China appointed a new top international trade negotiator amid tariff tensions with the U.S. The government said Wednesday that Li Chenggang has been appointed to replace Wang Shouwen, who participated in the trade negotiations for…
Tagged By crypto
China weighs options for managing seized criminal crypto cache
China is currently deliberating on managing and dealing with the billions of dollars in cryptocurrency confiscated due to illicit activities. Though trading in crypto is nationally banned in China, …
China beat growth expectations in first quarter of 2025, but US tariffs dim outlook
China beat forecasts for Q1, but the outlook for the remainder of 2025 remains uncertain as Beijing braces for the impact of hefty U.S. tariffs.
Xiechuang Data Won the Centralised Procurement Project for Computing Power Services of China Unicom.
According to Xunchuang Data, Xunchuang Data recently jointly won the bid for the “2025-2028 Computing Power Service Concentrated Procurement Project of China Unicom (Yunnan) Industrial Internet Co., …
Think tank reports unveiled at WIC Asia-Pacific Summit
Eight participating institutions under the World Internet Conference (WIC) Think Tank Cooperation Program released a series of reports at the three sub-forums of the WIC Asia-Pacific Summit held in …
Zhipu AI Kicks Off IPO Race as OpenAI Tightens Global Lead with GPT-4.1
Zhipu’s open-source ChatGLM series has been downloaded over 30 million times globally, with 150,000+ GitHub stars. The Qingyan AI assistant app has over 25 million users and strong commercial adoption …
US issues export licensing requirements for Nvidia, AMD chips to China
The U.S. Commerce Department said on Tuesday it was issuing new export licensing requirements for Nvidia’s H20, AMD’s MI308 artificial intelligence chips, as well as their equivalents, to China.
Nvidia to record $5.5 billion in charges due to U.S. export ban on its H20 chip for China
Nvidia Corp.’s shares were tumbling in after-hours trading Tuesday, after the chip giant disclosed in a regulatory filing that it expects to include charges of up to $5.5 billion in its fiscal first …
China Girds for Economic Stress of Trump’s Tariffs
The economy grew steadily from January through March, but U.S. tariffs pose a risk for China in the coming weeks and months.
Stock market today: Dow, S&P 500, Nasdaq futures fall as Nvidia reveals costly limits on China exports
US stock futures fell after Nvidia revealed costly new curbs on chip exports to China, and investors grappled with uncertainty over President Trump’s trade policy.
Nvidia Says U.S. Will Restrict Sales of More of Its A.I. Chips to China
The restrictions are the first major limits the Trump administration has put on semiconductor sales outside the United States, toughening rules created by the Biden administration.
Nvidia to take up to $5.5 billion sales hit as US regulates sales of H20 chip in China
Nvidia on Tuesday said it would take $5.5 billion in charges after the U.S. government said it would require licenses for exports to China of its H20 microchip, which has been one of its most…
Nvidia expects $5.5bn hit as US tightens chip export rules to China
The chip manufacturing giant, which has been at the heart of the AI boom, will require licences to export its H20 AI chip to China.
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