27 h. ago Chipmaker CXMT eyes US$42 billion Shanghai listing, sources say

Chinese memory chipmaker ChangXin Memory Technologies (CXMT) plans an initial public offering (IPO) in Shanghai as soon as the first quarter of next year, eyeing a valuation of up to 300 billion yuan ($42.12 billion), according to two sources briefed on the matter. Founded in 2016 with government backing, CXMT leads China’s strategic push to build a foothold in a global DRAM market long dominated by companies from Japan, South Korea and the United States. China’s leading manufacturer of dynamic...

Economics

31 h. ago China's economy is struggling, but its homegrown companies are dominating abroad, Goldman Sachs says

China's economy is struggling, but its homegrown companies are dominating abroad, Goldman Sachs says  businessinsider.com

Politics

37 h. ago Trump Official Warns China Against Penalizing Companies Investing in US

Trump Official Warns China Against Penalizing Companies Investing in US  Bloomberg

Events

38 h. ago China AI plan offers hope for robot companions and kids by 2035

When the Chinese government launched the “AI+” initiative in August, it was widely perceived as a new economic stimulus. However, observers may have underestimated Beijing’s true ambition. On October 10, senior officials and experts published a series of analyses in the official journal E-Government, offering the public its first comprehensive look at the initiative’s deeper strategic intent. Far from being merely an economic policy, “AI+” is a decade-long national blueprint designed to propel...

Politics

3 d. ago Chinese minister calls out US ‘protectionism’ in shipping industry

China’s Minister of Transport Liu Wei has called on shipping companies and port operators worldwide to promote free trade in a “concerted effort” to combat “protectionism” after the US administration slapped port fees on Chinese vessels. “All the companies dealing with shipping businesses should work together to promote a fair, just and open environment and safeguard the common interests of global economic and trade development,” he said at the North Bund Summit, a shipping industry ­conference,...

Politics

5 d. ago Missouri’s weapon in the AI race with China: KC tech companies, says GOP lawmaker

Missouri’s weapon in the AI race with China: KC tech companies, says GOP lawmaker  startlandnews.com

Events

6 d. ago US may take strategic stakes in rare earths companies to tackle China ‘power grab’

US may take strategic stakes in rare earths companies to tackle China ‘power grab’  The Guardian

Politics

6 d. ago US may seek more stakes in strategic companies to counter China, Bessent says

US may seek more stakes in strategic companies to counter China, Bessent says  Reuters

Politics

7 d. ago Chinese premier stresses resilience in symposium with business leaders

Premier Li Qiang called on China’s companies to be resilient and reiterated a pledge to achieve the country’s annual economic goals at a symposium with business leaders, academics and other experts on Tuesday. “To accurately understand the current economic situation, one must take a broader perspective [it is necessary to] further strengthen confidence, face problems squarely and stay firmly committed to doing our work well,” Li was quoted as saying by state news agency Xinhua. The meeting,...

Politics

7 d. ago DJI appeals inclusion on Pentagon’s ‘Chinese military companies’ list

Chinese drone maker DJI has appealed a US federal court’s decision that it should remain on the Pentagon’s blacklist of companies allegedly linked to China’s military. The Shenzhen-based company filed the appeal on Monday to the US Court of Appeals for the DC Circuit. DJI filed a lawsuit last October, arguing that it is not owned or controlled by the Chinese military and does not contribute to China’s defence industrial base. The drone manufacturer, which sells over half of all US commercial...

Events

7 d. ago Chinese robotaxi firms Pony.ai, WeRide on road to Hong Kong IPOs

Pony.ai and WeRide, two leading robotaxi operators in mainland China, have taken their first steps towards share offerings on the Hong Kong stock exchange by filing fundraising plans with the securities regulator. They will join a clutch of mainland companies seeking to tap global investors’ growing interest in China’s electric vehicle (EV) industry as the key players accelerate their global expansion plans. According to documents published by the China Securities Regulatory Commission on...

Economics

1 week ago China slams US for targeting Chinese companies under national security claims

China slams US for targeting Chinese companies under national security claims  chinadailyasia.com

Events

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 pledges to rein in 'disorderly' pricing competition by companies

China pledges to rein in 'disorderly' pricing competition by companies  Reuters

Politics

1 week ago US adds Chinese companies to blacklist over drone parts tied to Hamas, Houthis

The US Department of Commerce said on Wednesday it would add a dozen companies based in China to a restricted trade list for their alleged roles in facilitating the purchase and use of American components and tech found in the weaponised drones said to be operated by Hamas and Houthi militants in Yemen. Ten companies in China were designated for the Commerce Department’s “entity list” for facilitating the purchase of components found in these drones, according to the Federal Register. Five other...

Events

1 week ago US imposes new restrictions on Chinese technology companies, angry China says: Would take ...

US imposes new restrictions on Chinese technology companies, angry China says: Would take ...  Times of India

Politics

2 w. ago The “Negative Lists” Easing Data Export in China’s FTZs – A Complete Guide for Foreign Companies

The “Negative Lists” Easing Data Export in China’s FTZs – A Complete Guide for Foreign Companies  China Briefing

Politics

2 w. ago FAQ: What Foreign Companies Need to Know About China’s 2025 Anti

FAQ: What Foreign Companies Need to Know About China’s 2025 Anti-Unfair Competition Law (AUCL)  Harris Sliwoski LLP

Politics

2 w. ago China’s Kuaishou lures overseas users with ‘NSFW’ AI companions

Kuaishou Technology, operator of China’s second-largest short video app, is developing a new international revenue stream with “not-safe-for-work” (NSFW) avatars, as Chinese artificial intelligence firms compete in the lucrative field of virtual companions. Kuaishou formally launched its AI companion service, FantaSay, through its Singapore unit, Symphony Tech, last month, after a trial run that began in February. The service promises an “ultimate immersive chat experience” with a “variety of...

Politics

2 w. ago Lawsuit targeting Chinese mining companies poses dilemma for Zambian government

An US$80 billion lawsuit filed by Zambian farmers against two Chinese mining companies over a major toxic acid spill has produced a major diplomatic headache for the southern African country as it tries to balance its long-standing relationship with Beijing against the needs of local communities. For decades, Lusaka and Beijing have maintained strong political and economic ties, with China funding multi-billion dollar infrastructure projects ranging from airports to dams. Zambia relies heavily...

Politics