Evelyn Cheng

SHANGHAI — Chinese tech giant Huawei on Monday touted a new approach to developing advanced semiconductors despite U.S. sanctions, as Nvidia struggles to sell its high-end chips in China.

As the largest consumer market globally, the U.S. still remains a prized destination for Chinese companies that are finding ways to address local concerns.

Low manufacturing costs in China are keeping many European businesses' supply chains in the country despite pressure in the EU to reduce overseas reliance.

China industrial profits jump 24.7% in April, fastest gain in over two years despite headwinds

Key Points Taiwan's Taiex closed at a fresh record high after Nvidia announced plans to spend $150 billion a year in the region.

Key Points Chinese electric car company Nio launched its flagship ES9 SUV in Beijing on Wednesday.

China’s factory activity beats forecasts in May, private survey shows, despite softer official data

Chinese companies are increasingly seeking Nvidia alternatives to develop self-sufficient systems, even if their own tech remains in the early stages.

The U.S. chipmaker's first publicly available humanoid robotics system will use humanoids from Chinese startup Unitree.