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Tech Brief (Oct. 10): China’s AI Server Market Doubles
Tech Brief (Oct. 9): SoftBank to Acquire ABB’s Robotics Business
Tech Brief (Sept. 30): U.S. Widens Export Blacklist
U.S. Tightens Export Controls to Cover Subsidiaries of Blacklisted Firms
DeepSeek Unveils New Model With Sparse Attention, Slashes API Costs
Tech Brief (Sept. 29): Meituan’s Food-Delivery Platform Keeta Launches in Dubai
Chinese Chipmaker Moore Threads Gets Fast Track Approval to $1.1 Billion IPO
Chinese Drone Maker XAG Files for Hong Kong IPO After First Annual Profit
GPT Weekly: Nvidia to Invest $100 Billion in OpenAI
Tech Brief (Sept. 26): Trump Approves TikTok Deal
Xiaomi Ups the Stakes in Premium Market With iPhone-Style 17 Series
Yangtze Memory’s Parent Restructures to Pave Way for IPO Amid Sanctions Pressures
Tech Brief (Sept. 25): Alibaba Launches AI Models
Alibaba Bets Big on ‘AI + Cloud’ With New Models, Nvidia Deal
GlobalFoundries Boosts U.S. Investment, Adds China Fabs to Meet Auto Chip Demand
Tech Brief (Sept. 24): Mercedes-Benz, ByteDance Partner on In-Car AI
Tech Brief (Sept. 23): Nvidia Plans $100 Billion Investment in OpenAI for AI Data Centers
Tech Brief (Sept. 22): Trump Says Murdoch Family May Be Involved in TikTok Deal
GPT Weekly: CoreWeave Secures $6.3 Billion Nvidia Order
Huawei Unveils Three-Year AI Chip Roadmap as Nvidia Faces Setbacks in China
China Reemphasizes Adherence to Law After Starting FedEx Probe

By Wu Gang / Jun 02, 2019 01:00 PM / Economy

China is reemphasizing it adheres to its laws involving foreign companies, after the government launched a probe into FedEx for the U.S. giant’s recent misdelivery of parcels sent from Chinese telcom leader Huawei.

China has started to investigate FedEx over the alleged sending of several Huawei parcels to the U.S. instead of their intended destinations, according to a Xinhua news agency report on Saturday.

Wang Shouwen, a Vice Minister of Commerce, said on Sunday that foreign companies are welcomed to do business in China. But if they break China’s laws, the government will conduct investigations into their actions, he added.

Related: China to Create Blacklist of ‘Unreliable’ Foreign Firms, Individuals


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