May 18, 2025
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NIP's Global Aspirations Fueled by Abu Dhabi
Hicham Chahine, co-founder of Chinese esports behemoth NIP, outlined the company's global ambitions following their expansion into Abu Dhabi. Chahine highlighted that a major part of NIP's fan base now extends beyond China, a region he regards as a more 'advanced' video gaming market.
May 18, 2025
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Chinese Concertgoers Boost Tourism
Enthusiastic music lovers are traversing the lengths and breadths of China to catch a glimpse of their favourite stars. Their travels and subsequent spending are providing a significant uplift to the nation's consumption, thereby stimulating tourism.
May 17, 2025
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UK Surpasses China as US's Major Creditor
The United Kingdom has outpaced China to become the second-largest foreign holder of US Treasuries. This shift comes as Beijing implements strategies to diversify its foreign exchange reserves.
May 17, 2025
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Nvidia's AI Chips: No China Diversion
After participating in a Middle Eastern trip with a US delegation headed by President Donald Trump, Nvidia's CEO, Huang, expressed his confidence that there has been no diversion of their AI chips into China. He also applauded the expansion of Nvidia's hardware trade.
May 17, 2025
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China's Blind-Box Toys Enthrall Europe
European consumers are going wild for Chinese blind-box toys, indicating a noteworthy improvement in Chinese brands' ability to captivate Western markets.
May 17, 2025
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ORI Capital's Big Bet on Chinese Biotech
ORI Capital, a Hong Kong-based investment firm, is setting its sights on China's burgeoning biotech sector. The firm is gearing up to launch a staggering $350 million fund, banking on the power of Artificial Intelligence to outperform the market.
May 16, 2025
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Trade Deal Fails to Aid UK Firms
Despite the US-China trade agreement, UK companies are still under pressure due to China's continued rare earth export restrictions. These constraints are revealed in official documents without any clear indication of being lifted post-deal. This has resulted in the hindrance of UK-based magnet purchasers, subjected to a sluggish approval process.
May 16, 2025
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Alibaba's AI Dominance Skyrockets
Alibaba is solidifying its position as an AI powerhouse, with its cloud division reporting the most rapid growth since 2022. Additionally, the company is making significant internal investments, focusing on blending AI technologies with its conventional e-commerce operations.
May 16, 2025
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Tech Gap Widens Between US & China
The absence of sophisticated chips in China could potentially impede the widespread integration of AI models, according to Tencent Cloud's executive Wang Qi. He suggests that the recent chip export restrictions imposed by Washington could exacerbate the disparity in AI adoption between the US and China.
May 16, 2025
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Korean Shipyards in a Bind
While China grapples with the impact of America's proposed increase in docking fees for Chinese-made ships, South Korean shipbuilders are not sailing smooth waters either. They are dealing with their own set of challenges, primarily capacity restrictions.
May 16, 2025
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DeepSeek's Innovative Use of Nvidia Chips
A recently published paper co-written by DeepSeek's founder, Liang Wenfeng, provides fascinating insights into how the start-up harnessed the power of 2,048 Nvidia chips to compete with OpenAI. The paper credits their success to an ingenious blend of hardware and software design.
May 16, 2025
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Huawei's Chip Division Flourishes
In 2024, Huawei's chip manufacturing subsidiary, HiSilicon, saw a significant leap in revenue, thanks to the impressive sales of Huawei's Pura 70 and Mate 70 smartphones, as reported by Counterpoint Research. This growth underscores Huawei's increasing dominance in China's smartphone market.