Nvidia has received U.S. government approval to resume sales of its H20 AI chips in China after months of export restrictions. This move enables Nvidia to serve the growing Chinese AI market again, reflecting eased export controls. Alongside, Nvidia launc...

Alibaba is investing $7 billion in Taobao promotions, while JD.com is pouring $1.4 billion into expanding its food delivery service. Both giants are offering heavy discounts and subsidies to attract users and become China’s leading “everyday app,” aiming...