Daily brief
The US has taken steps to halt Nvidia AI chip shipments to Chinese firms outside China, closing a loophole for chip exports to China. A report indicates the Chinese military sought Nvidia chips for years. Meanwhile, Gen-Z gamer's 3D-model startup became China's latest AI unicorn, and Nvidia will work with US, European humanoid robot makers in addition to China's Unitree.
China leads an economic shift to industrial 'doping', according to the OECD, and Chinese companies receive up to 8 times more subsidies than OECD peers.
China tightens outbound investment rules with an eye on security, and expands curbs on foreign deals and tech transfer after the Meta-Manus block.
Thirst for matcha hikes production, as China's iconic Tianya Club forum returns after its 2023 shutdown.
China's BYD and SAIC Motor eye EVs with all-solid-state batteries in 2027, and Chinese NEVs gain ground in overseas markets.
by WorldBrief & Maksim Micheliov | AI-generated summary