ByteDance and Alibaba are in discussions with Nvidia about purchasing the H200 chips. The chips have recently been approved by US President Donald Trump for export to China, with a 25% surcharge on each unit, following a ban on anything above Nvidia’s H20 chips. It would not be an exaggeration to say that this was […]
Category:
China’s trade surplus reaches $1tn
China’s trade surplus for the first 11 months of 2025 topped $1 trillion for the first time, reports Reuters. This comes as manufacturers seeking to avoid US President Donald Trump’s tariffs shipped more to non-US markets in November, with exports to Europe, Australia and Southeast Asia surging. Shipments to the United States dropped by close […]
Humanoid and quadruped robot producer Deep Robotics said it had raised RMB 500 million ($70 million) in fresh funding from a group of Chinese investors, reports the South China Morning Post. This latest round of financing was led by CMB International, China Asset Management and funds under state-owned telecommunications network operators China Telecom and China Unicom. Deep Robotics founder and […]
Hong Kong Exchanges and Clearing (HKEX) launched the HKEX Tech 100 Index, reports Caixin. The index is a new benchmark that tracks the performance of 100 of the largest technology companies listed in the city by market value. The index is the first independently developed Hong Kong equity benchmark as the exchange seeks to expand its […]
Airbus has secured Chinese agreement to go ahead with the delivery of 120 previously ordered jets, reports Reuters. However, the European plane maker is still waiting for progress on a new order for hundreds of jets. Airbus has been in on-off negotiations since at least 2024 to try to secure an order for 500 jets, though […]