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27.03.26 - 14:36
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China′s tech self-sufficiency drive reaches new milestone with powerful RISC-V chips (SCMP)
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China's ambition to cut its reliance on foreign semiconductor technology achieved a notable milestone this week, with the launch of two powerful chips based on the open-source RISC-V architecture.
Xiangshan, a high-performance processor unveiled by the Chinese Academy of Sciences (CAS) at the Zhongguancun Forum in Beijing on Thursday, is the latest effort to push the boundaries with RISC-V architecture.
With the central processing unit (CPU) core achieving a score of 16.5 points/GHz under SPEC......
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27.03.26 - 14:06
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Pain at the pump fuels EV rush in China, driving a timely boost for carmakers (SCMP)
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Rising fuel costs triggered by the Middle East crisis are emerging as an unexpected tailwind for China's electric vehicle (EV) makers, as consumers increasingly pivot towards battery-powered cars to avoid surging petrol bills.
With Brent crude climbing past the psychologically significant US$100-a-barrel mark – and now trading above US$110 – mainland buyers are turning away from petrol vehicles, according to dealers and analysts.
“It's a no-brainer for me now,” said Wang Wenbo, a 25-year-old......
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27.03.26 - 13:36
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Iran War & China-US Trade Probe Pull Stocks Lower | The Pulse 3/27 (Bloomberg)
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Today's guests:
Phoenix Kalen, SocGen CIB, Global Head of Emerging Markets Research; Henrietta Pacquement, Allspring Global Investments, Fixed Income Chief Operating Officer; Pascal Confavreux, France Foreign Ministry Spokesperson; Jasmine El-Gamal, Averos Strategies, Founder and CEO; Amy Gower, Morgan Stanley, Metals and Mining Commodities Strategist. (Source: Bloomberg)...
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27.03.26 - 13:36
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OpenClaw effect: explosion in AI token use adds fuel to Chinese AI development (SCMP)
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The recent nationwide frenzy to adopt OpenClaw, an open-source artificial intelligence agent, has pushed token use to new levels and given fresh momentum to China's booming AI sector, according to industry experts at a state-backed conference on Friday.
“Since late January token consumption [on my company's platform] has been doubling every two weeks, and by now it has increased roughly tenfold,” said Xia Lixue, co-founder and CEO at Infinigence, a Beijing-based AI computing service provider,......
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27.03.26 - 13:36
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Top US AI conference apologises after sanctions policy sparks backlash in China (SCMP)
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The organisers of a leading artificial intelligence conference have apologised after a new policy that appeared to bar US-sanctioned entities from participating sparked a backlash in China, saying the ban was more limited than initially indicated.
The apology came after several major Chinese professional bodies urged domestic researchers to boycott the event, amid concerns that prominent tech groups such as Huawei Technologies would be excluded.
In a statement on Friday, the Conference on Neural......
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27.03.26 - 10:49
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Iran Conflict Drives Surge In China EV Demand (ZeroHedge)
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Iran Conflict Drives Surge In China EV Demand
A sharp rise in oil prices tied to the US-Israel confrontation with Iran is likely to speed up the global transition to electric vehicles, strengthening a shift that has already helped China overtake Japan as the world's top car seller, according to South China Morning Post.
Crude prices have surged past $100 a barrel amid fears of disruption to energy supplies, particularly through the Strait of Hormuz. US President Donald Trump escalated tensions by warning he would “obliterate” Iran's power plants if shipping through the strait was not restored within 48 hours.
Analysts say such risks could have a direct impact on consumer behavior. “The closure of the Strait of Hormuz could be a game-changer for EVs,” said David Brown of Wood Mackenzie. He noted that the recent “eye-watering” 50 per cent spike in oil prices would make electric vehicles more financially attractive. “In those countries with access to low-cost Chinese EVs, the comp...
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