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24.04.26 - 19:09
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China Curbs US Investment In Tech Companies After Meta Acquisition Of Manus (ZeroHedge)
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China Curbs US Investment In Tech Companies After Meta Acquisition Of Manus
Following earlier news that China has blacklisted 7 EU defense and aerospace firms over their dealings with Taiwan, Bloomberg reports that China plans to restrict top technology firms, including leading AI startups, from accepting US capital without government approval.
Chinese regulators, including the National Development and Reform Commission, have recently instructed several private technology firms to reject U.S. investment in funding rounds unless explicitly approved, the report said. The commission - a powerful state planning agency with broad policy-making powers - is now heading a multi-agency probe that includes the Ministry of Commerce into the deal and its repercussions, the people said.
AI startups Moonshot AI and StepFun were among the companies that received the guidance, the report said, adding that TikTok owner ByteDance has also been told it should not allow secondary share sales to ...
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24.04.26 - 18:24
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′Look, no hands′: China chases the driverless dream at Beijing car show (The Guardian)
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As domestic sales slow manufacturers are investing in AI and seeking growth in technology and in overseas marketsAt the world's biggest car fair, which opened in Beijing on Friday, there were hundreds of manufacturers, more than 1,000 vehicles, hundreds of thousands of enthusiasts – and hardly anyone behind a wheel.China's car companies have cornered the domestic electric vehicle market, and are increasingly visible on the global stage. Now they're turning their attention to what they are betting is the future of mobility: autonomous driving. Continue reading......
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24.04.26 - 17:00
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US crackdown threat could shake out China′s ′distillation′ AI copycats (SCMP)
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The administration of Donald Trump has threatened action to shield the US artificial intelligence industry from being “distilled” by Chinese rivals, in a move analysts say could weed out weaker players in China's AI sector within a year.
In a memo released on Thursday, Michael Kratsios, the science and technology adviser to the US president, warned that “surreptitious, unauthorised distillation campaigns” were enabling foreign entities – mainly in China – to release models that appear to match......
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24.04.26 - 16:30
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Huawei, DeepSeek strengthen China′s AI self-reliance with collaboration on V4 model (SCMP)
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Huawei Technologies' newest Ascend 950PR and 950DT chips enjoyed “day zero” adaptation to DeepSeek's latest V4 model, the Shenzhen-based tech giant said in a livestream on Friday, just hours after the model's release.
The hardware-software collaboration between the two Chinese firms underscores the progress China has made in tech self-reliance, a top national priority for Beijing amid US efforts to block its access to advanced semiconductor chips and chipmaking equipment.
During the livestream......
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24.04.26 - 15:45
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Automesse Peking: Warten auf die Auferstehung (Sueddeutsche)
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Auf der Pekinger Automesse präsentieren die deutschen Hersteller, was sie aus verlorenen Jahren gelernt haben: dass man chinesischen Kunden am besten gibt, was chinesische Kunden wollen. Reicht das, um im größten Automarkt der Welt wieder Fuß zu fassen?...
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24.04.26 - 15:39
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China Blacklists EU Defense, Aerospace Firms Over Taiwan Dealings (ZeroHedge)
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China Blacklists EU Defense, Aerospace Firms Over Taiwan Dealings
China has newly placed a slew of EU defense and aerospace firms on a control list, or effectively a new blacklist, reportedly with an eye on Taiwan tensions. It has barred its exporters from supplying dual-use items to seven EU firms, including FN Herstal and Omnipol a.s., according to a statement from the Chinese commerce ministry.
The ministry said the measure targets European defense companies that previously sold arms to Taiwan or maintained links with it, and stated the restrictions will not affect normal economic and trade exchanges with the European Union.
Chinese media file image
Beijing said it will continue working with other countries to safeguard peace and maintain a stable global supply chain, in its usual boilerplate rhetoric directed at the West regarding Taiwan, which China sees as its own.
Other firms named include Hensoldt AG, Excalibur Army, SpaceKnow Inc., VZLU Aerospace, and FN Browning. The companies are m...
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24.04.26 - 15:00
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Chinese EV makers target global expansion at Auto China amid energy shock (SCMP)
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Chinese electric vehicle (EV) makers at the Beijing auto show are shifting their focus to overseas markets, banking on opportunities from the Middle East crisis to boost profitability amid weak sales at home.
“Going global has become a top choice for Chinese EV builders as they struggle to break even,” said Phate Zhang, founder of Shanghai-based data provider CnEVPost. “The Middle East crisis is acting as a strong catalyst to bolster their overseas deliveries.”
Nearly all major EV assemblers......
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24.04.26 - 14:06
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China′s DeepSeek Unveils AI Model To Challenge Anthropic, OpenAI | The Pulse 4/24 (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:
Wei Li, BlackRock, Global Chief Investment Strategist; Clemens Fuest, Ifo Institute, President; Clément Therme, International Institute for Iranian Studies, Non-Resident Fellow; Francesca Ghiretti, RAND, Europe China Initiative Director. (Source: Bloomberg)...
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