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China plans to approve some imports of Nvidia Corp.’s H200 chips as soon as this quarter, according to people familiar with the situation, giving the company renewed access to a critical market.
China’s urban population surpassed 943m in 2024, say official statistics, an increase of 100m in just seven years. The government acknowledges that its cities will expand more slowly in the future. But it still expects the urbanisation rate to increase from almost 67% to nearly 70% by 2029.
The stakes are high. In calendar 2024, which marked the last full year of sales to China, Nvidia's revenue from the country was $17.1 billion -- despite existing export restrictions against the sale of its top-of-the-line chips. Early last year, Nvidia estimated it took an $8 billion revenue hit due to increased U.S. export restrictions.
Canadian Prime Minister Mark Carney will visit China next week where he will meet with Chinese President Xi Jinping as Canada looks to reduce its over reliance on the United States.
Some Chinese online users are calling for a lightning Venezuela-style snatch of Taiwan's leaders in a prelude to taking over the island, but analysts, scholars and security officials say China's modernising military is still far from ready.
South Korean President Lee Jae Myung flew to China this week for a summit with his Chinese counterpart, Xi Jinping, for the second time in two months.
China bans exports of dual-use goods to Japan, escalating tensions with key U.S. ally amid growing disputes over Taiwan and broader regional security concerns.
AI agent start-up may face half a year of regulatory checks on data security, dual-use technologies and overseas investment rules: analysts.