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In China, the AI bubble has already burstWhile global tech stocks teeter, in China they have already crashed as lofty valuations collapse under worries about AI demand and curbs on...
ByteDance founder Zhang Yiming reclaims top spot in China's rich list, thanks to his firm's AI pushThe rankings released by The Hurun Research Institute on Tuesday reflected that the country's high-tech sectors were rising but others like...
In China, the AI bubble has already burstChina's technology sector is experiencing a dramatic decline, leading to extensive financial repercussions for numerous industries. The STA...
AI bubble to burst soon? Artificial Intelligence meltdown in China but Anthropic IPO at US Stock Market tell interesting stories of AI boomAmid the billions — even trillions — at stake, worries about an AI boom are looming in the background along with concerns about keeping the...
From 700% gains to a 50% plunge: China's AI stocks are crashing despite Beijing's tech ambitions. Here's whyChina's artificial intelligence stock market has faced a steep decline, losing around $480 billion in market value. Many leading technology...
Analysis: In China, the AI bubble has already burstChinese tech stocks, especially in AI and semiconductors, have experienced a dramatic decline in value recently. The mainland STAR50 index ...
Global Market: China's yuan hits four-year high as dollar weakens ahead of policy meetingsThe yuan of China has surged to a peak not seen in four years against the US dollar, driven by evolving market dynamics and currency evalua...
Sinking profits turn China’s $3.5 trillion rout into trapChinese stocks are experiencing a significant selloff resulting in a loss of $3.5 trillion since May. Increased competition and declining d...
As the US and China form AI blocs, countries are increasingly torn between themCountries like Kazakhstan are trying to balance between U.S. and China AI initiatives for technological gains. Indonesia has expressed inte...
US Treasury proposes a rule to crack down on high-tech investments in China, other adversariesThe U.S. Treasury Department plans to enforce a rule limiting high-tech investments in China and Russia. This initiative aims to curb inves...
Dragon enters bear cave with $2.4 trillion lost since May peakChinese stocks have recently entered a bear market, resulting in a total loss of $2.4 trillion. Major indexes, including the CSI 300 and Ha...
U.S. State Department China travel advisory: Key points to note for Americans planning a trip to ChinaAmericans planning to travel to China need to be aware of potential risks including wrongful detention and surveillance. Recent updates fro...
Cash-strapped China targets offshore wealth with new taxChina has introduced a 20 percent tax on dividends and interest from offshore trusts to combat a fiscal deficit. Wealthy citizens must sett...
- Beijing blasts US sanctions on 5 Chinese firms tied to ex-Google engineer
The Trump administration's recent sanctions on five Chinese companies have drawn firm opposition from Beijing, with ties to Linwei Ding, wh...
ByteDance, Alibaba, Tencent place over $35 billion worth of Nvidia chip ordersUS-based chipmaker Nvidia has told customers and partners it cannot guarantee that it can fill the orders because demand from Chinese techn...
After US DeepSeek order, China says it will protect firmsChina consistently opposes the over-generalisation of national security as well as the politicisation of science, technology and trade issu...
Accenture looks to sell Chinese operations for up to $1.5 billion: FTIT consulting firm Accenture is looking to sell its Chinese operations for up to $1.5 billion, the Financial Times reported on Sunday, citi...