BEIJING (AP) — The prime minister of New Zealand stressed the importance of his country’s trade ties with China in a meeting with Chinese leader Xi Jinping on Friday. Christopher Luxon, on his first visit to China since becoming prime minister in late 2023, flew to Beijing after two days of meetings … Source link
Islamabad, Pakistan – Pakistan’s army chief, Field Marshal Asim Munir, has held an unprecedented one-on-one meeting with United States President Donald Trump at the White House, where the two leaders spoke for more than two hours, according to the Pakistani military. In a statement issued on Thursday by Inter-Services Public Relations (ISPR), the Pakistani military’s media…
(Reuters) -New Zealand Prime Minister Christopher Luxon said on Friday he and China’s President Xi Jinping discussed the role of business, education and science to help boost relations between the two countries. “I raised the importance to New Zealand of the international rules-based system, as well … Source link
![[News] Trump’s AI Czar: China at Most Two Years Behind U.S. in Chip Design](https://news.charm-retirement.com/wp-content/uploads/2025/06/Trumps-AI-Czar-David-Sacks-and-Trump-from-David-Sacks-X-20250620_-624x445-600x400.jpg "[News] Trump’s AI Czar: China at Most Two Years Behind U.S. in Chip Design")
According to Bloomberg, White House crypto and AI czar David Sacks states that China is, at most, two years behind the U.S. in semiconductor design and has become increasingly adept at circumventing U.S. export controls. Sacks warns that the U.S. should be concerned about Huawei’s rapid progress in closing the gap with global rivals, citing…
Baidu Inc. is planning to launch its Apollo Go robotaxi service in Singapore and Malaysia as early as this year, according to a person familiar with the matter, as the company continues to expand its global footprint. Apollo Go is in discussions with potential partners to explore the right business models for the two markets,…
BEIJING (Reuters) -Chinese authorities have warned of flash floods and swift currents in mountainous areas in the eastern, central, southern and southwestern regions of the country after heavy rains there. The red alerts, the first for this year, were issued late on Thursday covering areas in the … Source link
Arm Holdings ARM is increasingly at risk of slower growth in China due to the country’s accelerating pivot toward RISC-V architecture. In fiscal 2025, China was the company’s second-largest revenue source after the United States, contributing 19% of its total sales. However, revenues from China rose only 7.5% year over year, a concerning signal in…
To strengthen capital market support for technology startups, Qing Wu, chairman of the China Securities Regulatory Commission (CSRC), announced during the 2025 Lujiazui Forum on June 18, 2025, that the “fifth set of listing rules” for the STAR Market… Source link
In many ways, China’s energy sector follows the path of “slowly, then suddenly all at once.” More gas-fired power capacity was installed there in 2024 than in any other country, according to Global Energy Monitor (GEM). The addition of 19.5 gigawatts (GW) of gas power, although far less than of coal (30.5 GW) or renewables (355 GW), is more…
China is testing a new way to channel capital into its strategic technology sector, with five private venture capital firms collectively raising 1.35 billion yuan ($188 million) through the country’s first bond issuance supported by state-backed risk-sharing mechanisms. The initiative is a direct policy response to the chronic fundraising challenges faced by China’s private investment…