China’s President Xi Jinping made a congratulatory call on Thursday to incoming European Council President Antonio Costa, Chinese state media said, a few hours before European Commission curbs on …
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China leads the patents race for generative AI, with Tencent and Baidu topping the list
China filed more than 38,000 of generative AI patents between 2014 to 2023, a new United Nations report on Thursday showed.
DWF Labs launches $20M fund for Web3 projects in China
The platform enabled organizers and community owners to sell NFT passes for event participation in fiat and crypto, backed by its token-gated access infrastructure.
Xi’s China proves a hard sell as officials seek investments overseas
The delegations — which often feature business leaders — have also been driven by a desire to expand overseas amid sluggish demand at home. Chinese firms made $60.2 billion in foreign direct …
Hong Kong’s IPO market is finally starting to turn around, consulting firm EY says
The market for initial public offerings in Hong Kong is set to improve significantly over the next five years, said George Chan, global IPO leader at EY.
China’s Bosideng Shares Drop 15% After Billionaire Chairman Cuts Stake
Shares in China’s biggest home-grown down jacket maker Bosideng International plunged by more than 15% at the Hong Kong Stock Exchange on Wednesday after the company said billionaire chairman Gao Dekang would lower his holdings…
Russia’s frenemy China is quietly trying to dampen Putin’s influence
China has massively boosted its economic and political influence in Central Asia while Russia’s been distracted in Ukraine.
China needs export markets: Expert on US tariffs, election
Cornell University professor Eswar Prasad joins Market Domination to give insight into the potential for increased tariffs imposed on China from the US and what the US-China trade war could look like.
Nvidia Stock Is Down Again. Why AI Chip Exports to China Remain a Problem.
Nvidia stock reversed course Wednesday, heading into the green in late morning trading after starting the day in the red.Nvidia shares were rising 2.6% to $125.78. The stock closed down 1.3% on …
Germany stops planned sale of VW’s gas turbine business to China
Germany’s cabinet blocked the planned sale of the gas turbine business of Volkswagen unit MAN Energy Solutions to a Chinese company on Wednesday, with ministers citing security reasons. The decision …
Russian regulator encourages use of crypto to counter sanctions
Russia’s booming trade with China, India, the United Arab Emirates, Turkey and other countries which have not imposed sanctions has suffered major setbacks in the last few weeks. Recent Western …
China is the runaway leader in generative AI patent applications followed by the US, the UN says
The U.N. intellectual property agency says China has requested far more patents than any other country when it comes to generative AI, with the United States a distant second …
China and Russia are collaborating to develop an attack drone similar to Iran’s Shahed, European officials say
Russia has relied heavily on Iran’s Shahid drones to overwhelm Ukraine’s air defenses. Russia is collaborating with China to build its own version, European officials told Bloomberg. Companies started …
