China can narrow its technological gap with the US driven by growing risk-taking and innovation, though the lack of advanced chipmaking tools is hobbling the sector, reports Reuters. This is based on comments from the country’s leading artificial intelligence researchers. Yao Shunyu, a former senior researcher at ChatGPT maker OpenAI who was named technology giant Tencent’s […]
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The US Federal Communications Commission (FCC) has carved out targeted exemptions from its sweeping drone import ban, allowing select foreign-manufactured drones and components to remain in the US market, while reinforcing its hardline stance against Chinese suppliers, reports Caixin. The exemptions, announced January 7, refine a broader prohibition imposed in December 2025 over national security concerns. […]
A wave of international retailers have announced major store closures across China, including the likes of Ikea, Zara, Zara Home and Lane Crawford. As many big international brands are moving their China business online, shopping centre vacancies are on the rise, and rent prices are falling. The same is happening with office space across China’s […]
In 2025, China’s new-home sales fell to their lowest level since before 2010, and around 50% below their 2021 peak, reports Caixin. Total sales area for new commercial properties in 2025 was approximately 890 million square meters, a year-on-year drop of about 9%, while sales value fell approximately 13% to RMB 8.4 trillion ($1.2 trillion), said […]
Nvidia is requiring full upfront payment from Chinese customers seeking its H200 chips, reports Reuters. This is reportedly in response to ongoing uncertainty over Beijing’s approval of the shipments, said two people briefed on the matter. The US chipmaker has imposed unusually stringent terms requiring full payment for orders with no options to cancel, ask for […]