Alibaba, JD.com, Meituan have poured big money into subsidies for their food delivery services, eroding profits and rattling investors.
Tagged By crypto
Nvidia Awaits Rules on US Plan to Take 15% of China Sales
Nvidia CFO Colette Kress hasn’t seen a regulatory document to solidify the Trump administration’s deal to get a cut of chip sales in China.
Baidu-Backed Kunlunxin Lands $139M AI Chip Deal Amid China’s Nvidia Pivot
China Mobile also awarded contracts to a Huawei-linked firm using its CANN architecture, a CUDA equivalent. While developers still rely heavily on Nvidia’s ecosystem, Kunlunxin’s chips offer strong …
Eric Trump Calls China ‘a Hell of a Power’ in Digital Assets
Eric Trump, the son of US President Donald Trump, called China “a hell of a power” in crypto even though the nation has largely banned digital-token trading since 2021.
VALORANT Mobile debuts in China as sixth most-watched mobile game
VALORANT Mobile is off to a strong start in China, and was the sixth most viewed mobile game during its launch week.
China is Building The Tallest Bridge In The World
Discover the marvel of the Huajiang Grand Canyon Bridge in southwest China’s Guizhou Province, which is poised to become the world’s highest bridge. Slated for completion by June 2025, this …
“De minimis” U.S. tariffs exemption ends for low-value imports
An exemption that allowed low-value parcels shipped to the U.S. to avoid tariffs has ended, Trump administration officials say.
Welcome to the new ‘Made in China’ era — and it looks a lot different
Business Insider found that in New York City alone … based on an analysis of company websites and announcements. Despite the US-China trade war, they aren’t showing signs of pulling back. We zoomed …
China is Moving on Chinese Stablecoin: Is Conflux Crypto Pump Evidence of Smart Money Accumulation?
Finally, Bitcoin’s price remains stable above $112K as altcoins Numeraire (NMR) and Treehouse (TREE) crypto post strong double-digit gains. But they are not the only ones. Several altcoins are showing …
China property developer Seazen says it will explore real-world asset tokenization
HONG KONG (Reuters) -Chinese property developer Seazen Group is setting up an institute in Hong Kong to push forward real-world asset (RWA) tokenization, it said on Friday, a process that converts …
China’s big data expo in Guizhou opens new window for global cooperation as foreign firms seek digital economy opportunities
and blockchain to smart homes, smart business and intelligent manufacturing. Hanno Focken, managing director of Germany’s Catena-X Automotive Network, the first open data ecosystem for the automotive …
Eric Trump is impressed with China’s ‘hell of power’
“There’s no question that China is a hell of a power when it comes to this world … The Bitcoin advocate also praised his father’s second presidential term for the development of crypto policy in…
Eric Trump Stuns Bitcoin Asia: China Is ‘A Hell of a Power’ in Crypto, Despite Ban — What Does He Know?
Eric Trump praised China influence on Bitcoin, stating the country has made an “unbelievable mark” on cryptocurrencies.