94 m. ago Apple’s China iPhone sales face headwinds in second half: Counterpoint

Demand for Apple’s iPhone in mainland China is expected to encounter headwinds in the second half of 2025, after sales of the device received a strong boost in recent months on the back of promotions in the world’s biggest smartphone market. In the second half, “iPhone sales in China will stumble amid weak consumer spending and an ageing iPhone 16 cycle, while tepid iPhone 17 upgrades won’t spark demand”, Counterpoint Research senior analyst Ivan Lam said on Thursday. He added that efforts by...

Politics

1 hour ago White House lifts chip design export ban on China in exchange for rare earth materials compromise — export licences for EDA software sales no longer required

White House lifts chip design export ban on China in exchange for rare earth materials compromise — export licences for EDA software sales no longer required  Tom's Hardware

Events

1 hour ago How are Chinese carriers pushing limits and testing boundaries in the Pacific?

New details emerging about a rare Chinese military drill involving two aircraft carriers in the Western Pacific last month reveal that the vessels are training with greater intensity and complexity, according to experts. One analyst said that by testing themselves against each, the Liaoning and Shandong carriers could gain a level of experience that even the United States military could not gain in battle because it was usually engaged with far less powerful rivals. Since Monday, state...

Politics

1 hour ago Apple's China iPhone sales grows for the first time in two years

Apple's China iPhone sales grows for the first time in two years  NBC4 Washington

Politics

2 h. ago Like Google, China's biggest search player Baidu is beefing up its product with AI to fight rivals

Like Google, China's biggest search player Baidu is beefing up its product with AI to fight rivals  CNBC

Sport

2 h. ago China’s power bank crackdown: 6 preflight answers for wary travellers

China’s aviation authorities have imposed an emergency ban on air passengers’ carrying substandard power banks, catching many travellers off guard. The safety precaution, which went into effect on June 28, two days after being announced by the Civil Aviation Administration of China (CAAC), has triggered questions and concerns. Here are six points that people travelling to and within China need to know – from which power banks are still allowed, to what can be done with ineligible ones at the...

Events

2 h. ago Explainer | China’s power bank crackdown: 6 preflight answers for wary travellers

Explainer | China’s power bank crackdown: 6 preflight answers for wary travellers  South China Morning Post

Events

2 h. ago Hong Kong police arrest teenager who was alleged driver in fatal hit

Hong Kong police have apprehended a 19-year-old man in connection with a suspected hit-and-run accident that killed a 71-year-old man on a bicycle on Tuesday, the Post has learned. The arrest came a day after a couple, including a woman believed to be the suspect’s grandmother, were taken into custody. A source familiar with the matter said the suspect, who was allegedly the driver of the car involved in the incident, was arrested before 10am on Thursday at his home in Mai Po Village in Yuen...

Events

4 h. ago Hong Kong court quashes government decision to refuse permits to 2 Uber drivers

A Hong Kong court has quashed a government decision to refuse hire car permits to two prospective Uber drivers seven years ago, rejecting authorities’ contentions that the move could open the floodgates for ride-hailing services and private vehicles to operate as “pseudo-taxis”. In a written judgment handed down on Thursday, the High Court found the Commissioner for Transport’s dismissal of two litigants’ requests for a permit in 2018 to be based on an “impracticable, illogical and unworkable”...

Politics

4 h. ago Economist Huang Yiping floats Hong Kong as stablecoin staging ground

Issuing a stablecoin pegged to the offshore yuan in Hong Kong may be more feasible than in mainland China due to the latter’s capital controls, a central bank adviser has said. The comments from Huang Yiping, also dean of Peking University’s National School of Development, came as worries arise in Beijing’s policy circles that Washington could gain an upper hand through the cryptocurrency offshoot as a means of consolidating US dollar dominance. “As China’s capital account is not fully...

Politics

8 h. ago Tesla China EV sales rise 3.7% in June amid surge in local competition

Tesla China EV sales rise 3.7% in June amid surge in local competition  Investing.com

Politics

9 h. ago Siemens says US has allowed chip software sales to China to resume

Siemens says US has allowed chip software sales to China to resume  Financial Times

Events

9 h. ago Chip software makers say US restrictions on sales to China lifted

Chip software makers say US restrictions on sales to China lifted  Financial Times

Events

9 h. ago China’s central bank seeks European lenders’ advice on low interest rates

China’s central bank seeks European lenders’ advice on low interest rates  Financial Times

Politics

10 h. ago Tech war: US lifts export control of chip design software to China

The US said on Thursday it had lifted export controls on certain chip design software to China, according to statements from Siemens, Synopsys and Cadence Design Systems. Three of the world’s largest electronic design automation (EDA) software developers have been informed by the US government that sales of their products to China would no longer require special approval, signalling a further easing of bilateral tensions. San Jose, California-based Cadence said in an email that the US Bureau of...

Events

10 h. ago Tesla's China EV sales rise 3.7% y/y to 61,000 vehicles in June

Tesla's China EV sales rise 3.7% y/y to 61,000 vehicles in June  Reuters

Politics

11 h. ago Gold’s Record Rally Ignites Fundraising Spree for China Miners

Gold’s Record Rally Ignites Fundraising Spree for China Miners  Bloomberg

Politics

14 h. ago Emperor’s financial struggle mirrors current state of Hong Kong real estate

Hong Kong developer Emperor International Holdings’ struggles reflect the highs and lows the city’s property sector has endured over the past few years. Just over five years ago, residential and commercial real estate prices and rents were hitting record highs. Developers reported robust earnings and had access to cheap financing, boosting their confidence – and that of investors – to spend more on new projects or acquire existing income-generating properties. But this golden era ended abruptly....

Politics

23 h. ago Chinese sellers bracing as Amazon Prime Day sale and tariff pressure to collide

Ahead of Amazon’s annual Prime Day sales event, Chinese sellers are already walking a tightrope as they try to strike a balance between staying competitive and adjusting to Washington’s tariffs. Gloria Gu, an Amazon seller based in Zhejiang province, said her outlook for this year’s summer event – extended this year to a record four days, July 8-11 – was “not optimistic”. Her company mainly sells household consumables – low-margin products that are highly price-sensitive. “Depending on the item,...

Politics

25 h. ago Thai minister Phumtham set to become acting PM after predecessor’s one

Phumtham Wechayachai is poised to take over as Thailand’s acting prime minister, as the Pheu Thai-led government grapples with deepening political uncertainty following the suspension of Prime Minister Paetongtarn Shinawatra. He will replace Deputy Prime Minister Suriya Juangroongruangkit, who held the position for just one day. Phumtham’s assumption of the role hinges on his formal swearing-in as interior minister, scheduled for Thursday, following a royal decree approving a cabinet reshuffle....

Politics