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The Latest Breaking News from China

Tech Brief (June 24): ByteDance Targets July Launch of Upgraded AI Video Model

China’s Starlink challenger seeks up to $2.2 billion for satellite network push, Tencent tests AI assistant for enterprise platform

Caixin Global

China ready to implement leaders' consensus, properly handle sensitive issues: Wang Yi

Chinese Foreign Minister Wang Yi met with Prime Minister Narendra Modi in New Delhi, expressing readiness to work with India on sensitive issues and enhance mutual trust. He emphasized deepening cooperation and jointly advancing modernization. Wang also pledged China's support for India's BRICS chairmanship, aiming to promote the bloc's progress…

The Economic Times

Premier says China's tech advancements an 'opportunity' for world, not threat

China's Premier Li Qiang has countered global concerns about the nation's technological surge, framing it as a worldwide opportunity, not a threat. He dismissed claims that hefty state subsidies are the primary driver of China's high-tech boom, attributing its success to a vast domestic market and significant corporate investment. Li…

The Economic Times

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Nasdaq Futures Gain After Brutal Tech Selloff, Micron Earnings in Focus

September Nasdaq 100 E-Mini futures (NQU26) are up +0.40% this morning as investors bought the dip in technology stocks after a brutal selloff in the previous session.

Barchart

China black market Nvidia prices rocket in wake of smuggling crackdown and customs freeze — five-year-old A100 servers triple in price, now fetching up to $82,000

Chinese companies are paying as much as $82,000 for servers built around Nvidia's five-year-old A100 accelerator

Tom’s Hardware

China’s new ‘sin list’: Why Xi Jinping’s anti-corruption crusade is now policing loyalty, lifestyles and even luck

China's decade-long anti-corruption drive under Xi Jinping has transformed from tackling graft to enforcing political loyalty and ideological conformity. Party watchdogs now scrutinize officials' beliefs, associations, and leisure activities, extending beyond traditional bribery to include "political discipline" and "elegant corruption." This broadens the campaign's scope to ensure strict adherence to…

The Times of India

World's fastest supercomputer is now from China, surpassing US and Germany

One of the most interesting use cases for the supercomputer is that it is key to developing models used in artificial intelligence (AI).

Euronews

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Four-winged dinosaur: Scientists just found a four-winged dinosaur in northwestern China, and it may be the predator that left behind piles of crushed bird bones

A remarkable discovery in China has unveiled Jianchangmaensis, a new four-limbed gliding dinosaur, potentially solving a 120-million-year-old mystery. This close relative of Velociraptor, with a wingspan similar to a barn owl, may be the predator responsible for mysterious bone pellets found alongside numerous prehistoric bird fossils. The find expands our…

The Economic Times

Japan says that China has detained 2 of its citizens suspected of smuggling banned items

China has detained two Japanese citizens suspected of smuggling prohibited items, reportedly linked to rare earths

The Independent UK

World risks 'losing control of technology' without AI governance, Chinese PM warns

Chinese Premier Li Qiang on Wednesday warned of "serious consequences" if governments fail to step up regulation of artificial intelligence as he addressed the World Economic Forum in Dalian known as the "summer Davos".

France 24

Premier says China’s tech advancements an 'opportunity' for the world, not a threat

China’s premier defends the country's technological advancements as an opportunity to the world, not a threat

The Independent UK

Business Brief (June 24): China Aims to Boost Auto Consumption

WeChat trials voice-controlled AI assistant, CATL prepares to deliver its first batch of sodium batteries in September

Caixin Global

UK, France, Germany raise alarm about Chinese activities off eastern Taiwan

Britain, France, and Germany have voiced serious concerns over China's recent maritime activities near Taiwan's east coast. These actions, including coast guard patrols and survey ships, are seen as a threat to regional stability and freedom of navigation. The European nations reiterated their opposition to any forceful changes to the…

The Economic Times

Modinomics is appeasement of US, capitulation to China: Congress

The Congress party has criticized the Modi government's economic policies, dubbing them as "Modinomics." They argue that these policies involve appeasing the United States while capitulating to China, citing India's growing trade deficit with China and a shrinking surplus with the US. Discussions are underway for a bilateral trade agreement…

The Economic Times

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The Guardian - UK

Dettol apologises after ‘toxic men’ advert sparks backlash in China

British disinfectant brand withdraws advert about a man’s efforts to find a ‘clean and untouched’ woman

AAP

Choosing between US and China 'offensive': coalition

The opposition has bristled at the assertion Australia must choose between trading with China and keeping in lock step with Washington on defence.

International Business Times UK

Real or AI? Viral China Village Video Leaves Viewers Stunned as Real People Shatter the Miniature Model Illusion

Viral China cave village video sparks debate as viewers question if surreal miniature-style settlement is real or AI-generated.

The Economic Times

India among top AI-ready nations, one of world's least concentrated equity markets: J.P. Morgan

India has emerged as one of the top countries in artificial intelligence (AI) readiness, trailing only the U.S. and China, while remaining one of the world's least concentrated equity markets, according to a recent report by J.P. Morgan.

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The Economic Times

Singling out Huawei, China's premier defends tech rise, rejects subsidy claims

China's Premier Li Qiang has pushed back against claims that state subsidies fuel the nation's tech advancements in areas like AI and EVs. Speaking at a World Economic Forum summit, he attributed China's innovation to substantial firm investments, citing Huawei's resilience against foreign restrictions. Analysts warn of a potential European…

The Economic Times

Taiwan says warning time for any China attack is shortening

Taiwan's military is conducting "immediate combat readiness" drills, simulating a sudden Chinese attack, as Defence Minister Wellington Koo warns of a shrinking warning time. These exercises focus on rapid response and shifting to wartime status. Beijing, however, decried the drills as "malicious intent" by Taiwan's ruling party to seek independence,…

The Economic Times

US remains global leader in AI, but China rapidly closing gap with cheaper models: JP Morgan

The United States stands at the forefront of AI development, yet China is swiftly closing the gap with cost-efficient AI systems. Chinese companies are making headway in corporate environments by offering significantly lower operational costs than their American counterparts. This trend may accelerate as organisations prioritise cost-cutting, despite the continued…

The Economic Times

India's textile industry poised for long-term growth as global sourcing shift gathers pace: Siddhartha Khemka

India's textile sector is poised for significant growth, driven by a global shift in sourcing away from China and a cyclical recovery in demand. Experts highlight that geopolitical risks and rising costs are pushing brands to diversify, creating a multi-year opportunity for India. Proposed free trade agreements with the UK…

The Economic Times

Chinese EV makers are shut out of India - but their tech isn't

Despite India's restrictions on Chinese automakers, their electric vehicle technology is finding its way into the Indian market. Tata Motors and JSW Motor are partnering with Chinese firm Chery, utilizing their platforms for EV production. This strategy allows Indian companies to accelerate EV launches while Chinese firms tap into India's…

Bangkok Post

Japan PM heckled at World War II memorial

TOKYO - Japanese Prime Minister Sanae Takaichi was heckled at a World War II memorial event by protesters angry about Tokyo's further shift away from its decades-long pacifist stance, television footage showed.

The Economic Times

Qualcomm in talks to provide custom chip-design services to ByteDance

US chip giant Qualcomm is reportedly in talks with Chinese tech behemoth ByteDance, parent of TikTok, to design custom chips. This move signals Qualcomm's bid to diversify beyond its core smartphone market and highlights continued US-China tech business engagement despite geopolitical tensions. The potential deal could involve video processing units,…

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