4 d. ago Nexperia said to halt salaries and system access for Chinese employees

Nexperia has withheld access to work accounts and halted salaries for its employees in China, according to local news reports citing a letter from the Chinese unit of the Dutch chipmaker, marking the latest escalation in a growing political dispute between the Netherlands and China. The Chinese unit of Nexperia informed customers on Friday that it had been notified by headquarters that salary payments would cease and employees’ access to company systems would be suspended, according to Chinese...

Politics

7 d. ago China Accessed Classified UK Systems for a Decade, Officials Say

China Accessed Classified UK Systems for a Decade, Officials Say  Bloomberg.com

Politics

1 week ago Sending a message: Beijing issues documents without Word format amid US tensions

China’s expansion of its rare earth export controls appeared to mark another escalation in the US-China trade war last week. But the announcements were also significant in another way: unusually, the documents could not be opened using American word processing software. For the first time, China’s Ministry of Commerce issued a slew of documents that could be directly accessed only through WPS Office – China’s answer to Microsoft Office – as Beijing continues its tech self-reliance...

Events

1 week ago Chinese local governments warned not to give AI access to sensitive information

Chinese local governments have been told they may use artificial intelligence to help decision-making, but must ensure they do not leak any sensitive data or “blindly” pursue technological superiority. New guidelines, published by the Cyberspace Administration of China and the National Development and Reform Commission on Friday, said AI models could make government more efficient and benefit the public. It listed areas where AI models could be used. These included online consultations to answer...

Events

1 week ago Margin Access Cut Sparks Slide in China’s Expensive Chip Shares

Margin Access Cut Sparks Slide in China’s Expensive Chip Shares  Bloomberg.com

Politics

1 week ago US Senate passes measure that limits Nvidia and AMD’s AI chip exports to China

Artificial intelligence chip firms Nvidia Corp and Advanced Micro Devices (AMD) would have to ensure American companies get priority access to their products before China under legislation the US Senate has passed, a setback for the technology industry’s efforts to block the measure. The bipartisan legislation was easily approved in a vote late on Thursday. It is designed to bolster US competitiveness in cutting-edge industries and curb exports to China and other foreign adversaries, according...

Politics

1 week ago China threatens access to supplies vital to the most important U.S. industries

China threatens access to supplies vital to the most important U.S. industries  Axios

Events

2 w. ago Impact of Anthropic’s China ban unlikely to ‘move the needle’, expert says

US artificial intelligence start-up Anthropic’s ban on China-backed entities’ access to its models was not expected to deter mainland firms nor hamper their progress in the field, according to industry experts and analysts. “When it comes to the impact on China’s [AI] competitiveness and development, I don’t think it will move the needle very much,” said Ben Reynolds, a Rhodium Group analyst specialising in US and China semiconductor competition. While noting that the move was consistent with...

Politics

2 w. ago The data access challenge in China of trying to counter the US’ Xinjiang claims

As Washington and its allies continue to slap sanctions related to Xinjiang on Chinese companies, citing allegations of human rights violations, a group of scholars is trying to challenge some of those claims, digging into their years of field research and networks of contacts in the far western autonomous region. Yet in their efforts to debunk the claims, the academics keep running into a brick wall: the reticence of regional authorities. Generally seen by Beijing as well meaning, the scholars...

Politics

3 w. ago China issues retaliatory rules ahead of US port fee targeting Chinese vessels

As a new US port fee targeting China-built or -operated vessels is set to take effect in two weeks, China has revised its international maritime transport rules to allow retaliatory measures, including charging special fees or restricting access to Chinese ports. China will implement necessary countermeasures against any country or region that imposes or supports discriminatory bans, restrictions or similar measures targeting Chinese operators, vessels or crews, according to the revision...

Events

3 w. ago Eurobonds offer Chinese investors access to US$15 trillion capital pool

Eurobonds offer Chinese investors access to US$15 trillion capital pool  South China Morning Post

Economics

3 w. ago China Expands Onshore Repo Access in Push to Boost Yuan Assets

China Expands Onshore Repo Access in Push to Boost Yuan Assets  Bloomberg.com

Politics

4 w. ago In setting China up as an adversary, the EU is tilting at windmills

In the classic Spanish novel Don Quixote, the knight insisted on attacking windmills he had mistaken for giants, and ended up unhorsed. In real life, the European Union has increasingly and aggressively taken on China over the past few years, often at the expense of its own economic and social goals. The EU has long complained about its trade deficit with China, attributing it to a lack of market access. Yet it refuses to ratify the Comprehensive Agreement on Investment (CAI) – a golden...

Politics