64 m. ago Trump's China trade 'deal' returns the U.S. right back to where it started

Trump's China trade 'deal' returns the U.S. right back to where it started  MSNBC News

Politics

7 h. ago Nvidia CEO says Huawei has everyone ‘covered’ if US chip ban on China stays

Nvidia founder and CEO Jensen Huang said his company’s technology remained a generation ahead of those developed by China, but warned that Huawei Technologies was in a position to expand its semiconductor business should US chip export curbs stay in place. In an interview with US broadcaster CNBC on Thursday, Huang appeared to echo recent published remarks made by Huawei founder and CEO Ren Zhengfei, who said the Chinese company’s Ascend artificial intelligence (AI) processors lagged behind...

Politics

7 h. ago Beijing hoping for closer ties with Vatican as pope names first Chinese bishop

China said it was willing to promote better relations with the Vatican after the appointment of the first Chinese bishop under the new pope. On Wednesday, the Vatican said Pope Leo had named Joseph Lin Yuntuan, 73, as an auxiliary bishop in Fuzhou, capital of the southwestern province of Fujian, on June 5. The appointment continues an agreement reached under Leo’s predecessor, Pope Francis, that bishops must be approved by both sides. The announcement was made on the same day that Beijing...

Economics

8 h. ago How LA protests might force China to rethink its approach to US ties

The unrest in Los Angeles has revealed US domestic tensions that could momentarily divert Donald Trump’s attention from his China policies, potentially requiring a recalibration of Beijing’s approach towards Washington, according to Chinese analysts. One international relations expert urged Beijing to adopt a more pragmatic approach towards US ties and shift its focus to adapt to the conservative turn in American politics. After days of demonstrations in downtown Los Angeles over citywide US...

Events

8 h. ago WeChat Pay records fourfold rise in mainland tourist taxi payments in Hong Kong

WeChat Pay Hong Kong has recorded a fourfold increase in mainland Chinese tourist payments for taxi services in the city from last year and growing usage among locals and visitors alike, according to parent company Tencent. Vice-President of Tencent Financial Technology Daniel Hong Danyi said on Thursday that the number of transactions from mainland tourists paying for taxi fares through WeChat Pay had seen a fourfold increase year on year. “We saw that previously, many mainland tourists coming...

Economics

8 h. ago Xpeng and Chinese EV peers aim to win over Hongkongers amid global push

Chinese electric vehicle (EV) maker Xpeng aims to start offering Hong Kong consumers smart cars featuring semi-autonomous driving systems next year as it gears up to take on Tesla’s FSD (Full Self-Driving) feature outside mainland China. He Xiaopeng, co-founder and CEO of the Guangzhou-based carmaker, said in Hong Kong on Thursday that testing of its Xpeng Navigation Guided Pilot (X NGP) driver-assistance system in the city would take only two months before sales could begin. However, he added...

Politics

10 h. ago China’s viral Labubu toy has an unlikely fan – the ruling Communist Party

As Chinese companies ponder how best to market their products internationally, the example set by Pop Mart – the Beijing-based brand behind the viral Labubu toy – has been praised by the country’s state media for the creativity that underlies its success. The wide-mouthed, bug-eyed toy’s global fan base is evidence of a shift in priorities for China as it transforms from a producer of low-value goods to a hub of innovation, Qiushi, the Communist Party’s top theoretical journal, said in a...

Politics

10 h. ago ByteDance helps jewellery firm Lao Feng Xiang push AI glasses to China’s elderly

Social media giant ByteDance is helping the 177-year-old Chinese jewellery company Lao Feng Xiang develop a new generation of smart glasses, powered by artificial intelligence (AI), that feature real-time voice navigation and translation functions. Lao Feng Xiang debuted their initial line of wearable gadgets at Wednesday’s opening of the International Exhibition of Senior Care, Rehabilitation Medicine and Healthcare, the world’s biggest senior care expo, that is being held in the company’s home...

Politics

10 h. ago Trump’s hand against Beijing is getting weaker as Chinese exports to the U.S. tank 34% YOY

Trump’s hand against Beijing is getting weaker as Chinese exports to the U.S. tank 34% YOY  MSN

Politics

10 h. ago Hong Kong tobacco tycoon Charles Ho dies at 75 after lung cancer diagnosis

Hong Kong tobacco and media tycoon Charles Ho Tsu-kwok, formerly the chairman of the Sing Tao News Corporation, has died at the age of 75. He revealed in February that he had been diagnosed with lung cancer last year. Two sources confirmed his death on Thursday, but it was unclear when he died. Ho previously served as a standing committee member of China’s top political advisory body, the Chinese People’s Political Consultative Conference, and controlled the Sing Tao News Corp before he sold his...

Events

10 h. ago Japan Says Chinese Fighter Jet Flew Too Close to Its Military Plane

Japan Says Chinese Fighter Jet Flew Too Close to Its Military Plane  The New York Times

Events

11 h. ago Trump’s hand against Beijing is getting weaker as Chinese exports to the U.S. tank 34% year over year

Trump’s hand against Beijing is getting weaker as Chinese exports to the U.S. tank 34% year over year  Fortune

Politics

11 h. ago US Aircraft Carrier Holds 'Warfighting' Drills on China's Doorstep

US Aircraft Carrier Holds 'Warfighting' Drills on China's Doorstep  Newsweek

Events

12 h. 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

12 h. ago Ant International and Ant Digital to seek stablecoin licences in Hong Kong

Singapore-based Ant International and the Hangzhou-based Ant Digital, two affiliates of Chinese tech giant Ant Group, have announced plans to apply for stablecoin issuer licences in Hong Kong once the new ordinance governing fiat-backed cryptocurrencies takes 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, a spin-off of Ant’s global operations, said in a statement on...

Politics

12 h. ago 14th Chinese (Beijing) Defense Information Equipment & Technology Exhibition opens

14th Chinese (Beijing) Defense Information Equipment & Technology Exhibition opens  Global Times

Events

12 h. ago Chinese jets fly as close as 45 metres to Japanese patrol planes in Pacific

Chinese jets fly as close as 45 metres to Japanese patrol planes in Pacific  Reuters

Politics

13 h. 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

13 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

13 h. ago Pictures Show Chinese Jet Buzzing US Ally From Aircraft Carrier

Pictures Show Chinese Jet Buzzing US Ally From Aircraft Carrier  Newsweek

Transport