China's Q2 economic growth surpassed expectations, driven by strong trade and industrial production, yet challenges persist in its property sector. ( read original story ...)
China’s Rich Spend Millions on Shanghai Property – Bloomberg
Apartments worth $3.8 million were five times oversubscribed. Shanghai’s luxury real estate market is a bright spot in China’s bleak property sector. ( read original story ...)
Nvidia stock dips as China rivals gain spotlight at AI conference
Nvidia’s stock slips as Chinese chipmakers like Huawei dominate Shanghai’s AI expo amid U.S. trade restrictions. ( read original story ...)
China pitches global AI governance group as the US goes it alone
China has proposed a global action plan to govern artificial intelligence, just days after the United States unveiled its own plan to promote US dominance of the rapidly growing field that’s become a ... ( read original story ...)
Shanghai police busts a criminal gang involved in replicating, selling counterfeit Labubu and other trendy toys
China Customs has seized more than 40,000 suspected counterfeit products featuring "Labubu," a popular character under Chinese toymaker ... China’s new era calls for an entrepreneurial spirit that keeps pace with the times. President Xi Jinping, also ... ( read original story ...)
Authorities seek to file terrorism and assault charges against suspect in Walmart knife attack
Authorities say they plan to file terrorism and assault with intent to murder charges against the suspect in a weekend knife attack at a Walmart store in Michigan. Eleven people ( read original story ...)
Shanghai launches AI subsidy worth 1 billion Yuan for startups
Several larger and local cities have followed the trend of investing in AI, prompting Chinese President Xi Jinping to caution against crowding into the same industry. ( read original story ...)