4 d. ago As US adds more semiconductor hurdles, Chinese firms could seize an opportunity

China’s drive for economic self-reliance is raising the spirits and prospects of its semiconductor industry, as insiders expect more home-grown technologies after Washington revoked waivers for some foreign-owned chipmakers’ factories in China to use US technologies in their operations. The Chinese branches of South Korean chipmakers Samsung and SK Hynix, as well as Intel Semiconductor (Dalian), will lose their fast-track status for compliance as “validated end-users”, meaning they will need to...

Politics

4 d. ago Asia factory activity shrinks as US tariffs bite, China bucks trend

Asia factory activity shrinks as US tariffs bite, China bucks trend  Yahoo Finance

Politics

5 d. ago India’s Modi meets Xi on his first China trip in seven years as Trump’s tariffs bite

India’s Modi meets Xi on his first China trip in seven years as Trump’s tariffs bite  CNN

Politics

8 d. ago Chinese printing factories flock to US as tariffs shake up e

In late 2023, Kent Liu finally decided to take a leap of faith: it was time to move his customised printing business from China to the United States. Liu felt he needed to make a change. For years, his company had made money by printing T-shirts, hats and other apparel in China for a range of clients, which were then shipped to the United States. But that model was increasingly under threat. In 2018, America raised tariffs on Chinese goods, and tensions between the two powers had continued to...

Politics

1 week ago How Trump’s China tariffs pushed 2 US retailers to brink of bankruptcy

US President Donald Trump’s tariffs on Chinese imports are biting into the income of some American retail-focused companies, with at least two already in bankruptcy court and others forecasting significant losses. Exporters were shouldering a relatively small share of duties on goods sent from China to the US, leaving American firms to absorb the remaining costs or pass them on to consumers, according to minutes from the Federal Open Market Committee’s meeting on July 29-30, citing the views of...

Politics

2 w. ago Apple contractor Foxconn ramps up hiring at China factory ahead of iPhone 17

Apple’s main contract manufacturer, Foxconn Technology Group, has ramped up recruitment efforts ahead of the September launch of the iPhone 17, offering higher pay and bonuses for assembly line workers at its plants in Zhengzhou and Shenzhen. The world’s largest iPhone factory in Zhengzhou, in central Hunan province, has started increasing pay scales to lure temporary workers. A Tuesday post on WeChat by one of Foxconn’s recruiting agencies said workers who stayed at the factory for three months...

Politics

2 w. ago China's EV industry is spending more on factories abroad than at home for the first time

China's EV industry is spending more on factories abroad than at home for the first time  CNBC

Politics

3 w. ago China factories cut shifts and workers' pay as US tariffs bite

China factories cut shifts and workers' pay as US tariffs bite  Reuters

Economics

3 w. ago China’s AgiBot lands deal to deploy robots at car parts factories

Chinese robotics start-up AgiBot has secured an order from car parts manufacturer Fulin Precision to deploy nearly 100 robots across its factories, as commercial adoption of robotics gathers pace in the country. Shanghai-based AgiBot, founded in 2023 and known locally as Zhiyuan Robotics, said on Monday it reached an agreement to deploy its A2-W wheeled dual-armed manufacturing robots at Fulin Precision’s facilities. The A2-W – designed for tasks such as loading, unloading and transport –...

Politics

4 w. ago Is Hong Kong beating Singapore, Taiwan in attracting foreign domestic helpers?

Hong Kong is more competitive in attracting foreign domestic helpers than Singapore and Taiwan, especially in terms of pay and legal protection, but weakened demand in the city may drive new migrant workers to seek opportunities in other markets, industry insiders have said. The comparison came after migrant workers’ groups called for a 30 per cent pay rise for helpers in the city to HK$6,500 (US$828) a month and for their food subsidy to be doubled to HK$2,700. The groups also blamed current...

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