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The Latest Breaking News from China

Troubled AI Processor Developer Graphcore Finds a Buyer: SoftBank

After months of searching for a buyer, troubled U.K.-based AI processor designer Graphcore said on Friday that it has been acquired by SoftBank. The company will operate as a wholly owned subsidiary of SoftBank and will possibly collaborate with Arm, but what remains to be seen what happens to the…

AnandTech

The blackmarket for Nvidia H100, A100 AI GPUs is exploding — US-imposed export sanctions cause Chinese buyers to come up with imaginative techniques to get their hands on precious cargo

Chinese buyers are smuggling advanced Nvidia chips into the country in defiance of US-imposed export sanctions.

TechRadar

China's cloud push is coming at a big environmental cost — and it's affecting Microsoft and others too

Some Chinese cloud companies are investing heavily in renewables, but the story isn’t the same across the industry.

TechRadar

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Where are Base Metals Heading in Q3 and Beyond?

The base metals sector of the commodities market moved higher in Q2 2024 and was higher than the 2023 closing level at the end of June. LME zinc led on the upside, while tin posted double-digit percentage gains. Copper moved to a new all-time high during Q2, while all the…

Barchart

Vivek Ramaswamy Debuts 'National Libertarianism' at NatCon 4

"I don’t care to replace a left-wing nanny state with a right-wing nanny state," the onetime presidential hopeful said this week.

Reason

Rivian Is Winning Over Tesla Owners Tired Of Elon Musk's Antics

EV buyers tired of Tesla's plans and CEO Elon Musk's antics are finding solace in Rivian, an adventure focused start-up largely free of controversies.

InsideEVs

China's Zeekr Is On A Roll. The 7X Is Its Most Direct Tesla Challenger Yet

The 7X's dimensions are nearly identical to the Tesla Model Y.

InsideEVs

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US renews call on China to stop aggressive actions in disputed sea, where hostilities have flared

The United States has renewed a call on China to stop its aggressive actions in the South China Sea, saying a broader web of security alliances has emerged to preserve the rule of law in the disputed waters

The Independent UK

Hungarian PM Orbán's Controversial Diplomacy Raises EU Concerns

Hungarian PM Orbán faces backlash for foreign policy moves, including visits to Russia and China. Critics accuse him of undermining EU and NATO interests.

Top News

App that tracked fuel tankers in China used to transport cooking oil is disabled

App reportedly received a surge in queries this week after newspaper exposed food safety scandal

The Guardian - UK

China posts record trade surplus as foreign importers rush to beat tariffs

The $99bn figure comes as data shows exports growing at fastest rate in 15 months while imports fell

The Guardian - UK

PC sales are finally on the up again as Lenovo tightens its grip on the top spot in the charts while Dell takes a dip

All the big brands are up... apart from Dell.

PC Gamer

Shares of Uniqlo’s parent company drop almost 5% as the retailer warns of a 'turning point' in its China strategy

Fast Retailing, the Japanese owner of Uniqlo, is warning of large drops in profit and revenue from China, even as sales in other markets grow.

Fortune

Solomon Islands and China are strengthening ties in a worrying move for US and its Pacific allies

The Solomon Islands' new prime minister is in Beijing for a visit as China and the strategic Pacific archipelago strengthen their ties

The Independent UK

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Tom’s Hardware

Months after completing a major project, leading Chinese chip development software firm cuts half of workforce: Report

X-Epic fires 200 employees just months after hitting major milestone with chip design tools.

Top News

China's Exports Beat Forecasts, Imports Fall In June

China's June exports exceed expectations, driven by strong performance. Trade surplus widens, but challenges remain post-COVID-19.

Top News

Asian Stocks Mixed As U.S. Inflation Update Impacts Markets

Asian stocks show mixed performance influenced by U.S. inflation updates. Markets react to China's export growth and Wall Street's tech giants' decline. Tr...

International Business Times

Japan Warns On China, North Korea In Annual Defence Report

China and Russia's joint military activities around Japan are of "grave concern" and North Korea poses a greater threat than ever, Tokyo's defence ministry said Friday.

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Caixin Global

Shanghai Composite Index Ended Nearly Flat on Friday

Shenzhen Component Index closed down 0.18%

Top News

Snake Smuggler Apprehended At Chinese Border With 104 Reptiles

Incident at Futian Port in China reveals illegal wildlife smuggling of live snakes, highlighting challenges in enforcing regulations and protecting endange...

International Business Times UK

She Started Her Company At 22, Now Millions Use Her Product Everyday But Don't Know Who She Is: Meet Billionaire Zhou Qunfei

From factory worker to tech leader, Zhou Qunfei overcame challenges to build Lens Technology, a supplier for Apple and Samsung.

The Guardian - AU

Confrontations in South China Sea surge, raising fears a miscalculation could lead to conflict

Vessels have been rammed, punctured with knives, damaged by water cannon and targeted by military-grade lasers. Now the Philippines’ US ambassador has warned the aggression must be reduced to avoid conflict

Top News

NATO Summit Highlights Unity, Concerns, And Future Plans

NATO leaders address Ukraine, Biden's slips, Trump concerns, and China's role at 75th anniversary summit.

International Business Times

Philippines To 'Stand Our Ground' In South China Sea Dispute

The Philippines will "stand our ground" in a dispute with Beijing over the South China Sea, a top security official said Friday, eight years after an international ruling against China in the territorial contest.

France 24

Hungary's Orban visits Trump at Mar-a-Lago following NATO summit

Viktor Orban travelled from the NATO summit in Washington Thursday night to meet with Donald Trump at his Florida compound Mar-a-Lago, just weeks after the Hungarian prime minister met with Russia's Vladimir Putin. His visit is the latest in a number of meetings between the two men.

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