HONG KONG — Chinese President Xi Jinping met with a group of prominent private entrepreneurs including billionaire Jack Ma on Monday, a sign that Beijing sees the technology industry as a key spark for firing up sluggish economic growth. Footage shown on Chinese state media confirmed the attendance of Ma, founder of the e-commerce conglomerate…
Katsuji Nakazawa is a Tokyo-based senior staff and editorial writer at Nikkei. He spent seven years in China as a correspondent and later as China bureau chief. He was the 2014 recipient of the Vaughn-Ueda International Journalist prize. The U.S. threat to take back control of the Panama Canal and the resultant controversy have taken…
TAIPEI — Chinese chip and chip equipment makers blacklisted by the U.S. are turning to universities and state-backed chip labs and “pilot production lines” to keep their development efforts on track. Facilities in major cities from Wuhan to Wuxi to Ningbo offer vital test production and verification services that help accelerate China’s chip developments, often…
TAIPEI/BEIJING — When a team of Huawei engineers arrived in Jiangyin two years ago, they had an urgent mission: turn little-known supplier SJ Semiconductor into a competitive player in chip packaging and stacking technologies. Chip packaging is becoming almost as important as chip manufacturing itself in the race to build ever more powerful AI semiconductors….
WASHINGTON (Reuters) — U.S. President-elect Donald Trump has invited Chinese President Xi Jinping and other foreign leaders to his inauguration next month in Washington, a Trump transition spokesperson said on Thursday, but experts said that Xi was not likely to attend. Asked if Xi had responded, Karoline Leavitt told Fox News in an interview that…
Vivian Toh is the chief editor of techtechchina, a Chinese tech news startup. Chinese technology giants, once synonymous with rapid, aggressive expansion, are now embracing a more calculated, cooperative approach in Southeast Asia’s fintech landscape. At the recent Singapore FinTech Festival (SFF), Tencent, Alibaba and Huawei showcased strategies that reflect a recalibrated pursuit of growth,…
A state-owned aviation company has won the right in the eastern city of Jinan to provide services for a government-supported segment of the economy being built on the promise of drone-delivered packages and sightseeing tours in flying cars. Shandong Jinyu General Aviation bid 924 million yuan ($127 million) for 30-year rights to operate services such…
GUANGZHOU — The Chinese area that is the world’s top producer of toys is embracing high-tech production, artificial intelligence and other changes as its global exports fall. The hard times can be seen in the gritty streets of the Chenghai district in the southern city of Shantou, Guangdong province. Small wholesale shops were open for…
(Reuters) — Pony AI is seeking a valuation of up to $4.48 billion in its U.S. initial public offering, it said on Thursday, as the Chinese autonomous driving firm moves ahead with its long-sought plan for a New York listing. Pony, backed by Japanese automaker Toyota, aims to raise up to $195 million by offering…
US Representative John Moolenaar on Thursday introduced a bill that would revoke the normal trade relations Washington has had with Beijing for more than two decades, joining China hawks in the Senate in a bid to decouple the countries’ economies. As proposed, the measure would set minimum 35 per cent tariffs on Chinese imports, allow…