29-08-2025

China's Technological Advancements and Global Implications

Date: 29-08-2025
Sources: scmp.com: 6
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Source: scmp.com

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Summary

A collection of news highlights showcasing China's advancements in technology, including a new VTOL drone, breakthroughs in semiconductor technology, and growth in cloud computing driven by AI demand. Other stories include a crackdown on a Singaporean fintech company and the rise of Cambricon Technologies as a potential Nvidia rival.

Key Points

  • China unveils a new VTOL drone with a unique design
  • Cambricon Technologies warns investors of risks despite 533% stock surge
  • China achieves breakthroughs in airborne wind turbine and semiconductor technology
  • Tencent expects growth in international cloud computing driven by Chinese AI demand
  • Malaysian police crack down on a Singaporean fintech company tied to Manchester United

Articles in this Cluster

China unveils VTOL drone that looks like UFO ‘Gimbal’ spotted by US Navy pilots | South China Morning Post

Chinese scientists have successfully tested a new vertical take-off and landing (VTOL) drone that bears a striking resemblance to the 'Gimbal' UFO footage captured by US Navy pilots in 2015. The drone features a radical aerodynamic design with an elliptical, ringlike wing and four rotors, potentially improving endurance, stability, and multi-mission versatility in uncrewed flight. While still experimental, the drone represents a significant advancement in aerospace technology.
Entities: China, US Navy, USS Theodore Roosevelt, Gimbal, VTOL droneTone: neutralSentiment: neutralIntent: inform

China’s ‘little Nvidia’ warns investors of risks after stock gains 533% in a year | South China Morning Post

China-based AI chipmaker Cambricon Technologies, often referred to as 'China's little Nvidia', has issued a warning to investors about supply chain risks and excessive speculation in its shares. The company's stock has surged 533% in the past year, driven by favorable Chinese policies supporting local AI chip development and a new AI model from DeepSeek. Cambricon reminded investors that it is subject to US export restrictions, which could impact its supply chain and operating performance. The warning came after the company's shares became the most valuable in China's onshore stock market, surpassing liquor distiller Kweichow Maotai.
Entities: Cambricon Technologies, Nvidia, China, DeepSeek, Shanghai Stock ExchangeTone: neutralSentiment: negativeIntent: inform

China’s turbine leap, a billion-dollar property sale in Hong Kong: SCMP’s 7 highlights | South China Morning Post

The South China Morning Post highlights seven significant news stories from Hong Kong, mainland China, and the wider Asia region. The stories include China's breakthrough in airborne wind turbine technology, the arrest of a former Malaysian prime minister's son with heroin, and the rise of Cambricon Technologies as a potential rival to Nvidia in the AI chip market.
Entities: China, Hong Kong, Malaysia, Cambricon Technologies, NvidiaTone: neutralSentiment: neutralIntent: inform

Luo Weiwei: the former Nasa scientist who became China’s semiconductor trump card | South China Morning Post

Luo Weiwei, a former Nasa scientist, has become a key figure in China's semiconductor industry by founding Innoscience, a company specializing in gallium nitride (GaN) technology. Innoscience has rapidly risen to become the world's largest dedicated GaN manufacturer and a strategic asset in China's quest for technological self-reliance. Luo's company has achieved significant milestones, including mass-producing 8-inch silicon-based GaN wafers, positioning China at the forefront of third-generation semiconductor technology.
Entities: Luo Weiwei, Nasa, Innoscience, China, United StatesTone: neutralSentiment: positiveIntent: inform

Malaysian police raid Singapore firm with ties to Manchester United amid scam crackdown | South China Morning Post

Malaysian police raided a Singaporean fintech company's office in Kuala Lumpur, arresting over 400 people in connection with a scam crackdown. The company, Doo Group, has ties to Manchester United as its sponsor. The operation was part of a larger effort to combat scam call centers in Malaysia, which have been known to target victims both domestically and internationally. The police chief stated that investigations are ongoing and a press conference will be held soon.
Entities: Malaysian police, Doo Group, Manchester United, Kuala Lumpur, SingaporeTone: neutralSentiment: negativeIntent: inform

Tencent counts on demand for Chinese AI tools to lift overseas cloud computing business | South China Morning Post

Tencent Holdings is aiming for aggressive growth in the international cloud computing market, driven by the growing demand for Chinese artificial intelligence (AI) models. The company's Cloud and Smart Industries Group (CSIG) has been expanding rapidly, with high double-digit growth over the past few years. Senior executive vice-president Dowson Tong Tao-sang attributes this growth to AI, citing opportunities to bring Chinese open-source AI models to overseas clients. Tencent is targeting AI opportunities beyond China, competing with innovative start-ups and internet peers like Alibaba Group Holding, Baidu, and ByteDance. The company is helping clients leverage open-source models and host large language models within their own regions.
Entities: Tencent Holdings, Dowson Tong Tao-sang, China, Alibaba Group Holding, BaiduTone: neutralSentiment: positiveIntent: inform