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Profits jumped by 10% in the first two months of 2024, data from the National Bureau of Statistics showed, suggesting that economic conditions are improving
Beijing claims Washington is using the cover of climate change and emissions reductions to avoid subsidising Chinese products in its EV supply chain
Sources say the meeting was deliberately scheduled separately from the China Development Forum held this week, where an event between Premier Li Qiang and visiting foreign CEOs was axed
The team presented the groundbreaking chips at the biggest integrated circuit industry event of the year
Beijing on Tuesday accused the US and Britain of slandering and smearing China and urged them to stop politicising cybersecurity, and imposing unilateral sanctions on the country
US chipmakers Intel and AMD, plus software giant Microsoft are likely to be hit hard as China ramps up its push to replace foreign tech with locally made products, analysts say
Chinese EV battery-maker is in talks with Tesla and other automakers to licence its battery technology in the United States, new report says
Korean chipmaker plans to build a cluster of four fabrication plants in Gyeonggi near Seoul, with work to begin next year on the $90-billion project, which could be the "largest fab complex in the world"
Vice Commerce Minister Guo Tingting said "China will fully guarantee national treatment for foreign companies", but did not explain how it would do that
The guidance from Beijing also asks authorities and agencies to shun Microsoft’s Windows operating system and foreign-made software in favour of domestic options
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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