China’s Ministry of Commerce has condemned proposed U.S. investigations and sanctions targeting Chinese AI companies, calling the moves a typical example of “AI hegemony” and saying they lack a factual and legal basis.
The ministry said the U.S. is applying double standards and warned that China will take measures to protect the legitimate rights and interests of its enterprises if the actions cause substantive harm.
NEWS SUMMARY
Power trading volume in China’s electricity market rose 24.2% year-on-year in the first half.
Cao Cao Mobility has begun testing its robotaxis without safety drivers behind the wheel.
Contact editor Lin Jinbing (jinbinglin@caixin.com)
