China

The Chinese AI startup Moonshot has filed a confidential prospectus for an IPO on the Hong Kong Stock Exchange. The company plans to raise $3 billion in the offering.

The Chinese company Qiaodan, featuring a logo and name strikingly similar to Michael Jordan's brand, continues to pose a significant challenge to Nike in China. Nike's sales in the country plummeted by 17% in the last quarter.

A Der Spiegel investigation has uncovered a scheme in which dozens of Chinese nationals are suspected of forging Jewish roots to obtain German citizenship. At least 16 individuals have already received German passports by exploiting the life stories of actual Holocaust victims.

A Chinese couple who paid in advance for a premium wedding catering package discovered after the event that they had received a cheaper menu due to staff error. The court ruled this a breach of contract and ordered the hotel to provide compensation.

Chinese President Xi Jinping has moved up his visit to Cairo, which is expected to begin today (Tuesday) after a decade in which he did not visit the country. Before the visit, Xi emphasized that "China and Egypt remain reliable partners striving for win-win cooperation. Egypt is an important trade and investment partner of China in the Arab world and Africa, and was one of the first countries to...

From the summit and private meetings with Vladimir Putin in Kyrgyzstan to the expected visit to the White House. After a year in which he hosted over 20 leaders in China, Xi Jinping has begun a series of global visits. Where will he visit and what is he trying to achieve?

In China, an unusual phenomenon is developing to deal with one of the country's major social problems: elderly people left alone while their children live and work far away. Young people are offering themselves as "shared children" — a paid service where they come to an elderly person's home, talk to them, and help them with daily tasks.

Benjamin Netanyahu has ordered preparations for a new domestic fighter jet, while overseas, major deals are being signed for Chinese aircraft conceptually derived from the Israeli Lavi project.

Last month, the US imposed severe restrictions on the import of robotic vacuums, citing national security risks. What are the Americans so afraid of, and what is the connection between an innocent robotic vacuum and secret intelligence operations?

China's CXMT is suing the US Department of Defense, demanding to be removed from the list of companies that the US believes are assisting the Chinese military. The company claims it produces chips for civilian and commercial use only. The significance of the US list: it could lead to restrictions and damage the company's reputation.

The Tiangong Ultra robot covered 100 meters in just 8.86 seconds, leaving Usain Bolt's world record in the dust. However, beyond the sprints, flames, and parts scattered on the track in Beijing, the real test is not to beat humans, but to replace them on the factory floor. Amnon Avi Guy, manager of Robotize from Mitvach, says: "The moment a robot enters a factory and works alongside humans...

A Chinese court has handed down a suspended death sentence to a former party secretary convicted of bribery and corruption. The case is causing a stir in the country and signals an escalation in the government's anti-corruption campaign.

Devastating floods on the border have created a massive lake, equivalent to 1,200 Olympic swimming pools, which threatens to burst and endanger rescue operations. Rain continues to destabilize the mountain terrain. China has deployed an engineering team to assess the situation as the search for missing persons continues.

SpaceX announced the construction of a giant launch base for Starship, China postpones the moon mission, reduction in Falcon 9 activity, research of exoplanet atmospheres, and a revolutionary space telescope is on its way. A summary of the week across the universe.

The Trump administration is considering new tariffs on chips and a wide range of tech products, including laptops, servers, and gaming gear, amid the race to outpace China in AI infrastructure.

Dreame, which unveiled a concept car promising 0-96 km/h acceleration in 0.9 seconds, is closing its automotive project. Following the withdrawal of government funding, only HR and legal staff remain to wind down operations, which previously employed 1,000 people.

Following serious accidents, the electric vehicle manufacturer is launching an emergency measure that will affect millions of drivers, while the local representative office in Israel chose not to comment.

World press headlines: The Iranian UAV that "changed the face of modern warfare" relies on components from China and costs only about $20,000; in Germany, they are examining the production of parts for the Iron Dome at a Volkswagen plant that is in danger of closing; and in the US, the British organization Palestine Action has been declared a terrorist organization. Globes presents a daily short...

Israeli and US strikes have failed to stop the momentum of defense production in Iran, which claims to have even tripled the rate. Meanwhile, Taiwan is increasing defense spending in the face of the Chinese threat, and Switzerland fears being left without air defense in a world where demand for defense systems is only growing.

The US Department of Justice announced that federal agencies, including the Fed and NASA, were targeted by a Chinese-sponsored hacking group. The group utilized attack platforms known as QScan and QTRouter.

Chinese startup CoolFly has unveiled Urban, the world's first manned aircraft operated while standing. The platform utilizes artificial intelligence to correct balance in real time. According to the developers, users can master flight in just 10 minutes.

Massive water currents washed away settlements in northern Nepal and knocked multi-story buildings into the river. The water level makes it difficult for rescue helicopters to land in the area. In neighboring Tibet, casualties were also reported, and roads, electricity, and communications were cut off. Among the missing are 291 foreign citizens and 93 Nepalese citizens. 60 workers are missing at a...

Indian sources told Reuters that the visit is in advanced stages of coordination. President Xi may arrive at the head of a 400-person delegation for the BRICS summit in New Delhi, signaling a potential turning point in bilateral relations.

Taiwanese authorities have indicted nine individuals, including an Nvidia employee, for bypassing export controls. Prosecutors allege that 74 servers containing restricted B300 processors were smuggled into China via Indonesia, Japan, and Hong Kong.

Chinese fighter jets conducted interception training against the Egyptian Air Force's French Rafale jets as part of a joint exercise held for the second year. For Beijing, this is a rare opportunity to test its capabilities against a Western platform. In Cairo, the move signals further rapprochement with the United States' great rival.

China is strengthening its power in the field of artificial intelligence, while the US is working to prevent it from accessing critical resources. 6G networks are expected to be deployed only by 2030, but are already occupying regulators. And the historical turning point in Japan's security approach.

The launch of China's 'Chang'e-7' robotic space mission, designed to scan the moon's south pole in search of frozen water, will not take place in the planned launch window this year. This was stated in an official announcement by the China Manned Space Engineering Office.

Bilibili is relaunching its international app, removing the requirement to identify with a passport, and recruiting employees worldwide. The goal is clear: to bring in creators and viewers from the West - and enter an arena where YouTube is already facing increasing competition.

A Chinese humanoid robot covered 100 meters in 9.39 seconds at a competition in Beijing, surpassing the world record set by the Jamaican sprinter in 2009. Another robot also outperformed Bolt, though both struggled to stop after crossing the finish line.

One of the most well-known comedians in China, Guo Degang, is under investigation by authorities in the city of Wuhan after changing the lyrics of a revolutionary song during a performance. Following the incident, his performance in Xi'an was canceled, and the production company offered a full refund to ticket holders.

The humanoid robot Lightning from smartphone manufacturer Honor completed the 100-meter dash in 9.32 seconds, reaching a top speed of 14.5 m/s. The feat was demonstrated during a preparatory event for the World Humanoid Robot Games in Beijing.

Tesla, Xiaomi, Xpeng, and other car manufacturers in China are set to recall approximately 7 million vehicles. The recall addresses safety concerns regarding door-opening mechanisms during emergencies.

Tesla, owned by Elon Musk, is recalling 2,740,642 Model 3 and Model Y vehicles manufactured in China. The company's Shanghai plant supplies not only the local Chinese market but also export markets across Asia and Europe.

The court in Guangzhou accepted the request of the local commercial bank to initiate bankruptcy and liquidation proceedings against the real estate arm of the Evergrande Group. The dramatic decision comes just one day after the company's founder was sentenced to life imprisonment.

Ray Shipping has ordered about 10 Chinese-made ships with a capacity of over 8,500 vehicles each. Xiaomi is expected to start exporting its cars to Europe in 2027, and Horizon Motors is launching Chinese FAW trucks in Israel. This week in the automotive industry.

Satellite images show an up-to-date picture of China's progress in building an artificial island in the South China Sea, which is expected to serve as Beijing's largest base in the Paracel Islands area.

The founder of the Chinese real estate giant Evergrande, Hui Ka Yan, has been sentenced to life in prison for fraud and bribery. The court also ordered the confiscation of his assets and imposed multi-billion yuan fines on the company.

People use AI to answer questions on a wide range of topics. But behind the answers received, there is a struggle between different countries over the content on which the models are based. To win the war of narratives, China is willing to invest capital, and so far it is working for them.

Despite the drop in oil imports and severe damage to the Strait of Hormuz following the war in the Middle East, Beijing managed to add barrels to its national inventory. This is the strategic planning that calmed the markets and fears of the next price spike.

The 'Lincoln' operated for about 250 consecutive days at sea, and the decision to replace it leaves the US without an aircraft carrier in the Pacific Ocean. The war has stretched the Navy to the limit - while China's shipbuilding capacity is about 230 times greater than that of the US. Donald Trump is indeed determined to change the situation - but his aesthetic demands may make it difficult.

The Trump family's crypto project has partnered with a Hong Kong-based platform that offers technology from Chinese companies defined as a threat to the United States. While the White House denies a conflict of interest, experts warn: "A hypocritical and dangerous move."

China's Unitree has unveiled its new "Superman" robot, capable of a 2-meter standing jump and speeds of 45 km/h. The company is set to debut on the Shanghai Stock Exchange following a record-breaking IPO.

China is set to impose its first tax on lithium-ion batteries and solar cells in a decade. Starting in September 2026, a 2% purchase tax will be applied, rising to 4% a year later, potentially impacting global prices for energy storage and electric vehicles.

A new Ukrainian drone, resembling the Iranian "Shahed", was recently discovered. It is the MICH-2000, which was reverse-engineered from a Chinese model after Beijing refused to sell it. The drone is now being used for critical long-range strikes.

Washington is preparing to demand that dozens of countries choose a side in the technological war against China, warning that those who join Beijing's alliance will be excluded from the American coalition. The move comes after Kazakhstan attempted to "dance at two weddings," sparking anger in the White House, which fears the leakage of technology and strategic resources to the enemy.

A Chinese container ship has set sail for Europe via the North Pole. This move allows Beijing to bypass the Suez Canal and halve the journey time, following disruptions in the Bab-el-Mandeb Strait.

The Japanese MMX mission is scheduled for launch in 2026 to collect at least 10 grams from Phobos, with the return of samples to Earth in 2031. At the same time, China is planning Tianwen-3, which aims to bring samples from the surface of Mars itself around 2031.

Hengli, an industrial giant employing over 300,000 workers in China, serves as a lifeline for the Iranian regime amid heavy international sanctions.

The US administration has announced plans to implement unprecedented economic isolation measures against Iran to force a ceasefire. Analysts are assessing the potential success of these steps, given Iran's reliance on China and its established financial workarounds.

The most serious confrontation in years between China and the Philippines in the South China Sea sharpens regional fears regarding the weakening of American deterrence. The war with Iran has depleted Washington's essential weapons stockpiles, and its allies are wondering if it can contain Beijing. Simultaneously, Donald Trump is growing closer to Xi and closing consulates in Asia.