Chinese AI startup MiniMax is emerging as a formidable competitor to DeepSeek, having recently launched breakthrough products, including the M1 reasoning model, which uses less than half the computing …
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China’s Tai’an Mining Equipment Accelerates ‘Going Global’
This is a report from the Shandong 0ffice of Hong Kong Business Daily. Recently, the ‘Vietnam China Shandong (Tai’an) Mining and Processing Technology Exhibition’ was held in Vietnam to assist mining …
World’s first artillery-fired drones by China strike targets 6 miles away in seconds
Five live-fire trials showed that the drones survived launch forces over 3,000 times their weight, comparable to the pressure of 35 adult African elephants standing on a human bod …
Stock Market Today: Nasdaq Falls After China Chip Scare; Crypto IPO Shoots Higher Again (Live Coverage)
Major stock indexes ceded early gains on the stock market today, but the session still served up plenty of strong movers.
Global IPO market hits nine-year low amid market volatility
As businesses struggle with growing interest rates, volatile markets, and unclear trade policies, initial public offerings (IPOs) have decreased globally to their lowest level in almost ten years. As …
Trump’s top tech expert warns US can’t get complacent in AI competition with China
Trump administration AI czar David Sacks warns America isn’t guaranteed to win a tech race with China, advocating for export controls while ensuring U.S. technology dominates globally.
China’s January-to-May fiscal revenue falls 0.3%
China’s fiscal revenue declined by 0.3% in the first five months of 2025 from a year earlier, finance ministry data showed on Friday, as global trade uncertainty intensified by U.S. tariffs weighed on …
‘If Middle East Is Unstable, World Will Not Be at Peace’: How China Views the Israel-Iran War
“If the Middle East is unstable, the world will not be at peace,” Chinese President Xi Jinping said Thursday. “If the conflict escalates further, not only will the conflicting parties suffer greater …
Why Iran War Hurts China More Than America
China’s energy imports are vulnerable as Iran’s conflict with Israel threatens to drag the United States into a war.
Labubu maker Pop Mart’s shares slide after China state media calls for stricter oversight of blind-box craze
Shares in Pop Mart International Group tumbled in Hong Kong trading after a Chinese state media commentary reignited regulatory concerns over the booming blind-box toy sector, triggering a sell-off in …
China’s rare earth magnet exports slump to five-year low in May
Chinese shipments of rare earth magnets saw a considerable drop in May, with shipments halving compared to April and touching their lowest level in more than five years. China shipped out 1,238 metric …
China’s Robot Maker Unitree Valued At $1.7 Billion In Series C Round
Unitree Robotics, a Hangzhou-based maker of humanoid robots completed series C funding this month that values the company at 12 billion yuan ($1.7 billion).
40 China J-35 Jets for Pak, India’s 5th Gen Decade Away: IAF Veterans Weigh In
China will reportedly supply 40 Shenyang J-35 fifth-generation stealth fighter jets to Pakistan. With the J-35 induction, Pakistan joins a small group of countries operating stealth technology.
