China

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Chinese chamber of commerce puts a $432bn price tag on the EU’s cybersecurity overhaul

A KPMG-conducted study commissioned by the CCCEU estimates that phasing Chinese suppliers out of 18 critical EU sectors between 2026 and 2030 would cost €367.8bn. Reuters’ headline rounds that down. The actual figure is materially higher. China’s chamber of commerce in the EU has put a number on the cost of the European Commission’s plan […]

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China’s Big Fund is now leading the DeepSeek round, and the price has more than doubled in two weeks

What started in mid-April as a $300m raise at a $10bn valuation, with Alibaba and Tencent talking, is now an FT-reported deal at $45bn led by the China Integrated Circuit Industry Investment Fund. The strategic logic has changed substantially. There is, in venture-capital pricing, a particular kind of ascent that does not normally happen to […]

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China’s humanoid robot boom faces reality check as 150 companies chase a market where only 23% of buyers are satisfied

China has more than 150 humanoid robot companies. It shipped roughly 90 per cent of the world’s humanoid robots in 2025. Its two largest makers, Unitree and AgiBot, are preparing initial public offerings that would value them at a combined 13 billion dollars. Morgan Stanley doubled its delivery forecast for the Chinese market this year […]

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Kaspersky suspects Chinese hackers planted a backdoor into Daemon Tools in ‘widespread’ attack

The cybersecurity company says it’s seen thousands of infection attempts, and at least a dozen successful hacks after users installed malicious versions of the popular Windows software.

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The West keeps asking how much China subsidises its industries. That is the wrong question.

The Western debate about China’s industrial rise keeps circling the same question: how much of it is subsidised? The European Commission’s anti-subsidy investigations into Chinese electric vehicles, solar panels, and wind turbines have produced tariff schedules that treat government funding as the primary explanation for Chinese competitiveness. The US Treasury and Commerce departments have imposed […]

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China’s robot-hand unicorn Linkerbot is hunting a $6bn valuation

Two years after a Beijing engineer started building dexterous hands inspired by a Japanese cartoon, his company holds 80% of the global market and is doubling its valuation in months. Robotic hands are not, conventionally, the part of a humanoid robot that investors get excited about. The legs walk, the arms lift, and the head, […]

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The next satisfactory standard for data governance may not come from Brussels. It may come from Beijing.

The European Union treats data as a privacy right. The United States treats it as a corporate asset. China treats it as a factor of production, a national economic resource on par with land, labour, capital, and technology. That distinction, which sounds like an abstraction, is producing a data governance framework that is structurally different […]

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Foreign automakers are not staging a comeback in China. They are learning to be the junior partner.

In January and February 2026, Volkswagen reclaimed the top position in China’s passenger vehicle market with a 13.9 per cent share, narrowly ahead of Geely at 13.8 per cent. Toyota’s joint ventures held 7.8 per cent. BYD, which dominated 2024 and much of 2025 as the world’s largest EV maker, slipped to fourth at 7.1 […]

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China has decided that firing a worker because an AI can do their job is illegal. No Western country has done the same.

A quality assurance supervisor identified only as Zhou joined a technology company in Hangzhou in November 2022. His job was to work with AI large language models, optimising their outputs and filtering sensitive content. He earned 25,000 yuan per month, roughly $3,640. In 2024, the company decided that its AI systems had improved to the […]

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China built the AI content factory that Silicon Valley imagined but never shipped

In January 2026, a new AI-generated micro-drama went live on a Chinese streaming platform every 90 seconds. By March, approximately 50,000 AI-native titles had been added to Douyin in a single month. The production cost was roughly one-tenth of a live-action shoot. The usable rate of AI-generated footage had climbed above 90 per cent. And […]

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