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Chinese President Xi Jinping and US President Donald Trump arrive for a White House state dinner. Photo: Reuters
2026 Xi-Trump summits

Xi at White House, trade truce extension, Golden Week travel

This week: Xi Jinping and Donald Trump discuss AI and Taiwan in summit, the trade-war truce is prolonged until January, and China cracks down on fentanyl. Next week: Manufacturing PMI may show third month of contraction, RoboTechnik headlines four Hong Kong IPO debuts, holidaymakers take advantage of National Day golden week, and more.

US-China tech war

Xi-Trump dinner puts US tech titans in spotlight – what does it mean for ties?

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Alibaba

Alibaba unveils ‘pragmatic’ AI road map to drive monetisation as capex soars

Alibaba

Alibaba Cloud set to open new data centres in Europe as overseas push gains pace

The tech giant is set to add extra capacity to help international clients deploy real-world artificial intelligence.

Visitors at the 2026 Apsara Conference in Hangzhou on Tuesday. Photo: Getty Images.
Visitors at the 2026 Apsara Conference in Hangzhou on Tuesday. Photo: Getty Images.
Ant Group

Fintech giant Ant Group restructures Alipay around AI agents to drive growth

Agentic commerce is entering a phase of ‘explosive, large-scale growth’, Ant CEO Cyril Han Xinyi said in an internal letter on Monday.

Alibaba

Alibaba debuts ‘China’s most powerful’ AI chip, teases 10-trillion-parameter model

The tech giant also aims to scale its Alibaba Cloud global data-centre capacity to more than 20 gigawatts by 2032.

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US-China tech war

As AI safety fears mount, can a US-China hotline prevent a global crisis?

Washington and Beijing are seeking new ways to manage risks as competition intensifies, though analysts warn establishing effective safeguards may prove difficult.

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Vice Premier He Lifeng shakes hands with US Treasury Secretary Scott Bessent before their talks in New York, the Unites States, on Sunday. Photo: Xinhua
Vice Premier He Lifeng shakes hands with US Treasury Secretary Scott Bessent before their talks in New York, the Unites States, on Sunday. Photo: Xinhua
2026 Xi-Trump summits

US, China agree AI dialogue ahead of Trump-Xi summit

Eight hours of trade talks on Sunday produced agreements on artificial intelligence and trade as President Xi Jinping readies to fly to the US.

US-China tech war

Neither the US nor China can win the AI race alone, BofA analyst says

American power grid limits and China’s reliance on overseas chips mean both nations must lean on international cooperation.

US-China tech war

In Focus | Will US cloud computing restrictions rain on China’s AI parade?

If Washington expands its tech blockade to include cloud networks, China’s AI sector will face its most severe choke point since the chip bans.

Illustration: Huy Truong
DJI

China’s Insta360 opens first US flagship store in New York’s Times Square

Action camera maker Insta360 is opening a New York City flagship as it navigates price wars with DJI, soaring memory costs.

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Insta360 is a competitor to DJI in the drone and action-camera market. Photo: Handout
Insta360 is a competitor to DJI in the drone and action-camera market. Photo: Handout
Alibaba

Alibaba open-sources AI model that can detect cancer and nearly 150 conditions

Tested on nearly 40,000 real-world exams, the model outperformed most radiologists, according to a new study published in Science.

Artificial intelligence

China’s top AI models generate just 10% of OpenAI, Anthropic revenue: report

ByteDance led the Chinese group in ARR at US$4 billion as of July, followed by Alibaba at US$2.4 billion in August, Rhodium Group found.

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Semiconductors

Chip foundries better shielded in AI slowdown than Asia-Pacific tech peers: S&P

Contract chipmakers like TSMC are well protected against spending contractions by hyperscalers, based on stress tests by the ratings agency.

The Taiwan Semiconductor Manufacturing Company logo at Hsinchu Science Park in Taiwan. Photo: AFP
Huawei

China to see major shift to Huawei for AI model training in 2027: deputy chair

The firm’s Ascend chips are ahead of Nvidia in domestic market, Huawei’s Eric Xu Zhijun says.

People visit an exhibition during Huawei Connect 2026 in Shanghai on Thursday. Photo: AFP
People visit an exhibition during Huawei Connect 2026 in Shanghai on Thursday. Photo: AFP
Huawei

How Huawei plans to bypass US chip curbs with its latest technology

The Chinese tech giant is leveraging its UnifiedBus technology to link hundreds or thousands of chips into single computing unit.

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Semiconductors

Once reliant on Korean memory, Chinese smartphone makers are turning to CXMT

Fuelled by a global memory shortage, China’s CXMT is winning spots in flagship handsets from ByteDance-powered AI devices to Xiaomi’s top models.

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Semiconductors

Huawei quickens AI chip pace, promises next entrant 3 quarters early

Company says ‘performance-doubling’ Ascend 960DT training chip to debut in first quarter, followed by 960PR inference chip in third quarter.

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The Huawei logo is seen on glass at the compamy’s Lianqiu Lake research campus during a media tour in Shanghai on September 16, 2026. Photo: AFP
The Huawei logo is seen on glass at the compamy’s Lianqiu Lake research campus during a media tour in Shanghai on September 16, 2026. Photo: AFP
Huawei

Huawei unveils latest tech to boost AI power, curb China’s Nvidia reliance

Its SuperPoD will face off against offerings by US rivals in the global computing power arena, including Nvidia’s NVL system.

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Semiconductors

China’s AI chip stocks face crucial test as MetaX lock-up period expires

The Chinese AI chip firm enjoyed a blockbuster market debut in December, but its stock is now under pressure ahead of a major share release.

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Artificial intelligence

As appetite for US rivals grows, global funds flock to China’s Moonshot: sources

Start-up draws intense international interest through offshore vehicles chasing alternatives to US systems, insiders say.

Moonshot has seen mounting interest from overseas players ranging from European investment firms to Middle East family offices. Photo: Reuters
Artificial intelligence

China is beating the US in consumer AI adoption, thanks to super apps: report

While the US has a lead in frontier AI, China’s advantage stems from distributing services through platforms tailored to local habits.

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The paid version of ByteDance’s Doubao app. Photo: CFOTO/Future Publishing/Getty Images
The paid version of ByteDance’s Doubao app. Photo: CFOTO/Future Publishing/Getty Images
Artificial intelligence

Forget AI KPIs: how China’s tech giants are rationing tokens for employees

Employees at Baidu, Alibaba, Tencent and ByteDance all report tightening token policies, with some staff asked to co-pay to use US AI models.

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Low-altitude economy

Big Macs from above: Meituan and McDonald’s launch drone delivery in Shanghai

Fast-food orders will soar through the Shanghai sky, quickly reaching designated kiosks along the West Bund, offering a new way to collect meals.

Donald Trump

Trump downplays AI development checks, says unwilling to cede edge to China

The US is leading China in the development of AI and ‘frankly, I want to keep it that way because whoever wins AI wins’, Trump said.

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US President Donald Trump speaks to journalists before boarding Air Force One at Shannon Airport in Shannon, Ireland on Sunday. Photo: AP
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