
Surge in U.S. Producer Prices Signals Broader Inflation
13 hFoxconn's AI Server Business Surpasses Smartphones as Primary Growth Driver
Foxconn's AI servers business has overtaken smartphones and other smart consumer electronics as its largest revenue contributor for the first time.
14 hWahaha Heiress, Mother and Uncle Sued in Shareholder-Creditor Dispute
Despite its modest scale—managing less than 500 million yuan ($69 million)—Wahaha Venture Capital has invested as a limited partner in funds managed by Hillhouse Capital, FC Capital, and a fund jointly launched by China Pharma and CICC, among others.
15 hBenchmark May Be Forced to Exit Manus Amid U.S. Probe Into China Investments
The U.S. Treasury Department has launched an investigation into Benchmark's investments in Manus, and in the worst-case scenario, Benchmark could be required to fully withdraw.
18 hTrump Extends Tariff Truce With China for 90 Days
Trump noted that China has been "dealing quite nicely” and described his relationship with Chinese President Xi Jinping as “very good.”
Aug. 11, 2025OpenAI CEO Says ‘AGI’ Term Losing Relevance
Altman acknowledged that GPT-5 cannot yet learn continuously on its own but still anticipated AI will achieve breakthroughs in areas such as mathematics and scientific discovery within the next two years.
Aug. 11, 2025China's M&A King Returns, But Not to His Throne
Bao’s release ends a 894-day absence during which the firm underwent sweeping leadership changes. His wife Xu Yanqing became Chair of the Board, and veteran banker Wang Lixin, who joined China Renaissance in 2007, became chief executive.
Aug. 8, 2025DeepSeek’s Parent Company Executive Caught in $160 Million Rebate Scandal
Aug. 7, 2025Trump Demands Intel CEO Resign Over Ties to China, Intel Stock Tumbles
A source familiar with the matter previously told Reuters that Tan had divested his stakes in Chinese ventures, although no specifics were disclosed.
Aug. 7, 2025OpenAI Unveils GPT-5, Its Most Advanced Model Yet
“GPT-3 sort of felt like talking to a high school student,” Altman said during a recent press briefing. “GPT-4 felt like you’re talking to a college student. GPT-5 is the first time that it really feels like talking to a PhD-level expert.”
Aug. 7, 2025