Nvidia – the world’s leading chipmaker – had previously been banned from selling its most advanced chips to China, before Trump reversed the ban in July. Nvidia has to pay 15% of its Chinese revenues…
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China’s NEV Sales Hit 1.395 Million in August, Up 26.8% Year-on-Year
China sold 1.395 million new energy vehicles (NEVs) in August, a 26.8% increase from a year earlier, according to the China Association of Automobile …
From subsidies to surplus: How China’s car boom spiralled into oversupply
Inside China’s spiralling auto industry crisis is the problem of surplus. Factories are churning out more cars than buyers want, leading to heavy discounts and abandoned vehicles …
China Orders Local Firms to Halt Purchases of Nvidia AI Chips
China’s internet regulator has instructed major domestic technology companies to stop buying chips from Nvidia (NASDAQ:NVDA), the semiconductor leader favored in artificial intelligence, according to …
See How China Is Dominating the Global EV Market
Made-in-China electric vehicles can cost thousands of dollars less than U.S. or European models and now make up more than half of global sales.
China Converts Coal into Oil, Gas, and Chemicals
China is converting millions of tons of coal into oil and natural gas, and chemicals for plastics production every …
Chinese start-up breaks US monopoly in 3D imaging of biomolecules, aims for IPO in 2027
Shuimu BioSciences, a Chinese start-up specialising in advanced imaging devices for viruses and smaller biomolecules, is aiming for an initial public offering in 2027 after selling its first …
DLA Piper Advises on HKEX IPO of 160 Health International Limited
DLA Piper has advised on 160 Health’s HKEX IPO, raising HKD 400M and marking a milestone in China’s digital healthcare sector.
Chery Seeks to Raise Up to $1.2 Billion in Hong Kong IPO
The Chinese automaker joins a wave of companies rushing to list in Hong Kong, which is the top IPO destination so far this year.
China spotlights major data centre project using domestic chips
China Unicom has built a massive data centre powered by domestically developed artificial intelligence chips from Alibaba and other companies, state broadcaster CCTV said, as Beijing seeks to wean itself off foreign technologies.
China Unicom’s Cloud Xi AI Innovation Tour Surges in Hangzhou: Voice Large Models Drive a New Wave of Intelligent Industry
On September 10, China Unicom’s “Cloud Xi AI Innovation Tour” held its second stop in Hangzhou at the West Investment Cloud City Xi Valley. This event continues the theme of “Together, Co-create, Smart Sharing” and…
China’s Chery Auto launches up to $1.5 billion Hong Kong IPO
Chery joins the barrage of Chinese firms going public in Hong Kong, where listing proceeds have soared to a four-year high. Read more at straitstimes.com. Read more at straitstimes.com.
Europe’s Top Business Lobby in China Urges End to Price Wars
Europe’s top business lobby in China urged Beijing to address price wars and unsustainable competition as the country readies its next five-year plan — adding to pressure from the US over the matter.
