China News
Circle’s (CRCL) massive rally shows no signs of cooling. The stablecoin issuer soared as much as 15% in early trading on Friday, extending its stunning post-IPO surge as Wall Street bets big on crypto’s next major disruptor. “Circle as a top-tier crypto ‘disruptor’ with a sizeable future opportunity,” Seaport Research Partners analyst Jeff Cantwell wrote…
Despite public displays of strategic partnerships and mutual non-aggression in cyberspace, China has reportedly been engaged in hacking campaigns against Russia. As reported by the New York Times, some Beijing-backed hacking groups are targeting Russian government agencies and defense firms in order to extract military and defense secrets. This intelligence collecting drive aims to gather…
Chinese chip-design software company Empyrean Technology has pledged to become one of the world’s top electronic design automation (EDA) providers, as new US export restrictions bring both opportunities and challenges to the domestic industry. Founded in 2009 and based in Beijing, Empyrean aims to ascend to the top tier of EDA providers, capitalising on the…
Jun 20, 2025 Chinese researchers have unveiled a groundbreaking electronic warfare weapon harnessing the power of 6G technology. According to a report by SCMP, this advanced system utilizes next-generation signal processing to provide significant advantages over contemporary military radars. The development marks a substantial leap in electronic warfare capabilities, potentially reshaping future military strategies. Meanwhile,…
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails China‘s military has sharply criticised the passage of a British warship through the Taiwan Strait, labelling it a deliberate attempt…
Elon Musk’s forecasts of an ultralavish future for Tesla’s humanoid robot, Optimus, have not only been a boon to his company’s share price: They’ve provided a broad lift to nearly everyone working on humanoids, a technology once considered a fantasy land. One of the biggest beneficiaries is … Source link
Iran’s friends don’t like the war decimating Tehran, but they’re not ready to join the fight against Israel and potentially the U.S. Instead, Russia and now China have urged deescalation, emphasizing the dangerous consequences the escalating conflict could have on the whole world. “If the Middle East is unstable, the world will not be at…
China has “no fundamental conflict of interest” with New Zealand, President Xi Jinping told New Zealand Prime Minister Christopher Luxon in Beijing on Friday while calling for the constructive management of differences. “Both sides should adhere to mutual respect, seek common ground while acknowledging differences, and correctly view and manage their differences and disagreements,” Xi…
The White House’s AI and crypto czar thinks that Huawei and other Chinese tech firms are pulling closer to U.S. capabilities than was previously thought, and is blaming the tight race on Biden-era policies. David Sacks, venture-capitalist-turned-government-official, believes overly strict trade regulations on U.S. hardware exports have made other countries more likely to turn to…
I’m Malcolm Scott, international economics editor in Sydney. Today we’re looking at China’s property drag. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here. Source link