Hong Kong has become the main artery for high-tech goods flowing in and out of China, and its chip trade has hit record levels. The city accounted for more than half of China’s $239bn in semiconductor imports in the first five months of 2026, according to a Bloomberg review of official data. That share stood at […]
China released draft amendments to its e-commerce law on Saturday, proposing 20 provisions that would expand the law’s reach beyond platforms and merchants to cover a wider range of participants in the digital economy. The proposal, jointly issued by the State Administration for Market Regulation and the Ministry of Commerce, is open for public consultation until 4 […]
China’s cinemas are being told to stop relying on tickets alone. New guidelines from the National Film Administration and the State Administration for Market Regulation encourage theatres to add AI concierge agents, karaoke booths and coffee shops to their lobbies, according to Bloomberg. The same guidance nudges operators toward movie-themed merchandise stores, licensed products, art exhibitions […]
Alibaba has banned its employees from using Claude Code, Anthropic’s AI-powered coding agent, after security researchers discovered that the tool contained hidden code designed to identify Chinese users. The ban, effective 10 July, follows weeks of escalating conflict between the two companies over allegations that Alibaba stole Anthropic’s AI capabilities through industrial-scale distillation. “As Claude Code was […]
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China’s securities regulator has approved Unitree Robotics’ registration to list on Shanghai’s STAR Market, clearing the last formal hurdle before the humanoid robot maker can price and sell shares. The approval, confirmed by Reuters on Thursday, values the planned offering at roughly $619 million, or about 4.2 billion yuan, a figure that lines up closely […]
Kling AI, the video generation unit of Chinese tech company Kuaishou, has raised an initial two billion dollars in venture capital funding, the company said on Thursday. Further investors could still join the round, potentially pushing the total to roughly three billion dollars and diluting Kuaishou’s stake to about 68 percent, according to Kuaishou’s statement. […]
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Chinese startup’s latest AI model has landed fourth on one of the industry’s most closely watched intelligence rankings, and it costs a fraction of what Anthropic or OpenAI charge for comparable performance. GLM-5.2, released last month by Beijing-based Z.ai, has become the talk of Silicon Valley for coding and agentic capabilities that edge close to […]
