15 h. ago China’s Xiaomi says returns from AI investments ‘far exceed expectations’

Chinese tech firm Xiaomi reaped returns from its artificial intelligence spending in 2025 that “far exceeded expectations”, the company’s president Lu Weibing said in a recorded video posted on Chinese social media platform Douyin. Lu said the Beijing-based company was pivoting to embodied AI after heavy investment in general AI over the past few quarters. The Beijing-based company’s efforts to apply AI in electric vehicles (EVs) and robotics are similar to Elon Musk’s plan of using the advanced...

Politics

36 h. ago As Macron eyes China deals to revive industry, trade shows tables have turned

French President Emmanuel Macron has called on Chinese companies to invest in France and transfer know-how in emerging sectors like batteries, electric vehicles (EVs) and solar panels – highlighting growing concerns over the widening technological gap between the two countries. “We want to welcome more Chinese investment through projects and re-industrialisation strategies, and this is what will allow us to break the cycle we’re currently in,” he said on Thursday in Beijing, where he attended a...

Politics

49 h. ago Chinese consumer and tourism firms turn to shareholder perks to stimulate sales

Chinese consumer and tourism firms turn to shareholder perks to stimulate sales  South China Morning Post

Economics

51 h. ago A Chinese firm attempts to bring a rocket stage back to Earth

A Chinese firm attempts to bring a rocket stage back to Earth  The Economist

Events

57 h. ago SEC Chairman Paul Atkins says agency tightening scrutiny of Chinese firms listing in US markets

SEC Chairman Paul Atkins says agency tightening scrutiny of Chinese firms listing in US markets  Fox Business

Politics

3 d. ago China’s ‘dirt cheap’ missiles could shake up global defence market: state media

Chinese aerospace firm Lingkong Tianxing unveiled a hypersonic glide missile last week that has a range of up to 1,300 km (800 miles) and a top speed of Mach 7. The YKJ-1000 has been nicknamed the “cement-coated” missile for its use of civilian-grade materials such as foamed concrete in its heat-resistant coating. According to slides widely circulated online, the unit production cost of this missile, already in mass production after successful combat trials, may be as low as 700,000 yuan (around...

Events

3 d. ago Chinese autonomous driving firm Momenta files for Hong Kong IPO, sources say

Chinese autonomous driving firm Momenta files for Hong Kong IPO, sources say  Reuters

Economics

3 d. ago China’s DeepSeek challenges Google DeepMind with new AI model

Artificial intelligence start-up DeepSeek has unveiled its most powerful model variant, DeepSeek-V3.2-Speciale, which is said to match Google DeepMind’s new Gemini 3 Pro model in certain tasks, despite the Chinese firm having limited access to advanced semiconductor chips. The achievement by the open-source lab has sparked extensive discussion within the AI research community as it coincides with the prestigious annual Conference on Neural Information Processing Systems, or NeurIPS. In its...

Politics

4 d. ago Mainland Chinese miner Zijin’s founder who built US$100 billion firm retires

Mainland Chinese miner Zijin’s founder who built US$100 billion firm retires  South China Morning Post

Economics

4 d. ago Chinese Firms Need to Pivot Beyond Simple Sales Abroad, McKinsey China Chief Says

Chinese Firms Need to Pivot Beyond Simple Sales Abroad, McKinsey China Chief Says  Caixin Global

Economics

5 d. ago Doubts on China’s robotics strength a result of lacking ‘understanding on manufacturing capabilities,’ Chinese firm responds to US peer’s fake video claim

Doubts on China’s robotics strength a result of lacking ‘understanding on manufacturing capabilities,’ Chinese firm responds to US peer’s fake video claim  Global Times

Economics

6 d. ago ‘It is fake’: why US industry leader refused to believe China’s robot march clip

On November 14, Chinese robotics firm UBtech released footage showing hundreds of Walker S2 humanoid robots standing in precise formation inside a warehouse. The machines turned their heads in unison, waved their arms and marched into shipping containers – a scene so visually arresting it evoked sci-fi blockbusters like I, Robot. Brett Adcock, founder and CEO of leading US robotics company Figure, responded with disbelief. He immediately took to social media to suggest the footage was...

Politics

8 d. ago Chinese firms rush to pledge millions in fire rescue as Hong Kong fire death toll climbs to 55

Chinese firms rush to pledge millions in fire rescue as Hong Kong fire death toll climbs to 55  CNBC

Events

8 d. ago U.S. Reviews Chinese Firms for Military Ties; Beijing Blocks NVIDIA Chips

U.S. Reviews Chinese Firms for Military Ties; Beijing Blocks NVIDIA Chips  조선일보

Events

9 d. ago Alibaba to lead AI capital spending among Chinese firms amid strong demand

E-commerce giant Alibaba Group Holding expects to stay ahead of its Chinese Big Tech peers in artificial intelligence-related capital expenditure, as the firm’s AI and cloud computing unit posted its fourth consecutive quarter of double-digit revenue growth. Alibaba Cloud on Tuesday reported a 34 per cent year-on-year revenue growth to 39.8 billion yuan (US$5.6 billion) in the three months ended September 30, as the Hangzhou-based parent’s overall revenue in its financial second quarter reached...

Economics

9 d. ago Chinese tourism to Russia soars as travellers pivot from under

As China’s tourists scrap plans to visit Japan en masse amid an ongoing diplomatic feud, many appear to be pivoting to an alternative destination: Russia. Chinese travel firms have reported a surge in Russia-related flight and hotel bookings in recent weeks compared with the same period last year, with analysts saying the country’s winter scenery made it a natural replacement for Japanese hotspots like the northern island of Hokkaido. Russia hotel bookings made by Chinese travellers in the two...

Politics

1 week ago US, Chinese firms add AI shopping bells and whistles to dominate all

US and Chinese artificial intelligence players are ramping up integration of e-commerce solutions in their flagship consumer products in a race to become the “everything app” of the future. OpenAI on Monday unveiled a “shopping research” tool. The function, which can generate detailed shopping guides for ChatGPT users, comes just before the busy holiday shopping season and resembles popular AI shopping services on Chinese e-commerce platforms such as Tmall and Taobao of Alibaba Group Holding....

Economics

1 week ago Chinese civilian firm starts mass production of Mach 7 missiles at low cost

A private Chinese aerospace company has become the first in the world to start mass production of a low-cost, high-performance hypersonic missile, suggesting a seismic shift in military technology and defence industrial dynamics. On Tuesday, Beijing-based Lingkong Tianxing Technology released a video on its official social media account showcasing the YKJ-1000 hypersonic missile in flight and how it struck a real target in a desert testing range. A company representative said the missile was...

Events

1 week ago Netherlands’ Nexperia blunder shows it has forgotten its own history

The Netherlands has discovered that it could end up hemmed in by its technological prowess. A day after the United States tightened export controls on Chinese companies on September 29, the Dutch government moved to take control of Nexperia, a Chinese-controlled chipmaking firm. This coordinated act of carrying out US containment policy triggered a cascade that exposed the cost of the Netherlands being indispensable but not impartial. It likely prompted China’s decision to use rare earth...

Politics

1 week ago China’s power equipment firms ride AI boom amid demand from US, emerging markets

The race to develop artificial intelligence has pushed governments and technology giants to build new electricity plants and upgrade their decades-old grid networks, creating significant opportunities for Chinese power equipment companies, according to analysts. Chinese firms have been benefiting from the spillover of a US order boom, which was driven by US President Donald Trump’s push for tech leaders like Meta and SoftBank to invest in AI infrastructure. “The US buys products from Japan and...

Economics