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Chinese Yuan: China’s economic slowdown affects CNY compared to US Dollar

Chinese Yuan: China's economic slowdown affects CNY compared to US Dollar

Analysts from Commerzbank, Charlie Ray and Dr. Henry Hao, noted a slowdown in China’s industrial profit growth, which reached 21.1% year-on-year in May. This decline, attributed to weak consumption and investment, signals a loss of momentum. They anticipate that the official PMIs for both manufacturing and non-manufacturing will begin to contract, even though Bloomberg’s consensus […]

American firm to implement Chinese humanoid robots in Michigan data center

American firm to implement Chinese humanoid robots in Michigan data center

Hyperscale Data Center Faces Local Backlash Over Noise A data center already facing criticism from local residents has announced new initiatives that might intensify their frustration. Hyperscale Data, an American company, operates a facility in Dowagiac, Michigan. Residents have voiced concerns about the excessive noise, prompting a class action lawsuit filed in May. They describe […]

These 10 Chinese companies are driving U.S. data centers.

These 10 Chinese companies are driving U.S. data centers.

While the competition in artificial intelligence mainly centers around advanced semiconductors, many publicly listed companies in mainland China are crucial in producing components essential for data centers. According to a report by Michael Herson and Howes Song from 22V Research, nearly 30% of the United States’ imports of AI-related products come from Chinese firms. They […]

Your child’s new close companion could be a Chinese monitoring gadget.

Your child's new close companion could be a Chinese monitoring gadget.

Concerns surrounding TikTok have been fairly clear. Parents fret over their kids’ screen time and content, while politicians raise alarms about biased algorithms. Experts even caution about widespread manipulation. Handing a foreign app to a teenager can seem like a risky move. Still, a smartphone requires a deliberate action to unlock and use. In contrast, […]

Tom Cotton suggests legislation to address Chinese cyber risks for patients

Tom Cotton suggests legislation to address Chinese cyber risks for patients

Sen. Tom Cotton Proposes Legislation Against Cyber Threats from Chinese-Made Medical Devices On Wednesday, Senator Tom Cotton (R-AR) introduced a new bill aimed at safeguarding U.S. patients from cyber threats associated with networked medical devices manufactured in China. “Chinese medical devices pose significant risks to both the privacy and safety of American patients. This legislation […]

Inexpensive Chinese AI models are rapidly attracting users throughout the US market.

Inexpensive Chinese AI models are rapidly attracting users throughout the US market.

U.S. AI Dominance at Risk Amid Chinese Advances Chinese AI models, known for their high performance and low costs, are quickly gaining traction in the U.S. market, raising concerns about America’s leadership in artificial intelligence. One notable recent release is the open-source model GLM-5.2 from z.AI, launched on June 16, which is designed for coding […]