The restrictions on US technology exports to China are encountering mounting opposition due to the growing financial losses of American companies and the burgeoning independent innovation capabilities of Chinese companies,
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China’s Qifu Technology Soars After Announcing Strong Q2 Earnings, Higher Dividends, Board Change
(Yicai) Aug. 15 — Shares of Qifu Technology surged after the Chinese credit technology platform released its second-quarter financial report, which unveiled strong earnings, as well as a board change …
China threatens trade war with EV dominance
China’s rise to dominance in the electric vehicle sector, especially in battery technology, stems from groundwork laid in the United States decades ago. Chinese companies have enhanced these early …
{Hot Stocks}CHINA UNICOM(00762) quoted at HK$6.36, up 2.9%
[ET Net News Agency, 15 August 2024] CHINA UNICOM (00762) rose 2.9% to HK$6.36, breaking above the 100-D SMA of HK$6.333. It hits an intra-day high of HK$6.37, and an intra-day low of HK$6.14. The…
China’s AI Video Rush Is a Wake-Up Call for the World
The public release of a handful of AI video generators from big companies and start-ups aims to show how the country is narrowing the gap with the US when it comes to the technology. But…
China’s AI Video Rush Is a Wake-Up Call for the World
The public release of a handful of AI video generators from big companies and start-ups aims to show how the country is narrowing the gap with the US when it comes to the technology. But…
California Democrats fear US tech firm ‘death spiral’ with more China curbs
WASHINGTON, Aug 14 (Reuters) – California Democrats are calling on the Biden administration to freeze reported plans to impose fresh restrictions on U.S. technology exports to China, arguing …
The US should beware of regulation as retribution
While the US will not become China, there is a real risk that what legal scholar Angela Zhang calls “Chinese antitrust exceptionalism” — where fear of antitrust retribution and state media shaming …
China’s Hyperloop, Set To Reach 1,000 Kilometers Per Hour, Passes New Test With Flying Colors
C hina has carried out another successful test of their answer to Hyperloop, an ultra-high-speed maglev train that they plan to travel at speeds of 1,000 kilometers (621 miles) per hour. While it hasn …
How the U.S. and China Compare in the Race to Build AI Combat Drones
The U.S. and China are spending billions to make drones that carry out missions using artificial intelligence. Experts are tracking their progress to understand how drone fleets could be used in battle.
Asian stocks rise amid US inflation cheer; China lags ahead of key earnings
Investing.com– Most Asian stocks rose on Wednesday, tracking overnight gains on Wall Street as a soft producer inflation reading furthered bets that the Federal Reserve will begin cutting rates from …
China’s Hyperloop, Set To Reach 100 Kilometers Per Hour, Passes New Test With Flying Colors
C hina has carried out another successful test of their answer to Hyperloop, an ultra-high-speed maglev train that they plan to travel at speeds of 1,000 kilometers (621 miles) per hour. While it hasn …
China just built the biggest ever offshore oil platform. There is no green energy ‘transition’
Two major announcements from a pair of the world’s largest oil and gas companies have exposed the folly of the idea that some kind of energy “transition” is underway. In an interesting twist, the two…