China’s provincial governments were forced to spend billions on Xi Jinping’s zero-Covid policy and have been hit hard by the country’s property woes

China now has at least 130 large language models, accounting for 40% of the global total and just behind the US’s 50% share, with dozens of 'industry-specific LLMs' that link to a core model

The announcement came after customs data showed China had completely blocked its exports of germanium and gallium products in August

Top South Korean chipmakers Samsung and SK Hynix currently have permits to import US chip-making equipment into China, where they have extensive production facilities

Apple has seen an enthusiastic response for its iPhone 15 in China, despite moves to curb use of iPhones at some government offices and speculation it may face competition from a new Huawei model

A big fall in hydropower being generated by dams in China and India this year has forced the two Asian giants to use more coal and fossil-fuel sources

China’s blue-chip dipped 0.8%, with Hong Kong’s Hang Seng and the ASX in Sydney both tumbling 1.3%, while the BSE Sensex in Mumbai was also down 0.85%.

China’s Ministry of State Security made the claims in a report titled “Uncovering the main despicable means of cyberattacks and secret theft by US intelligence agencies”

Reformers say structural changes needed, such as residency permit reforms for migrant workers, while others want spending on hospitals and aged care facilities

China exported no wrought germanium products last month, compared to 8.63 metric tons in July when volumes doubled from June as foreign buyers rushed to lock in supply ahead of export curbs

Regulators have checked with major brokers recently on short-selling activities and quant clients' trading strategies, which could cause them to curb moves that contribute to market volatility or short-selling

France’s decision — which follows an EU investigation into Chinese state subsidies for EV production — is aimed at reducing the country’s carbon footprint through imports, an official said