China


2024-11-21

[News] Chinese Tech Giants Ramp Up Silicon Valley AI Talent Hunt amid U.S. Restrictions

According to Storm Media, citing Financial Times, several Chinese tech companies are reportedly accelerating efforts to establish AI research and development teams in Silicon Valley. They are offering lucrative incentives to attract top American talent, aiming to strengthen their R&D foundation...

2024-11-20

[News] Huawei’s AI Ambition Set Back as Its Chips Reportedly Fall Three Generations Behind NVIDIA

According to a Wccftech report, citing Bloomberg, Huawei’s efforts to develop more advanced chips for AI have faced significant setbacks due to U.S. sanctions, making it unable to match the performance of even older NVIDIA products. The report notes that the sanctions have blocked Taiwan's TSMC...

2024-11-19

[News] China’s Xiaomi, Geely Unveil Self-Driving EV Models to Challenge Tesla

According to a report from BNN Bloomberg, while Tesla is preparing to launch its Full Self-Driving technology in the Chinese market in the first quarter of next year, Chinese automakers are unveiling their own self-driving models, equipped with advanced autonomous driving features and artificial int...

2024-11-19

[News] Chinese EV Makers Shift to Africa Amid US and EU Import Restrictions

According to a report by Commercial Times, citing South China Morning Post, as the U.S. and EU intensify sanctions on Chinese electric vehicles (EVs), Chinese EV manufacturers are shifting their focus to Africa, accelerating efforts to establish flagship stores and assembly plants across the contine...

China's CPI and PPI YoY
2024-11-18

Can China’s 10 Trillion Yuan Fiscal Policy Revive the Economy?

China has yet to shake off the risk of deflation, according to data released by the National Bureau of Statistics on November 9. China's CPI Status China's Consumer Price Index (CPI) rose by 0.3% year-on-year in October, marking a 0.1 percentage point decline from the previous month. On a month-on...

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