Several Chinese corporations and Adidas are granting employees a full or half day off next Monday to watch the Fifa World Cup final between Spain and Argentina at MetLife Stadium, with Adidas celebrating its sponsorship of both teams.
China plans to allow selected domestic firms like Alibaba and ByteDance to import limited Nvidia H200 chips, easing its tech standoff with the US. This pragmatic shift addresses China's immediate AI computing power gap, as local alternatives are insufficient.
China is reportedly planning to allow select companies, including Alibaba and ByteDance, to purchase limited quantities of advanced AI chips, such as Nvidia's products. This shift follows months of stand-off and requires companies to justify their need for foreign chips over domestic alternatives.
China's Commerce Minister Wang Wentao urged the Netherlands to create a fair business environment for Chinese companies and resolve disputes involving relevant enterprises during a meeting with Dutch trade minister Sjoerd Sjoerdsma. Both sides aim for a "clean break" from previous frictions, particularly concerning Nexperia.
China has implemented new national security regulations, effective Wednesday, allowing broader review of overseas investments and transfers impacting its strategic interests, especially in AI and semiconductors. This move, amid tech competition with the US, aims to protect Chinese technological capabilities but raises concerns for Chinese companies' global expansion and foreign partners' access to Chinese expertise.
China's HQ-9 long-range surface-to-air missile system has been sold to Azerbaijan, Egypt, Pakistan, Turkmenistan, and Uzbekistan, while Serbia operates the FK-3, an HQ-22 variant, marking a rare European presence of Chinese defence technology.
China has added 10 US firms, including MP Materials and USA Rare Earth, to its export control list and restricted 46 from government procurement. Analysts warn this escalation tests the fragile US-China truce, imposed in response to US actions against Chinese tech firms.
Mainland Chinese tech firms are leveraging Hong Kong as a "strategic adaptation ground" to evolve into multinational corporations. By attracting international capital and talent, and developing global brands and sales networks, these companies are establishing new growth engines and connecting to global markets, governance, and R&D.
Microsoft is selling OpenAI's advanced AI models to major Chinese tech firms like ByteDance, despite US warnings about China's AI capabilities. This business, growing rapidly in China, generates over $1 billion annually from customers like ByteDance, raising concerns about intellectual property theft and model distillation.
Saudi Arabia signed housing and construction agreements worth $507 million with Chinese partners, including China State Construction Engineering, during a visit to Shenzhen. The deals aim to deepen cooperation on urban development projects and support Saudi Arabia's Vision 2030 strategy, expanding beyond traditional construction to smart-city technologies.
Plunging oil prices and a US-Iran deal spark optimism, but analysts caution Chinese firms sanctioned for Iran business may not see immediate relief from existing sanctions.
An ultra-fast EV charging station was completed in Abu Dhabi in six weeks, showcasing a synergy between UAE efficiency and Chinese production speed. The chairman expressed satisfaction with the development.
An ultra-fast EV charging station was completed in Abu Dhabi in just six weeks, showcasing a synergy between UAE efficiency and Chinese production speed. The chairman expressed amazement at the development.
China's Ministry of Commerce criticized the US for "continuously overstretching the concept of national security" and suppressing Chinese companies, stating these actions harm the global economic order and supply chains.
China's Ministry of Commerce strongly opposes the US Pentagon's decision to add Alibaba, Baidu, and BYD to a list of companies allegedly aiding China's military. Beijing urges the US to immediately revoke the measures, warning of firm countermeasures if they are not withdrawn.
Soaring AI server demand is pushing Japanese and South Korean MLCC makers into high-end products, creating opportunities for Chinese competitors in lower-end markets. The MLCC market is experiencing a historic cycle with rising prices and capacity expansion expected.
Chinese AI-enabled cameras can assess suspects' physical health, mental state, and risk levels. Tiandy's camera tracks vital signs like heart rate and blood pressure with over 90% accuracy, potentially flagging medical crises or irregular policing.
Chinese companies are openly advertising services to help businesses circumvent EU tariffs on low-cost imports. Practices include establishing manufacturing in 'gateway countries' like Morocco or modifying products to avoid classification. The EU's anti-fraud office (OLAF) is investigating, and the European Commission is expected to propose strengthening trade defence measures.
In the global EV battery market excluding China, Korean battery makers' combined share fell 8.5%p to 28.7% in Jan-Apr, while Chinese firms like CATL and BYD expanded their presence. LG Energy Solution saw its share drop to 16.8%.
A bipartisan group of US lawmakers, led by Ro Khanna, has urged acting Attorney General Todd Blanche to release an overdue report on illegal labor practices by Chinese companies in the American auto industry. The letter highlights concerns about forced labor and unfair competition, specifically naming Fuyao and other Chinese-linked firms.
OECD report reveals Chinese companies' global market share surge over 20 years is largely due to government subsidies, which are 3-8 times higher than those for competitors in developed nations. This support has driven over 60% of their market share growth, though it hasn't significantly boosted productivity or profitability.
Steph Curry has signed a major partnership deal with Chinese sportswear brand Li-Ning, marking his first collaboration with a Chinese company. The deal aims to expand Li-Ning's international presence and Curry's brand globally.
Stephen Curry has signed a new deal with Chinese sportswear brand Li-Ning, marking his first collaboration with a Chinese company. The partnership aims to expand Li-Ning's international presence, particularly in the US, and grow Curry's own brand portfolios.
Senators Elizabeth Warren and Andy Kim criticized the Trump administration for potentially allowing advanced AI chips to be exported to overseas units of Chinese firms, urging Commerce Secretary Howard Lutnick to testify before Congress.
