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The Latest Breaking News from Shanghai

US-China Business Confidence Falls To Record Low Amid Rising Tensions

A new survey by the American Chamber of Commerce in Shanghai shows only 41% of U.S. companies are optimistic about their five-year outlook in China—the lowest reading since the survey began in 1999.

International Business Times

Trump Faces Corporate Pushback As 122 American Companies In China Demand Tariff Relief Amid Revenue Volatility

Nearly half of U.S. companies operating in China are urging President Donald Trump to eliminate all tariffs on Chinese goods, according to a new survey released by the American Chamber of Commerce in Shanghai.

Benzinga

Nvidia Rival Cambricon Plunges Nearly 12% In Shanghai As Profit-Taking Hits After August's Meteoric Rally

Cambricon Technologies Corp. Ltd. plunged 11.90% in Shanghai trading Thursday morning, marking its steepest intraday decline since January.

Benzinga

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What leading a global architecture firm has taught me about AI’s power to transform business

At Gensler, from Shanghai to San Francisco, London to LA, our studios, designers, strategists and storytellers are embracing AI with curiosity and purpose.

Fortune

China subsidizes AI computing for small domestic companies — 'computing power vouchers' spread across multiple Chinese cities

China is expanding its small and medium businesses' access to AI compute resources through the use of 'compute power vouchers' that subsidize the cost of training AI models.

Tom’s Hardware

Putin blames West and NATO for Russia's war in Ukraine at China summit

Russian President Vladimir Putin once again defended the full-scale invasion in early 2022 as a response to a Western-supported coup and NATO's influence, a claim he never backed with evidence.

Euronews

Xi, Putin and Modi to meet in China – but don’t expect their Eurasian bloc summit to agree on anything important

The upcoming summit of the Shanghai Cooperation Organization (SCO) in Tianjin, China, from August 31 to September 1, will be the organisation’s largest gathering of heads of state to date. It comes at a time when the existing liberal international order is rapidly disintegrating. But rather than offering a concrete…

The Conversation

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Aljamain Sterling hits out at ‘stupid’ rule in Brian Ortega fight at UFC Shanghai

The former bantamweight champion will face Ortega at featherweight, in a five-round co-main event

The Independent UK

How Ambition and Accidents Toppled the Chief of Shanghai’s State Investment Giant

The rise and fall of Shanghai’s investment king, now under investigation for corruption

Caixin Global

I Drove The BYD Seagull. This $8,000 Chinese EV Is Scary Good

Once China's best selling car, we head to the streets just outside of Shanghai to see just how good it is.

InsideEVs

“Fashioning” a More Sustainable Future

In Shanghai, a cohort of experts brought together by 'Marie Claire' and Kering discuss sustainability and style for a new generation.

Marie Claire

Disneyland Policy Slammed After 'Tigger' Collapses From Heat Exhaustion: 'Why Didn't They Take The Headpiece Off?'

A performer collapsed in 35°C heat at Shanghai Disneyland during a parade, sparking backlash over strict rules preventing costume head removal during medical emergencies.

International Business Times UK

Chris Arnade on China, Wall Street, and Walking Around the World

"I walked the entire length of the New York subway system above ground. I've always been into walking," says the author of the Chris Arnade Walks the World newsletter.

Reason

Polestar Is Doing Great. Except In China, Where It Sold 69 Cars All Year

Polestar has reportedly closed all of its Chinese stores aside from one in Shanghai. Could it exit China soon?

InsideEVs

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The Independent UK

Thailand and Cambodia reaffirm ceasefire after China-brokered meeting in Shanghai

Thailand and Cambodia have reaffirmed a fragile ceasefire after days of fighting along the shared border

International Business Times

Shanghai Evacuates 283,000 People As Typhoon Hits

Shanghai has evacuated almost 283,000 people from vulnerable coastal and low-lying areas as Typhoon Co-May made landfall in the Chinese financial hub on Wednesday evening, bringing lashing rains and winds.

The Independent UK

Typhoon Co-May: China evacuates 283,000 people and cancels flights in Shanghai

Co-May's landfall in port city of Zhoushan was followed by warnings of a tsunami set off by a powerful earthquake off Russia's far east

Benzinga

Pony AI Stock Dips Despite Major Shanghai Robotaxi Permit

Shares of autonomous driving firm Pony AI Inc (NASDAQ:PONY) are trading lower Tuesday, bucking positive operational news. The company announced Monday it secured a landmark permit for fully driverless commercial robotaxi services in Shanghai’s Pudong financial district.

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news in one place.

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Euronews

AI battled doctors in a live showdown to diagnose patients. Who came out on top?

While the AI system was faster and about as accurate, doctors offered more empathetic and personalised reports in a diagnostic competition in Shanghai.

Benzinga

Pony.ai Gets Green Light For Driverless Robotaxis In Shanghai's Pudong

Pony AI (NASDAQ:PONY) announced Saturday that it has received a permit to operate fully driverless commercial robotaxi services in Shanghai’s Pudong financial district.

Benzinga

Alibaba's New AI Glasses Let You Pay, Navigate, And More

Alibaba Group Holding (NYSE:BABA) has entered China’s competitive smart glasses market, unveiling its first AI-powered wearable, Quark AI glasses, at the World Artificial Intelligence Conference in Shanghai.

International Business Times

Humanoid Robots Embodiment Of China's AI Ambitions

Serving craft beer, playing mahjong, stacking shelves and boxing, the dozens of humanoid robots at Shanghai's World AI Conference (WAIC) this weekend were embodiments of China's growing AI prowess and ambition.

International Business Times UK

Kanye West Slammed by Fans in Shanghai as 'Worst Concert Ever' Sparks Refund Chants

At a packed Shanghai Stadium, Kanye West's rare live gig turned chaotic. Fans faced a 40-minute delay, technical problems, accusations of lip-syncing, and even calls for refunds. Given the recent fallout from his pro-Nazi song and ongoing legal troubles, the concert sparks urgent questions about the artist's divided public image.

We Got This Covered

‘Worst’: Kanye West flaunts his superiority complex as he betrays thousands who should’ve known better

Kanye West didn't seem to care much during his most recent concert.

BANG Premier

Kanye West fans chant for refund at chaotic Shanghai gig

Kanye West's fans in Shanghai were left dismayed after he showed up late to his concert and suffered a series of technical setbacks.

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Alexander Volkanovski

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