US lawmakers say China ‘used’ gaps in chip export rules allowed China to buy $38 billion worth chipmaking tools

US lawmakers say China ‘used’ gaps in chip export rules allowed China to buy $38 billion worth chipmaking tools

Gaps among US and allied export restrictions have allowed Chinese companies to purchase nearly $40 billion worth of advanced semiconductor manufacturing equipment, essentially hitting the efforts to limit Beijing’s chipmaking capabilities, according to a bipartisan congressional investigation.According to news agency Reuters, the report by the US House of Representatives Select Committee on China found that…

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Volkswagen is using Xpeng

Volkswagen is using Xpeng’s autonomous driving tech in its China EVs

Volkswagen is teaming up with Xpeng to integrate the Chinese carmaker’s advanced autonomous driving solution XNGP into its upcoming electric vehicles for China. The move marks a major milestone in Volkswagen’s efforts to localize its EV technology under its ‘in China for China’ strategy. Starting in 2026, the German carmaker’s China-bound models will feature XNGP,…

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China launches film-driven tourism campaign to boost holiday consumption

China launches film-driven tourism campaign to boost holiday consumption

China has launched a film-driven tourism campaign to boost holiday consumption during the National Day and Mid-Autumn Festival break, running from October 1 to 8, with service providers across the country rolling out themed activities, discounts, and cross-industry promotions. This includes a national campaign titled “Travel Following Movies,” which, alongside the Film Consumption Year initiative,…

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China launches world’s first commercial underwater data centre in Hainan

China launches world’s first commercial underwater data centre in Hainan

The world’s first commercial underwater data centre is now operational in China’s Hainan, as the island province pushes to attract foreign investment by expanding the blue economy in the country’s largest pilot free-trade zone. The servers manage digital services from restaurant recommendations to travel hacks, and will be installed in a 1,300-tonne underwater data cabin…

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