17 April 2025

Tencent offers 28,000 internships as China grapples with youth unemployment

Tencent offers 28,000 internships as China grapples with youth unemployment

Chinese technology giant Tencent Holdings announced a significant campus recruitment initiative on Thursday, offering 28,000 internships over the next three years as the country’s 12 million fresh graduates face challenges in securing employment. The Shenzhen-based company said it would strive to retain more interns as permanent employees, although it did not specify the proportion. This […]

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TikTok craze offers hope to Chinese exporters caught in trade war crossfire

TikTok craze offers hope to Chinese exporters caught in trade war crossfire

Jojo Wang, a sourcing agent based in the southern Chinese city of Shenzhen, was stunned when her social media followers surged from around 100 to over 108,000 in the past two days. The spike came after her viral video exposed extreme price disparities in the fashion industry. It revealed that the factory price of a

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Tech war: Nvidia CEO Huang says China a ‘key market’ on Beijing visit, as US bans AI chips

Tech war: Nvidia CEO Huang says China a ‘key market’ on Beijing visit, as US bans AI chips

Nvidia founder and CEO Jensen Huang has made a surprise visit to Beijing, meeting Chinese officials a day after the US chip giant disclosed that Washington will now require a licence to export its H20 chips to China, a move the company expects to cost it US$5.5 billion. Huang’s visit comes as Beijing and Washington

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AMD says US rule on chips to China could cost it US0 million

AMD says US rule on chips to China could cost it US$800 million

Chip developer Advanced Micro Devices (AMD) on Wednesday said it expects new US licensing requirements for semiconductors exported to China to cost it as much as US$800 million. The Silicon Valley company’s earnings warning, filed with the US Securities and Exchange Commission (SEC), came a day after rival Nvidia notified regulators that it expects a

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