The US government’s export controls on artificial intelligence chips to China were “a failure”, said Nvidia Chief Executive Jensen Huang on Wednesday at the annual Computex event in Taipei. Huang said, “All in all, the export control was a failure”. According to him, the fundamental assumptions that led to the AI diffusion rule in the…
China is urging Washington to correct its wrongdoing after the US issued a guidance seeking to globally restrict the use of Chinese advanced computing chips, including Huawei Ascend AI chips, the Ministry of Commerce said on Wednesday. “Any organization or individual implementing or assisting in the enforcement of these US restrictions will risk violating Chinese…
Executives of top businesses from Switzerland gather for Swiss Business Forum 2025 in Shanghai. [Photo provided to chinadaily.com.cn] Executives of top businesses from Switzerland gathered for a forum in Shanghai on May 15 to share insights on how “Swiss innovation” adapts for growth in China. Organized by SwissCham Shanghai, the Swiss Business Forum 2025 included…
An aerial drone photo taken on May 15, 2025 shows the car carrier Anji Ansheng at Shanghai Haitong International Automotive Terminal in East China’s Shanghai. [Photo/Xinhua] SHANGHAI — Anji Ansheng, China’s domestically built ocean-going car carrier and the world’s largest such carrier in terms of capacity, set sail on its maiden voyage to Europe on…
Share – WeChat Children in ethnic costumes stage a show at the 34th Harbin International Economic and Trade Fair in Harbin, capital of Northeast China’s Heilongjiang province, May 17, 2025. The fair opened here on Saturday, attracting exhibitors from over 110 countries and regions. [Photo/Xinhua] Tanks to chinadaily.com.cn Please visit: Our Sponsor
A robotaxi in service in Shenzhen, Guangdong province. CHINA DAILY Chinese tech giant Baidu Inc reported on Wednesday that its revenues reached 32.5 billion yuan ($4.47 billion) in the first quarter, up 3 percent year-on-year, with profits from its core businesses rising to 7.63 billion yuan, marking a 48 percent year-on-year increase. Robin Li, co-founder…
Enterprise representatives address a briefing on the recently introduced pilot measures to streamline inspections of imported products for “debut economy” on May 16. [Photo by Li Junfeng/For chinadaily.com.cn] Shanghai is ramping up efforts to further boost its “debut economy”, with the recent pilot measures to streamline inspections of imported “First in Shanghai” products jointly released…
The SIAL China International Food Exhibition commences on Monday in Shanghai. [Photo provided to chinadaily.com.cn] The SIAL China international food exhibition, one of the world’s largest food and beverage trade shows, launched its 2025 edition in Shanghai on Monday, bringing together more than 5,000 exhibitors from 75 countries and regions, with a display of 350,000 products.…
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KAMPONG SPEU, Cambodia — A $250 million cement production plant, jointly invested by Chinese and Cambodian investors, was put into operation here in Western Cambodia on Tuesday. Speaking at the inauguration ceremony, Cambodian Prime Minister Hun Manet said the plant, built on the parcel of 407 hectares in the Aural district, is capable of producing…