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Xiaomi has unveiled its new Sky Nomad SUV series, marking a bold expansion into China's lucrative family car market. The boxy electric vehicle is part of Xiaomi's broader strategy to enter the automotive industry.
China’s cinema industry is being urged to diversify beyond ticket sales, with new guidelines promoting AI concierge agents, karaoke booths, and coffee shops. The move reflects a broader push toward agentic commerce and immersive entertainment experiences.
China is proposing sweeping amendments to its e-commerce law to expand regulation beyond platforms and merchants, aiming to strengthen domestic oversight and protect Chinese companies abroad.
Anthropic is trying to block Chinese companies from accessing Claude Code, but they're getting around the restrictions through VPNs and overseas subsidiaries. Meanwhile, Alibaba has banned its employees from using the tool after hidden code was found that could identify Chinese users.
China's Nexchip Semiconductor is seeking up to $890 million in a Hong Kong share sale, signaling a major move in the country's push for semiconductor self-reliance.
China's ChangXin Memory Technologies has reportedly won a $3 billion memory chip deal with Tencent, signaling a major step forward in the country's push for semiconductor self-reliance.
China is wiring green energy directly to its data centres in a bid to reduce carbon emissions and promote sustainable tech infrastructure. This move could influence global standards for energy-efficient data centres.
Morgan Stanley has doubled its forecast for China's humanoid robot shipments to 50,000 units in 2024, reflecting a shift from demonstrations to real-world deployment in factories and service industries.
ASML faces allegations of potentially delivering its advanced chip-making equipment to China, despite U.S. export restrictions. The company denies any wrongdoing, citing commercial logic and compliance with international regulations.
Microsoft has quietly become the main supplier of OpenAI models in China, while OpenAI and Anthropic keep their own models out of the market due to intellectual-property and misuse concerns.
BMW has cut its full-year profit forecast for the automotive business, citing declining sales in China and increased competition from local EV makers. The company expects its EBIT margin to fall to 1-3% from a previous forecast of 4-6%.
China’s new five-year employment plan prioritizes monitoring AI’s impact on jobs, acknowledging the potential for widespread displacement as the country pushes to become a global AI leader.
