Nvidia’s CEO Jensen Huang has said that the semiconductor major has attained a clearance from the Donald Trump administration to ship its advanced H20 artificial intelligence chips to China, a major breakthrough for the company as it finds itself in the midst of an intense U.S.-China competition over AI and tech. In a company blog,…
BEIJING — The leaders of Australia and China sought to deepen trade ties despite their differences over regional security and human rights at talks Tuesday in the Chinese capital. Chinese leader Xi Jinping told Australian Prime Minister Anthony Albanese that seeking common ground while setting aside differences is in line with “the fundamental interests of…
BANGKOK — Nvidia’s CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China. The news came in a company blog post late Monday and Huang also spoke about the coup on China’s state-run CGTN television network in…
BEIJING – The leaders of Australia and China sought to deepen trade ties despite their differences over regional security and human rights at talks Tuesday in the Chinese capital. Chinese leader Xi Jinping told Australian Prime Minister Anthony Albanese that seeking common ground while setting aside differences is in line with “the fundamental interests of…
BANGKOK (AP) — China’s economy slowed in the last quarter as President Donald Trump’s trade war escalated, but it still expanded at a robust 5.2% pace, the government said Tuesday. That compares with 5.4% annual growth in January-March. The government said Tuesday that in quarterly terms, the world’s second largest economy expanded by 1.1%. In…
BEIJING (Reuters) -BMW Group announced on Tuesday that it would join hands with Chinese autonomous driving firm Momenta to develop advanced driving assistance technology specifically for the China market. The co-developed system will cover highways and urban roads and be used in multiple models, BMW said in a statement. (Reporting by Beijing newsroom; Editing by…
By John Liu, CNN Hong Kong (CNN) — China reported better-than-expected economic growth for the second quarter in the face of an ongoing trade war with the United States, as diversification efforts to non-US markets buoyed exports. Gross domestic product (GDP) expanded 5.2% in the second quarter from the same period a year earlier, according…
China’s control of critical minerals, including rare earth resources, creates both cost and supply issues for U.S. businesses and is prompting the U.S. to diversify supply chains and boost domestic production. The U.S. Department of Defense on July 10 revealed a significant multibillion-dollar public-private partnership with MP Materials to build out a U.S.-based rare…
Global markets today: Asian markets trade mix on Tuesday, July 15, as investors seem to brush aside the uncertainty surrounding U.S. President Donald Trump’s fluctuating tariff stance and shift their focus to upcoming economic data from China. Japan’s Nikkei 225 remained largely unchanged, while the broader Topix index rose by 0.32 per cent. Japan’s 10-year…
WASHINGTON (AP) — President Donald Trump’s foreign aid cuts, tariffs on allies and restrictions on international students have “deeply” undermined America’s ability to compete with China, Senate Democrats say. In a report released Monday, Democrats on the Senate Foreign Relations Committee called for congressional action toward restoring the country’s global reputation and influence to ensure…