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Both firms have seen their market shares squeezed by local rivals such as smartphone-maker Huawei and electric vehicle giant BYD, while a larger economic slowdown shadows China
Telecoms traffic through the vital waterway has been reduced by about 25% amid a missile campaign targeting shipping in the region
Government work report says it wants to mobilize resources to raise China's capacity for innovation to help it to become self-sufficient in emerging technologies
Nvidia’s chief executive said AI can already pass legal bar exams and could be able to tackle specialised medical tests in five years’ time
The advisory comes after India's top tech minister lambasted Google's Gemini AI tool for a response that said Indian Prime Minister Narendra Modi has been accused of implementing "fascist" policies
Brands like Tecno, Infinix and iTel, which have never been sold in mainland China, accounted for 48% of the smartphone market in Africa in 2023
Thai police helped transfer 900 Chinese nationals who were stuck in a notorious criminal enclave in eastern Myanmar get flights back to their homeland over the past few days
Information Technology minister said the move on Friday, which follows a long dispute over the group's service fee charges, 'cannot be permitted'
Premium electric vehicle brand IM Motors has raised more than 8 billion yuan ($1.1 billion) in its Series B round of equity financing. The money will be used on 'smart car' models and technologies
US president has strong political motives for ordering a US review of the security risks presented by Chinese vehicles, analysts say
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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