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Vučić flew to Beijing for a $1.1bn Chinese investment, while Belgrade burned

China’s $1.1bn AI, robotics and EV package for Serbia lands four days after 34,000 protesters filled the capital demanding early elections. Brussels has yet to develop a coherent response to either. On Saturday, tens of thousands of Serbians filled the centre of Belgrade in what police estimated as a 34,300-person rally demanding early elections, accountability […]

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China’s market regulator fines Luxshare and Wingtech over their unwinding deal

SAMR has penalised the two electronics firms for procedural violations in their now-collapsed asset sale, the latest signal of Beijing’s tightening merger-enforcement posture. China’s State Administration for Market Regulation has fined Luxshare Precision Industry and Wingtech Technology for violations in connection with their now-unravelling asset sale, according to a Reuters report on Wednesday. The fine […]

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Foreign-brand phone shipments to China rose 1.8% in April, CAICT data shows

Foreign-branded smartphone shipments to China, a category dominated by Apple, rose 1.8% year-on-year in April to 3.59 million handsets, according to Reuters calculations based on figures published by the China Academy of Information and Communications Technology, the government-run research body that tracks domestic handset shipments. The number is a meaningful deceleration. Foreign-brand shipments to China grew […]

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China extends AI travel curbs from DeepSeek to other private firms

Top researchers at private Chinese AI companies are being asked to surrender passports, in a quiet expansion of the controls that began at DeepSeek earlier this year. China is widening its informal travel restrictions on senior AI researchers, extending controls that began at DeepSeek earlier this year to a broader group of private-sector firms working at the […]

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GSR Ventures uses its RedNote stake to anchor a new $350M China fund

SR Ventures Management Co., one of the earliest backers of the Chinese social commerce app Xiaohongshu, is raising about $350m for a new China-focused venture fund and is using its existing stake in the app, known internationally as RedNote, as the central pitch, according to a Bloomberg report on Tuesday citing people familiar with the […]

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China is giving every humanoid robot a 29-character ID code, and over 28,000 already have one

Summary: China has launched a national ID system for humanoid robots, assigning each a 29-character code that tracks it from production to recycling. Over 28,000 robots across 200 models already have IDs. The system logs real-time performance data including joint wear, battery status, and AI training history.   China has launched a national identification system […]

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AI is killing the cheap smartphone. The memory that powers your phone now goes to data centres instead.

In 1985, the best computer a reasonably affluent American could buy was the IBM PC AT, which cost $19,400 in today’s money. Today, a Tecno Spark Go costs $30 in a Nairobi market stall and runs a processor billions of times faster. No other good in history has experienced a cost decline on that scale. […]

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Stellantis wants to build Chinese EVs in Canada and Mexico. Just not in the US.

Stellantis CEO Antonio Filosa said on Thursday that the company sees opportunity to produce and sell Chinese-branded vehicles in Mexico and potentially Canada. In the United States, the answer is different. “Now there is no space in the United States. We don’t see that,” Filosa said at a news conference following the company’s investor day […]

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DeepSeek made its 75% discount permanent. The AI price war just escalated.

DeepSeek has made permanent the 75% price discount on its flagship V4 Pro model. The promotion was originally scheduled to expire on 31 May. The Chinese AI startup’s pricing now ranges from $0.003625 to $0.87 per million tokens, down from $0.0145 to $3.48. The price points are striking in context. OpenAI’s GPT-5 charges $2.50 per […]

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