China has established a $47.5 billion state-backed fund as its third and largest phase of investing in the semiconductor industry. The “Big Fund” involves contributions from six major state banks …
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China Will Catch Up to the US in AI Compute: SenseTime Co-Founder
The United States and China have locked horns in the ongoing race to build and control the world’s most powerful computers, with the US doing all it can to prevent China from unfettered technological advancement.
China says it will use more tech to clamp down on online counterfeits
As it ramps up IP and counterfeit enforcement, China’s State Administration for Market Regulation commits to more tech.
Connecting to the future in 2024: A golden year for China Mobile International
Spanning 25,000km and landing in over 20 countries, PEACE is a future-focused system that diversifies global infrastructure, empowering customers with unparalleled routing flexibility and resilience to complement expansive projects like 2Africa.
Top AI Experts Depart ByteDance and Kuaishou for New Opportunities Amid China’s Unicorn Boom
China’s tech industry has witnessed a significant shift as key artificial intelligence (AI) experts from major firms like ByteDance and Kuaishou Technology are leaving to start their own ventures. This trend underscores a burgeoning interest…
China’s falling emissions signal peak carbon may already be here
CHINA is spewing less carbon into the atmosphere for the first time since the pandemic ended, signalling that the world’s biggest polluter may have peaked emissions more than half a decade before its own deadline,
China Discusses Supply Chains With Japan, South Korea
Chinese Premier Li Qian, Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol sought to revitalize cooperation on security and economic matters at first formal three-way …
3 Sorry China Stocks to Sell in May While You Still Can
China stocks to sell are under scrutiny with the shifting global market dynamics. Interest rates are expected to remain higher for longer, diverting capital from riskier assets such as Chinese stocks.
China Invests $47 Billion In Largest Ever Chip Fund
China has poured more than $47 billion into the country’s largest-ever chip investment fund, a business database showed on Monday, as Beijing seeks self-sufficiency in the crucial semiconductor …
Samsung will outsource even more smartphones to China
Samsung will reportedly increase its outsourcing of smartphone design and production to Chinese companies. Outsourced phones will apparently account for 25% of the company’s production this year. This …
HKD770.1M Southbound Trading Net Inflow to CHINA MOBILE
There was HKD770.1 million, HKD465.1 million and HKD455.3 million Southbound Trading net inflow to CHINA MOBILE (00941.HK), XIAOMI-W (01810.HK) and CNOOC (00883.HK). There was HKD217.1 million, HKD52 …
China Unveils $48 Billion Fund to Bolster Chip Industry
China has set up a nearly $48 billion fund to help its semiconductor industry build up a local supply chain and close the technology gap with the U.S., coming as the country wrestles with restricted…
China presents mega semiconductor investment fund to reduce dependence on foreigners
In a significant move aimed at bolstering its domestic semiconductor manufacturing capabilities, China has unveiled its largest investment fund dedic …
