13 m. ago Cairo calling: why Chinese factories are moving to Egypt amid the trade war

Until recently, Jiahao’s guest house in a quiet corner of Cairo was a modest pit stop for Chinese tourists on their way to visit the Egyptian pyramids. But this spring, the hostel suddenly began to attract a different kind of client. Jiahao, the hostel’s 26-year-old owner, began welcoming groups of factory owners from across China and Southeast Asia – grizzled businesspeople whose trips were not about sightseeing, but survival. “Many business owners now book week-long stays,” Jiahao said. “I...

Events

8 h. ago Why Chinese firms building foreign factories are no longer focused on US market

This year’s escalation of the US-China trade war has led many Chinese companies to rethink their overseas expansion strategies, with accessing the American market no longer their top priority when considering building factories in foreign countries, industry insiders said. There had been a “drastic downshift” in inquiries from Chinese companies seeking land to rent or purchase in Mexico, one of their hottest overseas investment destinations in the past, said Jack Lee, an industrial property...

Economics

14 h. ago Massive Chinese Stealth Flying Wing Emerges At Secretive Base

Massive Chinese Stealth Flying Wing Emerges At Secretive Base  The War Zone

Events

14 h. ago Massive Stealth Flying Wing Emerges At Secretive Chinese Base

Massive Stealth Flying Wing Emerges At Secretive Chinese Base  The War Zone

Events

17 h. ago China’s top diplomat condemns Israeli attacks on Iran, saying diplomatic means ‘not yet exhausted’

China’s top diplomat condemns Israeli attacks on Iran, saying diplomatic means ‘not yet exhausted’  Anadolu Ajansı

Politics

29 h. ago AIIB whistleblower sees China 'doubling down' on party control

AIIB whistleblower sees China 'doubling down' on party control  Nikkei Asia

Politics

29 h. ago Taiwan war game triggers US questions over island’s ‘will to fight’

A high-level civilian war game held in Taipei this week has exposed serious vulnerabilities in Taiwan’s defences of its outer perimeter and eastern regions, prompting a retired US admiral to warn that Washington’s involvement depended on “Taiwan’s will to fight”. In the exercise simulating a 2030 cross-strait conflict, Taiwan lost control of key outlying territories – most notably Penghu, a group of islands 50km (30 miles) east of the main island – as the People’s Liberation Army (PLA) launched...

Sport

29 h. ago Taiwan war game triggers US questions over its ‘will to fight’ if PLA attacks

A high-level civilian war game held in Taipei this week has exposed serious vulnerabilities in Taiwan’s defences of its outer perimeter and eastern regions, prompting a retired US admiral to warn that Washington’s involvement depended on “Taiwan’s will to fight”. In the exercise simulating a 2030 cross-strait conflict, Taiwan lost control of key outlying territories – most notably Penghu, a group of islands 50km (30 miles) east of the main island – as the People’s Liberation Army (PLA) launched...

Events

30 h. ago China condemns Israeli strikes on Iran, warns of 'red line' breach

China condemns Israeli strikes on Iran, warns of 'red line' breach  Tehran Times

Events

31 h. ago Russia, China condemn Israel's attacks on Iran in UN Security Council

Russia, China condemn Israel's attacks on Iran in UN Security Council  Ynetnews

Events

31 h. ago China condemns Israel’ violation of Iran’s sovereignty, security and territorial integrity: Chinese envoy to UN

China condemns Israel’ violation of Iran’s sovereignty, security and territorial integrity: Chinese envoy to UN  Global Times

Politics

42 h. ago India Exposes China's 'Double Standard' On Pakistan Terrorism; Beijing Responds

India Exposes China's 'Double Standard' On Pakistan Terrorism; Beijing Responds  thedailyjagran.com

Events

48 h. ago Huawei’s AI chip output limited to 200,000 in 2025, US commerce official says

Huawei Technologies is expected to ship no more than 200,000 of its advanced artificial intelligence (AI) semiconductors this year, according to a senior Trump administration official overseeing US export controls, who estimated that “most or all of” those chips would be supplied to enterprises within China. That figure would pale in comparison to the more than 1 million China-specific H20 graphics processing units (GPUs) produced by Nvidia in the last nine months of 2024, according to a January...

Politics

48 h. ago China extracts critical mineral rubidium from brine for first time

Chinese scientists have achieved a breakthrough in the commercial extraction of the critical metal rubidium directly from salt lake brine, potentially slashing dependence on imports – mostly from Canada – that now supply two-thirds of China’s needs. This industrial-scale method produces ultra-pure rubidium chloride from ultra-low concentrations, offering a new domestic source for this strategically vital material. The Qinghai Institute of Salt Lakes (ISL) of the Chinese Academy of Sciences (CAS)...

Politics

53 h. ago As Chinese exporters explore home market, how are letters of credit helping?

After the United States imposed so-called reciprocal tariffs on imports from China in April, Beijing took steps to help Chinese exporters sell their products domestically. In addition to the staging of product promotion events across the country and the offering of fiscal and financial incentives, Beijing also encouraged the increased use of letters of credit (L/Cs) to help such businesses switch focus to the domestic market. What is a domestic letter of credit? A letter of credit, also known as...

Politics

55 h. ago China delays approval of $35bn US chip merger amid Donald Trump’s trade war

China delays approval of $35bn US chip merger amid Donald Trump’s trade war  Financial Times

Politics

58 h. ago Chinese solar firms bank on overseas expansion to survive amid US tariffs

Chinese solar and energy-storage companies will continue to press ahead with their overseas expansion with or without a long-term agreement on trade tariffs, as production abroad holds the key to their long-term survival, according to executives at China’s largest solar industry exhibition. Although the US and China reached a 90-day truce in their ongoing tariff war in May, solar panel exports from China and Southeast Asia to the US are still subject to tariffs of as much as 3,521 per cent, with...

Economics

69 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

2 d. ago China’s PLA Daily slams US Golden Dome plan, warns of space arms race

China’s military newspaper has condemned America’s planned “Golden Dome” space-based missile defence system, warning that it may threaten global strategic stability and trigger an arms race in space. “The development of the Golden Dome system and the US Space Force’s rapid expansion have further militarised outer space,” a commentary in the PLA Daily warned on Thursday, adding that such moves could potentially intensify great power rivalry and challenge international arms control norms. The...

Events

3 d. 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