China

China Approves First Public Trials of Advanced Autonomous Driving

China has approved a first batch of nine automakers to test advanced autonomous driving technologies on public roads to boost…

1 month ago

China Launches Third $47.5B Semiconductor Fund

The third planned state-backed investment fund to strengthen China's semiconductor industry has a registered capital of 344 billion yuan ($47.5…

1 month ago

China Discovers Multiple Illegal Crypto Activities

The authorities in China discovers multiple illegal underground crypto exchange activities despite the ban. Recent events in China indicate that…

1 month ago

Elon Musk Opposes U.S. Tariffs on Chinese EVs

Tech investors in Paris on Thursday saw Tesla (TSLA.O) creator Elon Musk reject U.S. tariffs on Chinese electric cars (EVs),…

1 month ago

Nvidia Cuts China Prices in Huawei Chip Battle

According to insiders, Nvidia's (NVDA.O), the most powerful AI processor for China, has had a rough start due to excess…

1 month ago

Lenovo’s Revenue Growth Beats Expectations

The COVID-19 pandemic caused a decline in demand, but Chinese PC maker Lenovo Group (0992.HK), which opened a new tab,…

1 month ago

Tencent, iFlytek Enter China’s AI Price War

Tencent (0700.HK) and iFlytek (002230.SZ) cut prices of large-language models (LLM) used to power ChatGPT-like chatbots on Wednesday, starting a…

1 month ago

Chinese Tech Giants Cut AI Chatbot Prices

As a cloud computing price war heats up in China, Alibaba (9988.HK) and Baidu (9888.HK) cut costs on Tuesday of…

1 month ago

Chinese Yuan Rises by 14.7% Versus USD

The Chinese Yuan rises by 14% against the US dollar for the first time since 2005 after the dollar fell…

2 months ago

US and China to Discuss AI Safety Alongside Risk

This week, the United States and the Chinese government will enter into diplomatic discussions in Geneva, which will mark the…

2 months ago