China39s

6 months ago

China's Contemporary Amperex Technology (CATL) and Stellantis confirm investment of US$4.3 billion to build electric vehicle battery factory in Spain

Chinese battery maker CATL and European carmaker Stellantis have formed a joint venture to build an electric vehicle battery factory in northern Spain. The two companies said on Tuesday they would invest

Finance

6 months ago

China's ByteDance to invest $22 billion in technology in 2025

According to the South China Morning Post, Chinese technology giant ByteDance plans to invest up to US$22 billion (160 billion yuan) in the technology field next year, most of which will be

Finance

7 months ago

China's chip industry faces third wave of U.S. export restrictions

The United States will launch a new round of chip restrictions on China's semiconductor industry, sources told Reuters, the third time in three years. About 140 companies will be hit by export

ByteDance named China's largest tech investor this year: report

ByteDance expects to double its capital expenditures next year to 160 billion yuan (about $22 billion).

6 months ago

Tech

Congress can't use PowerPoint to break China's Great Wall of Laws

South China Sea – March 5: Philippine Coast Guard personnel pass the coast of China in a rubber boat … [+] On March 5, 2024, the frigate performed a supply mission for

6 months ago

Breaking News

China's industrial profits fall 7% on weak demand in November

Official data released on Friday showed that China's industrial profits fell 7% in November, but the figure was slightly better than October for an industry with weak domestic demand. Weak household demand

6 months ago

Finance

China's cybersecurity agency says U.S. hackers stole technology secrets

According to the South China Morning Post, a Chinese cybersecurity agency claimed that U.S. intelligence agencies conducted “cyberattacks” on two technology companies and stole their trade secrets. According to the South China

6 months ago

Business

Bitbeat cuts artificial intelligence costs by 85% in China's tech race

The move is part of a price war among Chinese tech giants including Alibaba, Baidu, Tencent and Zhipu AI.

6 months ago

Tech

Trump plans to restrict China's electric vehicle supply chain

Incoming U.S. President Trump will strengthen his stance on China, especially regarding electric vehicles (EVs) and critical mineral supply chains. A document seen by Reuters showed that Trump's transition team recommended tightening

6 months ago

Business

China's Pony.ai plans to increase robotaxi fleet to 1,000 by 2025

Currently, the Pony.ai fleet averages 15 trips per vehicle per day, totaling more than 26,000 trips per week.

6 months ago

Business

China's chip industry lags behind TSMC for six years: author

SMIC, China's largest chipmaker, lags behind TSMC by as much as eight times in chip production efficiency.

6 months ago

Tech

Amid tariff spat, Trump 'invites China's Xi Jinping to take office'

US President-elect Donald Trump reportedly invited Chinese President Xi Jinping to his inauguration in January despite rising tensions between the world's two largest economies. Trump extended the invitation to Xi shortly after

6 months ago

Business

China's central bank 'allows yuan to depreciate' as trade risks rise

China's top financial policymakers have been discussing allowing the yuan to weaken next year as they prepare for higher trade tariffs when Donald Trump takes office as U.S. president next month. Trump

6 months ago

Business

Shen Nanpeng ranks first in Forbes China's Best Venture Capital for the seventh consecutive year

Hong Shan’s founding partner Shen Nanpeng has been listed on Forbes China’s Best Venture Capital List for consecutive years … [+] Seventh year. Photographer: Lam Yik/Bloomberg © 2023 Bloomberg Finance On Tuesday,

6 months ago

Breaking News

China's BYD sales increase, sales may exceed Ford, Honda

China's BYD had a strong sales performance in November, selling more than 500,000 vehicles, thanks in part to Beijing's trade-in subsidy program. China's largest electric vehicle maker has gained a bigger share

6 months ago

Business

China's Changxin Storage exempts from U.S. chip ban

The decision was reportedly due to a boycott from Japan.

6 months ago

Business

China's new top diplomat in New York wishes 'good luck to newbies'

Chen Li, the new Chinese Consul General in New York, delivered a speech to about 400 guests at a banquet … [+] Consulate reception on Tuesday, December 3rd. Consulate General of China

6 months ago

Breaking News

China39s

China's Contemporary Amperex Technology (CATL) and Stellantis confirm investment of US$4.3 billion to build electric vehicle battery factory in Spain

China's ByteDance to invest $22 billion in technology in 2025

China's chip industry faces third wave of U.S. export restrictions

ByteDance named China's largest tech investor this year: report

Congress can't use PowerPoint to break China's Great Wall of Laws

China's industrial profits fall 7% on weak demand in November

China's cybersecurity agency says U.S. hackers stole technology secrets

Bitbeat cuts artificial intelligence costs by 85% in China's tech race

Trump plans to restrict China's electric vehicle supply chain

China's Pony.ai plans to increase robotaxi fleet to 1,000 by 2025

China's chip industry lags behind TSMC for six years: author

Amid tariff spat, Trump 'invites China's Xi Jinping to take office'

China's central bank 'allows yuan to depreciate' as trade risks rise

Shen Nanpeng ranks first in Forbes China's Best Venture Capital for the seventh consecutive year

China's BYD sales increase, sales may exceed Ford, Honda

China's Changxin Storage exempts from U.S. chip ban

China's new top diplomat in New York wishes 'good luck to newbies'

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