Ethan Zhao
Senior Reporter
The Latest
-
Navigating Global Turbulence: Chinese Tech Entrepreneurs Eye Global Reorientation Amid Escalating US Tensions
As the U.S.-China trade rift continues to deepen, Chinese tech entrepreneurs are finding it increasingly challenging to expand into the United States, traditionally seen as a major goal for such ventures. 
As the U.S.-China trade rift continues to deepen, Chinese tech entrepreneurs are finding it increasingly challenging to expand into the United States, traditionally seen as a major goal for such ventures. -
Tesla Stock Climbs as CEO Elon Musk Engages in Constructive Dialogue with Chinese Foreign Minister
Tesla's shares rose by 5% on Tuesday, following a significant meeting between CEO Elon Musk and Qin Gang, China's Foreign Minister. This jump arrives amidst Beijing's initiative to demonstrate its openness to foreign businesses and Musk's indications of possible expansion plans for Tesla in China. 
Tesla's shares rose by 5% on Tuesday, following a significant meeting between CEO Elon Musk and Qin Gang, China's Foreign Minister. This jump arrives amidst Beijing's initiative to demonstrate its openness to foreign businesses and Musk's indications of possible expansion plans for Tesla in China. -
Xie Feng, China's New Envoy to U.S. Arrives Amid Tense Bilateral Landscape
China's newly appointed ambassador to the United States, Xie Feng, landed on U.S. soil on Tuesday, acknowledging the arduous road ahead in fostering improved Sino-U.S. relations amidst a minefield of diplomatic challenges. 
China's newly appointed ambassador to the United States, Xie Feng, landed on U.S. soil on Tuesday, acknowledging the arduous road ahead in fostering improved Sino-U.S. relations amidst a minefield of diplomatic challenges. -
Global Semiconductor Industry Faces Uncertainty Amidst Sino-U.S. Trade Tensions
In the wake of China's recent prohibition on the use of chips manufactured by U.S.-based Micron Technology in some sectors, the global semiconductor industry is now confronting the potential hazards resulting from escalating Sino-U.S. trade tensions. 
In the wake of China's recent prohibition on the use of chips manufactured by U.S.-based Micron Technology in some sectors, the global semiconductor industry is now confronting the potential hazards resulting from escalating Sino-U.S. trade tensions. -
Mintz Group Personnel Depart Hong Kong Amid Chinese Investigation: Lingering Uncertainties Spark Concern
In the wake of Chinese authorities raiding U.S. consultancy Mintz Group's Beijing office in March, multiple employees of the firm have departed Hong Kong, according to informed sources. Amid tightening anti-espionage legislation and intensified scrutiny of foreign businesses in China, the events have provoked unease in the corporate sector. 
In the wake of Chinese authorities raiding U.S. consultancy Mintz Group's Beijing office in March, multiple employees of the firm have departed Hong Kong, according to informed sources. Amid tightening anti-espionage legislation and intensified scrutiny of foreign businesses in China, the events have provoked unease in the corporate sector. -
China Markets Overview: Shanghai Index Falls 0.42% Amid Lower Volumes, Chip Sector Soars, While AI Stocks Retreat Collectively
Shanghai Stock Index fell by 0.42% on Friday, May 19, amid low trading volumes. The chip sector saw robust performance throughout the day while AI-related stocks collectively retreated. 
Shanghai Stock Index fell by 0.42% on Friday, May 19, amid low trading volumes. The chip sector saw robust performance throughout the day while AI-related stocks collectively retreated. -
Alibaba Reports Underwhelming Revenue Growth, Announces Cloud Unit Spin-off
Alibaba Group Holding Ltd, the Chinese e-commerce giant, unveiled its quarterly revenue, reporting a modest 2% rise that fell short of market predictions. Simultaneously, it announced the board's approval for a spinoff of its cloud-computing arm. 
Alibaba Group Holding Ltd, the Chinese e-commerce giant, unveiled its quarterly revenue, reporting a modest 2% rise that fell short of market predictions. Simultaneously, it announced the board's approval for a spinoff of its cloud-computing arm. -
Onshore and Offshore Renminbi Break "7" Against US Dollar: Expert Says There's Little Room for Significant Depreciation
Wang Youxin, senior researcher at the Bank of China Research Institute, believes that while risk aversion may temporarily strengthen the dollar, it currently shows signs of being overvalued. 
Wang Youxin, senior researcher at the Bank of China Research Institute, believes that while risk aversion may temporarily strengthen the dollar, it currently shows signs of being overvalued. -
China Experiences Pre-Pandemic Tourism Surge, Bolstering Economic Outlook
China witnessed a significant surge in domestic tourism during the May Day holiday, with the number of trips rising by over two-thirds compared to the previous year, according to government data released on Wednesday. 
China witnessed a significant surge in domestic tourism during the May Day holiday, with the number of trips rising by over two-thirds compared to the previous year, according to government data released on Wednesday. -
China's AI Sector Progresses Despite US Chip Export Limitations
Despite last year's US microchip export controls aimed at stalling China's advancement in supercomputers and AI systems, China's tech sector has experienced minimal disruption. The restrictions targeted shipments of Nvidia Corp (NVDA.O) and Advanced Micro Devices Inc (AMD.O) chips, which are essential for developing AI systems and chatbots. 
Despite last year's US microchip export controls aimed at stalling China's advancement in supercomputers and AI systems, China's tech sector has experienced minimal disruption. The restrictions targeted shipments of Nvidia Corp (NVDA.O) and Advanced Micro Devices Inc (AMD.O) chips, which are essential for developing AI systems and chatbots.
