Biden and Xi’s meeting sent an important signal for U.S. business in China

[ad_1] Biden and Xi met for the first time in about a year in San Francisco on the sidelines of the Asia-Pacific Economic Cooperation conference. “I think for U.S. businesses…

Xiaomi claims a record $3.11 billion in Singles Day sales

[ad_1] YICHANG, CHINA – OCTOBER 29, 2023 – Customers experience Mi 14 series phones at a Xiaomi store in Yichang, Hubei province, China, Oct 29, 2023. (Photo by Costfoto/NurPhoto via…

Nvidia will reportedly sell new chips to China that still meet U.S. rules

[ad_1] U.S. chipmaking giant Nvidia has reportedly found a way to sell high-end chips to Chinese companies — while remaining compliant with U.S. restrictions. Nvidia is set to deliver in…

Chinese business database Qichacha passes Beijing’s security test for resuming overseas operations

[ad_1] Chinese business database Qichacha said it passed a data export security assessment that allows the company to resume overseas operations. Vcg | Visual China Group | Getty Images BEIJING…

Chinese smartphone maker Xiaomi releases a new operating system as it plans car integration

[ad_1] Chinese smartphone and appliance maker Xiaomi announced late Thursday a new operating system — as it seeks to develop its ecosystem with the imminent release of its own car.…

China gives Ehang the first industry approval for fully autonomous, passenger-carrying air taxis

[ad_1] An EHang all-electric Vertical Takeoff and Landing (eVTOL) two-passenger multicopter aircraft, performs an unmanned display flight at a Korean government event at Yeouido island in Seoul on November 11,…

China plans to ease one of the biggest hurdles for foreign business

[ad_1] In a proposed draft, the Cyberspace Administration of China has said no government oversight is needed for data exports if regulators haven’t stipulated that it qualifies as “important.” New…

China VCs have a big problem — and it’s not just a drop in U.S. investor appetite

[ad_1] Among China-focused investment firms, only four U.S. dollar-denominated venture capital funds established between 2015 and 2020 have at least returned investors all the money they put in. That’s according…

Tencent releases AI model for businesses as competition in China heats up

[ad_1] Chinese tech giant Tencent is launching its artificial intelligence model “Hunyuan” for business use at an annual summit on Thursday, Dowson Tong, CEO of the cloud and smart industries…

Baidu gets China’s green light to release its ChatGPT-like Ernie bot to the public

[ad_1] Pictured here is the Ernie bot mobile interface, with the Baidu search engine home page in the background. Future Publishing | Future Publishing | Getty Images BEIJING — Chinese…