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Overall semiconductor industry investment in China saw a decline in the first half of 2025, according a research firm. Photo: Reuters
Semiconductors

China’s first-half semiconductor investment shifts to equipment: report

The change reflects the country’s efforts to establish a self-sufficient supply chain, according to research firm CINNO.

Semiconductors

Voice of doubt in Nvidia’s H20 chips grows louder in China

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Semiconductors

US starts issuing licences to Nvidia to export H20 chips to China, official says

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Robotics

Humanoid haven: China’s new robot store showcases home-grown products

The Robot Mall in Beijing’s E-Town features products from over 40 domestic brands, including Unitree and UBTech.

A man adjusts a humanoid robot at the Robot Mall in Beijing. Photo: AFP
A man adjusts a humanoid robot at the Robot Mall in Beijing. Photo: AFP
Electric & new energy vehicles

Chinese vehicle makers scale back EV discounts on Beijing’s orders

Many carmakers have reduced discounts in response to Beijing’s directives, but they may cut prices again to maintain market share.

US-China tech war

China wants its brain-computer interface firms to rival Musk’s Neuralink

A new policy document boosts related stocks such as Nanjing Panda Electronics and MicroPort NeuroScientific.

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Blockchain

Ant Digital promotes blockchain platform as Hong Kong implements stablecoin law

Ant Group affiliate aims to promote blockchain technology for the tokenisation of real-world assets, executive says.

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Ant Digital, an affiliate of Chinese fintech giant Ant Group, is promoting its blockchain platform for asset tokenisation in Hong Kong. Photo: Shutterstock
Ant Digital, an affiliate of Chinese fintech giant Ant Group, is promoting its blockchain platform for asset tokenisation in Hong Kong. Photo: Shutterstock
Artificial intelligence

Shanghai targets 5 new data centres as China boosts AI capacity

China’s computing power reached 246 exaflops as of June 2024, placing it second only to the US, according to government data.

Electric & new energy vehicles

Tesla shipments slip from China factory as drivers choose domestic EVs

Shanghai plant loses momentum one month after an increase in deliveries halted an eight-month decline.

Cryptocurrency

HKMA’s strict stablecoin regime to shape Hong Kong’s crypto future

Observers surprised after the city’s de-facto central bank says it plans to issue the first batch of licences early next year.

Hong Kong’s stablecoin ordinance has triggered a rush for licences from the HKMA. Photo: Jonathan Wong
Stablecoins

Crypto exchange OSL sees optimism rise as Hong Kong enters stablecoin era

The Hong Kong Monetary Authority is likely to issue the first batch of stablecoin licences early next year.

Hong Kong’s stablecoin era sees heightened optimism over the virtual assets. Photo: Shutterstock
Hong Kong’s stablecoin era sees heightened optimism over the virtual assets. Photo: Shutterstock
Semiconductors

China summons Nvidia to explain ‘back-door’ safety risk of H20 chip

The Cyberspace Administration of China says it has interviewed Nvidia over risks associated with the potential tracking functions of the chips.

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Robotics

China’s humanoid robots put on a show as Tesla’s Optimus kept behind glass

The humanoid robot market segment is seeing demand from enterprises gather speed, as some manufacturers start mass production this year.

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Blockchain

China convicts crypto money launderers who embezzled US$20 million

The case adds to the amount of confiscated crypto assets accumulated by China, which prohibits the trading of such virtual assets.

China has convicted a man accused of embezzling funds from his employer and laundering them in the cryptocurrency market. Photo: Shutterstock
China’s economic stimulus

China’s AI race heats up as Shanghai launches massive subsidy scheme

The city will offer subsidies worth more than US$100 million as it bids to develop a world-class AI ecosystem.

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Visitors browse the booths at the World Artificial Intelligence Conference (WAIC) in Shanghai. Shanghai is one of several Chinese cities that is investing heavily to develop a world-class AI ecosystem. Photo: Reuters
Visitors browse the booths at the World Artificial Intelligence Conference (WAIC) in Shanghai. Shanghai is one of several Chinese cities that is investing heavily to develop a world-class AI ecosystem. Photo: Reuters
E-commerce

Temu accused by EU of breaking rules with illegal product sales

The EU started its probe of Temu last year under the DSA, a sweeping regulation aimed at cracking down on illegal and harmful content online.

Robotics

Back to basics: Keenon Robotics takes pragmatic approach with humanoids

The Chinese robot maker aims to identify simple tasks manageable by current humanoids, instead of creating an all-purpose robot.

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Made in China 2025

China’s booming low-altitude economy spurs demand for ‘drone flight planners’

Beijing eyes growth in the emerging sector, but industry faces a severe talent shortage.

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Employees work on the production line of drones at the workshop of an aviation technology enterprise on May 16, 2024, in Anqing, Anhui province of China. Photo: VCG via Getty Images
Employees work on the production line of drones at the workshop of an aviation technology enterprise on May 16, 2024, in Anqing, Anhui province of China. Photo: VCG via Getty Images
US-China relations

China’s quest for AI self-reliance undeterred by Trump’s new action plan

Growth expected for Beijing’s AI industry despite US curbs, with some estimating a 55 per cent domestic market share for Chinese firms by 2027.

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Hong Kong Monetary Authority (HKMA)

Stablecoin excitement ‘excessive’, Hong Kong Monetary Authority warns

HKMA chief executive Eddie Yue cautions against a ‘bubble’ based on excitement over companies promising stablecoin offerings.

Artificial intelligence

US falling behind China in AI energy race, Anthropic says

The Silicon Valley start-up says it is ‘concerning’ that the US added only one-tenth of the power capacity that China added last year.

Power lines in Mountain View, California. Photo: Reuters
Artificial intelligence

Southern China launches ‘AI super league’ to groom start-ups for Asean

Bordering Vietnam, Guangxi has long been a centre for cooperation with Southeast Asia, where AI demand is set to boom.

Secretary for Innovation, Technology and Industry Sun Dong (second from right) attends the AI super league launch ceremony at Hong Kong’s Cyberport. Photo: Nora Tam
Secretary for Innovation, Technology and Industry Sun Dong (second from right) attends the AI super league launch ceremony at Hong Kong’s Cyberport. Photo: Nora Tam
E-commerce

China’s market regulator summons Alibaba, Meituan, JD amid delivery war

The meeting follows months of fierce competition, during which the companies offered a blizzard of food delivery discounts to win over users.

Artificial intelligence

How open-source AI is helping China win hearts and market share

China’s free-for-all AI models, developed by firms like DeepSeek and Alibaba, present a viable alternative to US closed-source systems.

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Banking & finance

Exclusive | The world must rewrite its financial rules for the tokenised future: BIS

The rise of stablecoins poses new challenges to the global infrastructure for instant payment, clearing and settlement, said the gatekeeper of the world’s central banks.

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Shin Hyun-Song, economic adviser and the head of the monetary and economic department of the Bank for International Settlements (BIS), during an interview in Hong Kong, with a photo of the bank’s headquarters in Basel, Switzerland, behind him on July 14, 2025. Photo: Jonathan Wong
China Future Tech
HIGHLIGHTS FROM
China Future Tech

Tech

Humanoid haven: China’s new robot store showcases home-grown products

A man adjusts a humanoid robot at the Robot Mall in Beijing. Photo: AFP

China Business

Tesla launches longer-range Model 3 EV for China with 14% price bump

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A woman views a Tesla Model 3 during the third China International Supply Chain Expo at the China International Exhibition Center, in Beijing on July 18. Photo: AP Photo

Policy

China’s first-half semiconductor investment shifts to equipment: report

Overall semiconductor industry investment in China saw a decline in the first half of 2025, according a research firm. Photo: Reuters

Tech War

Huawei’s new algorithm could cut China’s reliance on foreign memory chips

The Huawei stand during the World Artificial Intelligence Conference in Shanghai last month. Photo: AFP

China Economy

Beijing urged to curb ‘free milk tea’-style cash burn in e-commerce battle

Ele.me food deliveryman and a Meituan food deliveryman ride on the street on May 14, 2025 in Yancheng, Jiangsu province of China. Photo: VCG via Getty Images
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