush Securities, talks about how Deepseek has transformed China’s role in the global AI revolution, where Alibaba fits into it, and the new ‘arms war …
Nvidia CEO says AI innovations like China’s Deepseek show how ‘software finds a way’ amid US export controls
Nvidia CEO Jensen Huang told CNBC that US export controls on China have hurt his business, but Chinese companies will find ways to innovate.
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