China’s three major telecom operators China Mobile, China Unicom and China Telecom have released their business performance reports for the first half of 2023, highlighting positive growth driven by …
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China’s Tech Giants Spend $5 Billion Buying Crippled Nvidia GPUs
As the Financial Times reports, the spending spree was triggered by speculation that the US government could impose even stricter export controls on China. Currently, Chinese companies can’t purchase Nvidia’s A100 GPU and must instead…
Hong Kong stocks trade at near 3-week low as US investment curbs in China risk fuelling geopolitical tension
Hong Kong stocks hovered at the lowest level since July 24 after Washington’s measures on restricting investments in China rekindled concerns about geopolitical risks.
China Unicom forecasts double-digit profit growth
China Unicom set a bold target of double-digit gains in profitability for the full year, driven by growth in its private 5G and cloud businesses, as it revealed its performance for H1.
Joe Biden’s China strategy is not working
President Joe Biden unveiled his latest weapon in America’s economic war with China. New rules will police investments made abroad by the private sector, and those into the most sensitive technologies …
China taps thinner coal seams as energy security drives push for fossil fuel
The coal seam shearer, developed by the Shanghai Research Institute of China Coal Technology and Engineering Group Corporation (CCTEG), can be used on a coal bed as thin as 1.3 metres (4.3 feet), according to…
US effort to replace China-made cellular modules over ‘security concern’ may backfire: analysts
Chinese industry analysts said that the latest US attempts to bar China-made modules from use in the US telecommunication network due to a so-called national security threat are groundless and will …
Sony expects smartphone rebound only in 2024 after China fizzles
Sony Group Corp., the dominant supplier of camera sensors for smartphones, is pushing back expectations for a smartphone market recovery to 2024 at the earliest after gauging worsening demand from …
Biden administration to announce new bans on investments in China meant to protect national security
President Joe Biden’s administration plans to detail new rules Wednesday limiting US investments in advanced technology industries in China, according to people familiar with the plans, in an effort …
China wants all apps to file business details – report
China will require all mobile app providers in the Asian nation to submit business details with the government, Reuters reported citing the country’s Ministry of Industry and Information Technology …
China aims to boost low-cost space science with ‘Innovation X’ rideshare program
A new initiative aims to launch seven satellites per year on Lijian-1 solid rockets to promote space science research.
China targeting German tech ‘through back door’ with licences – report
China is going after licences to boost its access to German technology as investment regulation makes company acquisitions in the sector increasingly difficult, the Handelsblatt newspaper reported on …
Biden Admin Set To Unveil Strategy To Curb US Investments In Sensitive Technology In China: Report
Biden administration officials have reportedly emphasised that any restrictions on US investment in China will be narrowly targeted. National Security Adviser Jake Sullivan stated in April that these …
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