43 m. ago Nvidia bets on European AI push amid shrinking China revenue

Nvidia is trying to woo European markets with new partnerships and a pledge to build 20 new artificial intelligence (AI) factories across the continent, as the US chip giant grapples with declining sales in China amid Washington’s tightening export controls. CEO Jensen Huang, speaking at the annual VivaTech conference in Paris on Wednesday, said the company was building the world’s first “industrial artificial intelligence cloud” for European manufacturers. The Germany-based facility, a key part...

Politics

4 h. ago China's racing to build its AI ecosystem as U.S. tech curbs bite. Here's how its supply chain stacks up

China's racing to build its AI ecosystem as U.S. tech curbs bite. Here's how its supply chain stacks up  CNBC

Politics

7 h. ago China approves world’s biggest amphibious plane, AG600, for mass production

China’s home-grown AG600, the world’s largest amphibious aircraft, has been given the green light for mass production, marking a step forward in building an independent and globally competitive aviation industry. The Civil Aviation Administration of China (CAAC) certified the plane on Wednesday, confirming that its developer, the state-owned Aviation Industry Corporation of China (Avic), has established a reliable system to consistently produce aircraft that meet safety standards, according to...

Politics

19 h. ago Huawei founder sheds light on China’s strategy to overcome US curbs

Recent comments from Huawei Technologies founder and CEO Ren Zhengfei regarding US chip restrictions have shed light on China’s strategies to overcome Washington’s sanctions, according to analysts. In a front-page interview published on Tuesday by the People’s Daily, the mouthpiece of the Communist Party, the 80-year-old Ren expressed confidence that there was no need to worry about China’s access to advanced chips, asserting that the nation could achieve computing capabilities comparable to the...

Politics

23 h. ago From AI to chips: China courts private tech firms to help drive next 5

China has signalled growing support for the private sector, as the head of the government department that oversees economic reform sat down with representatives of the tech industry to gather input ahead of Beijing’s next five-year development blueprint, analysts said. Zheng Shanjie, chairman of the National Development and Reform Commission (NDRC), met leaders from five private enterprises to “gather opinions and suggestions for the scientific formulation of the ‘15th Five-Year Plan’, with a...

Economics

24 h. ago Stock market today: Dow, S&P 500, Nasdaq futures slip as US, China reach trade plan, with CPI inflation on deck

Stock market today: Dow, S&P 500, Nasdaq futures slip as US, China reach trade plan, with CPI inflation on deck  Yahoo Finance

Economics

26 h. ago China plans to turn Shenzhen into AI and aviation hub amid US sanctions

China has outlined a string of reforms to accelerate the development of hi-tech emerging industries in the city of Shenzhen, as the tech hub in southern China grapples with a barrage of US trade restrictions. The plan focuses on boosting Shenzhen’s ability to create scalable business models in industries such as artificial intelligence and aviation that can be replicated across China, by helping the city cultivate a larger talent pool, expand local companies’ access to financing, and speed up...

Politics

27 h. ago US, China Officials Agree on Plan That Awaits Xi, Trump Sign

US, China Officials Agree on Plan That Awaits Xi, Trump Sign-Off  Bloomberg

Politics

29 h. ago US and China agree on plan to ease export controls after trade talks in London

US and China agree on plan to ease export controls after trade talks in London  CNN

Politics

31 h. ago Trump tariffs live updates: US, China agree on plan to ease trade tensions as US appeals court allows tariffs to remain in effect

Trump tariffs live updates: US, China agree on plan to ease trade tensions as US appeals court allows tariffs to remain in effect  Yahoo Finance

Events

32 h. ago US, China Officials Agree on Plan to Ramp Down Trade Tensions

US, China Officials Agree on Plan to Ramp Down Trade Tensions  Yahoo Finance

Politics

33 h. ago Chinese EV battery maker Eve Energy jumps on Hong Kong IPO bandwagon

Eve Energy, China’s fifth-largest producer of electric vehicle (EV) batteries, plans to raise fresh capital on the Hong Kong stock exchange, following the lead of its bigger rival Contemporary Amperex Technology (CATL) as international investors show a growing appetite for the country’s industrial gems. The Shenzhen-listed company said on Tuesday that its board had endorsed a fundraising plan aimed at bolstering its international expansion, but details about the share offering were still in the...

Science

33 h. ago ‘Making a dent’: race is on to reap rare earths elsewhere amid China’s dominance

Beijing’s imposition of rare earth export restrictions from April – playing its trump card in the face of Washington’s intensifying tariffs and tech curbs – helped send a message to Washington ahead of this week’s discussions over bilateral export-control issues. Considered a trump card because rare earths have an outsized impact on auto, electronics and defence industries, and China dominates the supply chain, the trade in such critical minerals is widely expected to be among the key topics...

Politics

34 h. ago As the PLA adopts civilian technology, Chinese bureaucracy could hinder progress

For decades, China’s talk of letting the private sector bid for defence orders had mostly been just that: talk. State-owned conglomerates had dominated the sector for decades, but in the middle of 2016, Beijing started to step up its military-civilian fusion strategy, publishing an official list of the sectors where private firms were being encouraged to contribute, such as swarming drone technologies. The plan is a central pillar of China’s ambition to develop a modernised military by 2035 and...

Politics

45 h. ago A quantum leap: Chinese institute begins photonic chip production

An institute affiliated with Shanghai Jiao Tong University has commenced production of photonic chips, marking a milestone in China’s semiconductor sector and providing a boost to the country’s quantum computing capabilities in spite of increased US export controls. The Chip Hub for Integrated Photonics Xplore (CHIPX), located in Wuxi in eastern Jiangsu province, now produces 6-inch thin-film lithium niobate photonic chip wafers, according to local authorities. The development underscores...

Politics

54 h. ago Hong Kong medical device maker to expand China facility amid US, EU barriers

Vincent Medical Holdings, a Hong Kong-based medical device maker, has doubled down on manufacturing in China by investing in automation and digitalisation, instead of moving operations abroad amid rising trade barriers in the US and Europe. The maker of disposable radiology products and respiratory devices is building a factory in Kaiping in the western part of the Greater Bay Area, CEO Raymond Choi Cheung-tai said in an interview. Trial operations could start before the end of the year, he...

Politics

3 d. ago China’s Geely hits the brakes on new plant construction globally: Li Shufu

Geely Auto, the mainland’s second-largest carmaker, will not build new plants amid excess capacity worldwide, a move that is likely to ripple across the sector as most Chinese companies are finding it difficult to make profits. Chairman Li Shufu told the Chongqing Auto Show over the weekend that the company would avoid building excess capacity and instead focus on improving its technological capabilities to become a key player in the future of mobility. “The global automotive industry is mired...

Events

3 d. ago Boeing plane lands back in China for delivery as tariff war eases By Reuters

Boeing plane lands back in China for delivery as tariff war eases By Reuters  Investing.com

Events

3 d. ago Boeing plane lands back in China for delivery as tariff war eases

Boeing plane lands back in China for delivery as tariff war eases  Yahoo

Events

3 d. ago 'Sever relations': Bioterror arrests spark alarm; US CCP expert warns China planning ‘something worse tha

'Sever relations': Bioterror arrests spark alarm; US CCP expert warns China planning ‘something worse tha  Times of India

Events