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The EU is preparing new requirements for Chinese automakers to qualify for local subsidies, with key stipulations including having production facilities in Europe and transferring "intellectual property" to them. Two senior EU officials, who spoke w...
Read MoreThe EU has "greenlit" additional tariffs on electric vehicles imported from China — these tariffs take effect today and will remain in place for the next five years.Previous negotiations between China and Brussels were unsuccessful; however, discussi...
Read MoreThe well-known American entrepreneur, co-founder and former director of the BitMEX exchange, Arthur Hayes released a new essay titled "Onward, Bitcoin," in which he stated that "monetary chemotherapy" in the Chinese economy will lead to increases in ...
Read MoreThe game Black Myth: Wukong cost the developer Game Science $42.3 million and has sold over 20 million copies at a price of $60 each. The game's budget turned out to be slightly lower than previously reported. A report from the Zhejiang State Tax Ad...
Read MoreApproximately 60% of foreign components found in Russian weaponry in Ukraine originate from China. This was reported by President Zelensky's advisor, Vladislav Vlasuk. Vlasuk also mentioned that essential parts used for surveillance, drones, and miss...
Read MoreThe new HUAWEI smartphone was initially offered at a price of $2800. The HUAWEI Mate XT is the world's first triple-fold smartphone. It features a large 10.2-inch display that unfolds to a thickness of just 3.6 mm, boasts a massive 5600 mAh battery (...
Read MoreThe South Korean police have detained two former executives of Samsung on suspicion of illegally transferring commercial secrets worth $3.2 billion to China. One of those arrested, 66-year-old Mr. Choi, established a joint venture for chip manufactur...
Read MoreThe American vlogger IShowSpeed decided to showcase a Chinese robotic dog. When he asked the robot to bark and started barking himself, the dog responded by spraying him with fire. The YouTuber IShowSpeed is known for his impulsive and sometimes cont...
Read MoreChina has emerged as the largest purchaser of semiconductor manufacturing equipment. In the first half of 2024, Chinese companies invested $25 billion in semiconductor production. China's investments surpassed the combined expenditures of South Korea...
Read MoreStarting September 1, 2024, China will impose restrictions on the export of drones and their components. Robert "Madyar" Brovdi, the commander of the 414th separate regiment of strike unmanned aerial systems (SUPBAS), is raising the alarm. On Faceboo...
Read MoreCanada has taken a cue from the United States and Europe by implementing a 100% tariff on electric vehicles imported from China. This move aims to shield domestic automakers from an influx of inexpensive competition. Interestingly, this restriction ...
Read MoreElectric vehicles account for more than half of all new car sales in China, but the vast majority of brands are operating at a loss while selling electric cars. This situation arises from fierce price competition. Currently, only two electric vehicle...
Read MoreThe release of Black Myth: Wukong on August 20 prompted the Chinese company to give almost all employees a day off — though with two interesting conditions. If the auto-translation of the company's announcements on Twitter is to be believed (via Dex...
Read MoreThe NVIDIA RTX 4090D graphics card, aimed at the Chinese market and based on the AD102 processor, has been developed to circumvent U.S. export restrictions, and is now available with double the memory capacity — 48 GB. The information about these new...
Read MoreIn July, electric vehicles and PHEVs (plug-in hybrid electric vehicles) accounted for over half of all car sales in China. This remarkable figure marks a significant milestone, achieved for the first time in the world's largest automotive market. Sa...
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