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China can build humanoids at scale. The hard part is finding enough buyers

Chinese humanoid robots are making waves with their ability to do backflips, direct traffic and even make coffee.

 

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Nvidia bets on AI personal computers with new ‘superchip’ powering Windows laptops

Nvidia has unveiled powerful new chips to bring advanced artificial intelligence to Windows laptops and desktops.

 

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Soaring prices during the Iran war jeopardize travel to tourism-dependent countries in Asia

The war in Iran threatens to disrupt international travel to Asia, where the tourism industry has yet to fully recover from the the COVID‑19 pandemic.

 

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In a tourist-friendly move, China’s Tencent to allow PayPal payments through its WeChat networks

Tencent says users of PayPal will be able to make payments in China using QR codes through WeChat Pay’s extensive merchant network, in a tourism friendly move.

 

Authorities investigate safety lapses after China coal mine blast kills at least 82

Authorities in northern China are investigating a coal mine operator for safety lapses after an explosion killed at least 82 people.

 

China Evergrande liquidators seek $8.4B from accounting firm PwC in Hong Kong lawsuit

Liquidators of China Evergrande are seeking $8.4 billion from accounting firm PwC. They alleged negligence in PwC’s auditing of the failed Chinese developer.

 

US and China seek to repair damage from tariff war that sent trade into a freefall

President Donald Trump’s trade war with Beijing has sent U.S.-China trade into a freefall and forced companies on both sides of the Pacific to regroup.

 

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China’s Alibaba reports 38% jump in AI and cloud revenue as it races to grow

China’s Alibaba has reported accelerating AI and cloud revenue growth driven by the AI boom, which has jumped 38% in the January-March quarter compared to the year before.

 

Shipping industry fears fuel shortages as Iran war squeezes bunker fuel supply

The global maritime industry is facing a looming shortage of the fuel that powers ships as the Iran war chokes off a key shipping lane in the Strait of Hormuz.

 

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China’s passenger car exports surge nearly 85% in April as domestic sales slump

China’s exports of passenger cars have surged in April, according to an industry group. The China Association of Automobile Manufacturers reported an almost 85% increase from a year ago, reaching around 796,000 vehicles.

 

China says April exports jump 14.1% from a year ago ahead of Trump-Xi summit

China says exports have risen 14.1% in April from a year earlier, despite the Iran war and lingering impacts from higher U.S. tariffs.

 

The rapid embrace of AI in China, its biggest testing ground, may shape how AI is used globally

More than a year after the Chinese AI chatbot DeepSeek, a main rival to OpenAI’s ChatGPT, stunned the world with its own advanced AI model, China has become a testing ground for mass use of AI tools. In March, groups of Chinese lined up get help setting up the AI agent OpenClaw on their laptops, a r

 

China’s factory activity expands for a second month despite shocks from the Iran war

Surveys show China’s factory activity expanded for a second month in April. The National Bureau of Statistics said Thursday that the official manufacturing purchasing managers index slipped slightly to 50.3 from 50.4 in March on a scale of 0 to 100 where a reading above 50 indicates expansion.

 

China blocks Meta from acquiring startup Manus as global AI rivalry deepens

China has banned a planned acquisition of the AI startup Manus following a probe into Meta’s planned purchase of the firm.

 

Taiwan court sentences ex-Tokyo Electron staff to 10 years in TSMC trade secrets case

A court in Taiwan has sentenced a former employee of Tokyo Electron to 10 years in prison for stealing trade secrets from TSMC.

 

Tired and worried, seafarers have been stranded in the Persian Gulf for weeks

Around 20,000 seafarers on hundreds of vessels are stuck in the Persian Gulf, unable to cross the Strait of Hormuz that remains effectively shut by Iran. Indian Capt.

 

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At Beijing auto show, Chinese carmakers flaunt new technologies as global competition heats up

China’s top automakers are showcasing their latest models and technologies from intelligent driving to ultrafast charging in Beijing as they compete with global rivals in overseas markets.

 

China’s DeepSeek rolls out a long-anticipated update of its AI model

DeepSeek, the Chinese artificial intelligence startup that shook up world markets last year, has launched preview versions of its latest major update.

 

Hong Kong regulators fine PwC $166M over China Evergrande audit

PwC has been fined $166 million in Hong Kong over its audit work for the collapsed Chinese property developer Evergrande.

 

Taiwan’s chipmaker TSMC reports 58% jump in profit, warns about Iran war impacts

Taiwan’s chipmaker TSMC has reported a 58% jump in profit for the January-March quarter thanks to strong demand driven by the artificial intelligence boom even as the Iran war was driving up costs.

 

China’s economy grows at 5% in first quarter, shrugging off initial impact of Iran war

China’s economy accelerated in the first quarter of this year, expanding 5% from a year earlier as it largely shrugged off impacts from the Iran war so far.

 

China’s exports grew 2.5% in March in a sharp slowdown as Iran war raises uncertainty

China’s exports grew 2.5% in March from a year ago, significantly slowing from the previous two months as uncertainties rose from the Iran war and its impact on energy prices and global demand.

 

Iran war’s global energy crisis sharpens China’s advantage in clean tech

The war in Iran is sharpening China’s advantage in promoting a renewable energy future, as oil disruptions expose the fragility of fossil fuel systems.

 

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China’s car exports surge as expectations grow for EV pivot on Iran war energy shock

The China Association of Automobile Manufacturers says Chinese exports of passenger cars have accelerated in March.

 

China factory activity rebounds in March as Iran war looms over growth

China is reporting that factory activity expanded in March, reversing two straight months of contraction.

 

Russian oil in heavy demand as desperate Asia tackles energy shock

Asian nations are increasingly competing for Russian crude oil as an energy crisis mounts amid the U.S. and Israeli war in Iran, which has choked off roughly a fifth of the world’s oil supply.

 

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China’s BYD sees first profit drop since 2021, even as the Tesla-rival takes global EV crown

Chinese automaker BYD reports its annual revenue rose to a record $116 billion last year, outpacing Tesla’s, but profit fell for the first time since 2021 under pressure from cutthroat competition.

 

PopMart investors are worried the company is relying too heavily on Labubus, according to analysts

Labubu doll maker Pop Mart’s shares have plunged nearly 23% despite robust revenue, with analysts pointing to investor concerns over the company’s ability to grow beyond its heavy reliance on Labubu-related income.

 

China’s Alibaba targets $100B in AI and cloud revenue over 5 years

China’s Alibaba Group has pledged on Thursday a goal of surpassing $100 billion in revenue from its artificial intelligence and cloud businesses over the next five years, which it says would be powered by the AI demand boom.

 

About 90 ships cross the Strait of Hormuz as Iran exports millions of barrels of oil despite the war

About 90 ships including oil tankers have crossed the Strait of Hormuz since the beginning of the war with Iran.

 

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