WeChat hackers use victims’ friends to steal crypto. South Korean exchange Korbit denies hack after 12-hour maintenance.
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China recommits to global expansion of digital yuan amid the stablecoin mania
The head of China’s central bank has sworn to expand the international use of the digital yuan as other nations switch to stablecoins away from CBDCs.
FCC says it could fine China Mobile for failure to cooperate amid ongoing probe
The Federal Communications Commission (FCC) has warned China Mobile that it faces a fine unless the company cooperates with the agency’s investigation into its US operations. In a citation and order …
How China’s Navy Just Got Closer to Its 2035 Naval Plan
The construction of China’s “Type 003” aircraft carrier puts Beijing on track to have six carriers by 2035—giving it the strength to go toe-to-toe with the US Navy.
AI livestreamers blow human hosts out of the water in $7.65M Baidu broadcast in China
Baidu hosted a livestream event featuring AI-generated digital avatars—including a perfect digital double of China’s top livestreamer, Luo Yonghao.
David Sacks ‘warns’ US, says DeepSeek ‘proof’ China can advance AI chips despite restrictions
White House AI and crypto czar David Sacks warns that strict US chip export rules risk weakening America’s tech dominance and boosting Chinese rivals. He highlights the rapid progress of Chinese AI, …
Haier Ranks First in Industry on the Top 50 2025 Chinese Global Brand Builders List, Maintains Top 10 Position for 9 Consecutive Years
Haier has once again secured the top position in the home appliance category on the prestigious Top 50 2025 Chinese Global Brand Builders List, jointly released by Google and Kantar BrandZ. This marks …
China soy sauce maker rises on Hong Kong debut
Shares in China’s top soy sauce maker Foshan Haitian ended slightly higher on its debut on Thursday (Jun 19) after raising US$1.3 billion in one of Hong Kong’s biggest initial public offerings (IPO) …
China learned a valuable lesson in US trade talks: the value of its leverage
US President Donald Trump may have touted the latest trade deal between the US and China as a win for America. But it’s Chinese leaders who have walked away with an extra spring in their…
China’s 618 shopping fest sets record, but daily spending slips
China’s largest mid-year shopping festival, 618, ended on Wednesday with record sales, though daily spending dropped amid an extended sales period aimed at enticing consumers to part with more of …
Build a Prosperous F5.5G All-Optical Network Industry for New Growth in the AI Era
During MWC Shanghai 2025, the F5.5G All-Optical Industry Summit was successfully held. At the summit, the booming F5.5G industry was a key topic of discussion among the Information and Communication …
Complete the 5G journey, says GSMA chief at MWC Shanghai
The GSMA executive also stressed that AI is also becoming a core telecom driver, stating that telecom networks are key enablers of AI.
Global IPO activity slumps in 2025 as tariffs, volatility weigh
Global equity IPOs have plunged this year, weighed down by heightened business uncertainty from U.S. tariffs, elevated market volatility and higher interest rates that have raised funding costs and …