14 m. ago China to remove tariffs on nearly all goods from Africa as both criticise US

Twenty more African countries, mostly from the continent’s middle-income nations, are set to gain access to the world’s largest consumer market duty-free as Beijing plans to remove tariffs for all products from every African nation except eSwatini. The measure was announced as African ministers joined Beijing at a meeting in central China affiliated with the Forum on China-Africa Cooperation (FOCAC). Amid the tariff war, representatives from China and African nations accused the United States of...

Politics

71 m. ago China’s Ant International to seek stablecoin licence in Hong Kong

Fintech firm Ant International, the global affiliate of Chinese tech giant Ant Group, said it would apply for a stablecoin issuer licence in Hong Kong once the new ordinance governing fiat-backed cryptocurrencies comes into effect in August. “We welcome the passage of the Stablecoins Bill and hope to contribute more to the city’s vision as a global hub for next-gen finance,” Ant International said in a statement on Thursday. “We plan to apply for the fiat-referenced stablecoins issuer’s...

Politics

94 m. ago Hong Kong Airlines cuts Japan routes over sluggish tourism and tremor concerns

Hong Kong Airlines is set to cancel flights to Kagoshima and Kumamoto in Japan in July and August, citing sluggish demand for tourism in the country, while flight schedules between the city and Nagoya will also be adjusted. The carrier announced the flight adjustments on Thursday amid growing concerns about a long-feared megaquake predicted to hit Japan. The airline said affected passengers could rebook to other destinations, including other cities in Japan and mainland China, as well as Taipei,...

Society

94 m. ago Hong Kong flights to 2 Japanese cities cut over sluggish tourism and quake fears

Hong Kong Airlines is set to cancel flights to Kagoshima and Kumamoto in Japan in July and August, citing sluggish demand for tourism in the country, while flight schedules between the city and Nagoya will also be adjusted. The carrier announced the flight adjustments on Thursday amid growing concerns about a long-feared megaquake predicted to hit Japan. The airline said affected passengers could rebook for other destinations, including other cities in Japan and mainland China, as well as...

Politics

96 m. ago Huawei 'has got China covered' if the U.S. doesn't participate, Nvidia CEO tells CNBC

Huawei 'has got China covered' if the U.S. doesn't participate, Nvidia CEO tells CNBC  CNBC

Politics

1 hour ago Fire erupts in Hong Kong shopping district, with smoke billowing into streets

A fire erupted in Hong Kong’s Causeway Bay on Thursday afternoon, with smoke billowing into the streets of the shopping district. A Post reporter observed smoke coming from what appeared to be the ground floor entrance of the Apartment O service flats near Eton Tower, with emergency personnel arriving at the scene to extinguish the blaze. At least nine fire trucks were spotted in the area. Police and firefighters also blocked off road access along Hoi Ping Road. The smoke could be smelt from...

Economics

1 hour ago Oil Prices Retreat. Investors Weigh Up China Deal and Middle East Tensions.

Oil Prices Retreat. Investors Weigh Up China Deal and Middle East Tensions.  Barron's

Economics

2 h. ago Trump’s ‘done deal’ with China just brings tariffs back to Liberation Day levels

Trump’s ‘done deal’ with China just brings tariffs back to Liberation Day levels  Fortune

Politics

2 h. ago Philippines’ Marcos softens stance amid economic pressures but will China bite?

President Ferdinand Marcos Jnr’s recent call to Filipino-Chinese businessmen to boost Manila’s bilateral ties with Beijing has raised the possibility that the Philippine leader is softening his stance on China. However, while the president’s sudden pivot could signal a recalibration of his approach, observers say the move is unlikely to yield any results in the near term because of his earlier hardline policy, including a statement earlier this month by his defence chief at a major security...

Economics

2 h. ago Nvidia bets on European AI push amid shrinking China revenue

Nvidia is trying to woo European markets with new partnerships and a pledge to build 20 new artificial intelligence (AI) factories across the continent, as the US chip giant grapples with declining sales in China amid Washington’s tightening export controls. CEO Jensen Huang, speaking at the annual VivaTech conference in Paris on Wednesday, said the company was building the world’s first “industrial artificial intelligence cloud” for European manufacturers. The Germany-based facility, a key part...

Politics

2 h. ago China affirms trade deal with US, says it always keeps its word

China affirms trade deal with US, says it always keeps its word  CNA

Economics

2 h. ago Beijing to open world's first '4S store' for embodied AI robots

Beijing to open world's first '4S store' for embodied AI robots  China Daily

Events

3 h. ago Massed drone deployments part of military modernisation: China’s PLA Daily

China’s military mouthpiece has called for the large-scale and centralised deployment of unmanned combat forces at key locations to fully realise their potential in any future intelligent warfare, amid rising tensions with the US in the Indo-Pacific. In an article published on Tuesday, the PLA Daily urged “innovative” organisation and applications of unmanned systems, highlighting their “decisive and dominant” role in future conflicts, including the capability to conduct close-range precision...

Events

4 h. ago Watch: Large fire breaks out at motorcycle parking lot in China

Watch: Large fire breaks out at motorcycle parking lot in China  BBC

Events

4 h. ago Chinese premier says officials must adapt to ‘complex and severe’ situation

Chinese Premier Li Qiang has urged the nation’s officials to improve their ability to anticipate challenges and accurately implement policies amid a turbulent geopolitical environment. “At present, the task to comprehensively promote the Chinese path to modernisation with high-quality development is heavy and difficult, with the external situation remaining complex and severe,” he said on Wednesday, as reported by state-run news agency Xinhua. During this difficult period, officials needed to...

Politics

4 h. ago China’s photonic chip debut to power AI, 6G and quantum computing push

As China joins the international drive to mass produce high-performance photonic chips, an industry pioneer said the technical performance of its chips will position the country for major advances in artificial intelligence (AI), 6G and quantum computing. Shanghai Jiao Tong University Chip Hub for Integrated Photonics Xplore (CHIPX) announced on June 5 that it had begun producing 6-inch (15.2cm) wafers for thin-film lithium niobate (TFLN) photonic chips, which rely on light – or photons – rather...

Politics

4 h. ago China’s photonic chip debut to power AI, 6G and quantum computing push: expert

As China joins the international drive to mass produce high-performance photonic chips, an industry pioneer said the technical performance of its chips will position the country for major advances in artificial intelligence (AI), 6G and quantum computing. Shanghai Jiao Tong University Chip Hub for Integrated Photonics Xplore (CHIPX) announced on June 5 that it had begun producing 6-inch (15.2cm) wafers for thin-film lithium niobate (TFLN) photonic chips, which rely on light – or photons – rather...

Politics

4 h. ago Book on Beijing's Central Axis takes readers on cultural journey

Book on Beijing's Central Axis takes readers on cultural journey  China Daily

Culture

5 h. ago China’s fitness grandma, maths genius gets millions of fans: 5 trending stories

We have selected five Trending in China stories from the past seven days that resonated with our readers. If you would like to see more of our reporting, please consider subscribing. 1. ‘Age is just a number’: China grandma, 71, stars in fitness contest, shares tips A Chinese grandmother has inspired countless netizens after winning third place in a fitness competition, following four years of rigorous training. On June 1, 71-year-old Sun Minghui, who is originally from Ma’anshan in Anhui...

Sport

6 h. ago Chinese vessel grounding: concern in Philippines over new grey

A recent case of a Chinese militia vessel running aground on a strategic island in the disputed South China Sea has raised concerns from the Philippine side of another wave of so-called grey-zone activities by Beijing, even as Manila’s officials acknowledge the incident could be down to inclement weather. Observers point to the Philippines having adopted the same strategy to stake claim over the Second Thomas Shoal when it permanently grounded the war vessel BRP Sierra Madre in 1999. The recent...

Politics