Modern geopolitics increasingly operates through perception rather than direct confrontation. During the Cold War, rival powers were separated by clearer ideological and economic boundaries. Today, however, the US and China remain deeply interconnected through trade, finance, supply chains and advanced technology even as strategic competition intensifies. Some US policymakers argue that decades of engagement with…
Chinese tech giant Huawei said on Monday it had developed a new way of making semiconductors that could get around its US-enforced lack of access to the most advanced chipmaking equipment. Huawei headquarters in Shenzhen. Photo: Huawei. Huawei has been at the centre of a geopolitical standoff in recent years after Washington warned its equipment…
Hong Kong authorities will seek half of the HK$440 million (US$56.2 million) investment for a planned national innovation centre in Yuen Long from the private sector, while setting performance benchmarks that an analyst has called ambitious. The target was announced after Financial Secretary Paul Chan Mo-po revealed the plan in his latest budget in February,…
China wrapped up its most important political meetings of the year on Thursday, a weeklong gathering that signaled Beijing’s determined push for advanced-tech self-sufficiency and a shift from its reactive posture in its rivalry with the West. The Two Sessions—the plenary meetings of the National People’s Congress and the Chinese People’s Political Consultative Conference—set China’s…
Hong Kong will establish the first national manufacturing innovation centre outside mainland China and a high-level steering committee to spearhead AI development, the finance chief has said, as the city seeks to align with the country’s 15th five-year plan. Financial Secretary Paul Chan Mo-po also unveiled a citywide artificial intelligence (AI) literacy drive in Wednesday’s…
Hong Kong IPOs 2025: Market views, mega deals, emerging trends Hong Kong cemented its status as the world’s leading initial public offerings venue in 2025, marking a year of momentum, progress and transformation. By mid-December, the market had raised HKD274.6 billion (USD35.2 billion) from 106 new listings, with four of the world’s top 10 IPOs…
Good morning. There’s been a recurring theme to some of the AI conversations I’ve had this week: using the technology to find things in sprawling corporations. For all that agentic AI promises for the future, several executives told me that the real value right now is in locating assets—documents, devices, intellectual property, et cetera—within companies. …
The use of chips for artificial intelligence and electric vehicles (EVs) will offer strong demand underpinning the development of mainland China’s semiconductor industry, according to veterans of the sector at an annual gathering in Shanghai. At the 2025 Global Semiconductor Market Summit, chip executives discussed the industry’s future amid US-China tech rivalry and surging demand…
Good morning. I had the pleasure of hosting more than a dozen executives yesterday in a Fortune CEO roundtable discussion about how their strategies are shifting amid economic uncertainty and global complexity. We kicked things off with former Atlanta Fed president Dennis Lockhart, who outlined the state of the economy and memorably said that it…
China mandates all state-funded data centres to use domestic AI chips, escalating its tech rivalry with the US. China Tightens Rules on Data Centres, Mandates Use of Domestic AI Chips. The Chinese government has introduced new regulations requiring all data centre projects that receive state funding to use only domestically manufactured artificial intelligence (AI) chips,…