Stories from Beijing · China

A Chinese tech firm reportedly fired an employee during their probation period after poaching them with a significantly higher salary offer. The employee claims they were offered nearly triple their original annual income, including stock options.

The total scale of fintech loans from listed banks in China is approaching 30 trillion yuan.

China's Ministry of Industry and Information Technology and the Cyberspace Administration have jointly issued interim measures for the ethical review and service of artificial intelligence.

China is seeking public input on a draft financial law that aims to establish a rapid response mechanism for financial market risks. China is soliciting public feedback on its strategies for responding to financial risks.

China has not reacted to US pressure regarding its policy towards Venezuela. China's delegation in the UAE met with officials, and the UAE delegation visited China. China has rejected pressure from the United States regarding its policy on Venezuela. The US had reportedly urged China to reconsider its engagement with Venezuela.

A Stanford report indicates that artificial intelligence is leading in publications and patents in China.

Nvidia is set to release its first ARM-based laptop, the N1X, on June 1st. The device will feature a Blackwell architecture GPU and come pre-installed with Windows. This launch signifies a four-way competition in the Windows ecosystem, including Intel, AMD, Qualcomm, and Nvidia.

China sought Nvidia chips despite US restrictions, according to a report on Zhihu Trending. The report details Nvidia's upcoming release of its first ARM-based laptop, the N1X, featuring a Blackwell GPU and Windows, indicating a competitive landscape.

Iran's Foreign Minister has visited China during a critical period, marking an diplomatic engagement. Chinese Foreign Minister Wang Yi met with Bangladesh's Foreign Minister, sending a strong message to India and the United States regarding China-Bangladesh relations.

International observers note that China's market is showing new vitality, with cross-border tourism during the May Day holiday reflecting this trend. SpaceX is scheduled to launch Falcon 9 Block 5 rockets for Starlink Group 10-43 and Starlink Group 17-47 on June 3, 2026.