2 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

13 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

14 h. 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

16 h. 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

16 h. ago Pentagon chief warns China preparing for war, calls Beijing top US threat

Pentagon chief warns China preparing for war, calls Beijing top US threat  Business Standard

Events

22 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

25 h. ago China approves world’s biggest amphibious plane, AG600, for mass production

China’s home-grown AG600, the world’s largest amphibious aircraft, has been given the green light for mass production, marking a step forward in building an independent and globally competitive aviation industry. The Civil Aviation Administration of China (CAAC) certified the plane on Wednesday, confirming that its developer, the state-owned Aviation Industry Corporation of China (Avic), has established a reliable system to consistently produce aircraft that meet safety standards, according to...

Politics

26 h. ago Mainland China scientists build electronic war game for Taiwan and nearby waters

A PLA mobile electronic warfare platform deployed southeast of Taiwan activates its emitter, shattering the electromagnetic silence with powerful pulses, which are initially blocked by the island’s towering central mountain range. But while the key eastern military bases are unaffected at first, gradually the signals navigate the complex terrain, reflecting like mirrors off slopes and scattering across rough surfaces. Eventually, they cross the peaks to blanket the entire island and its...

Events

27 h. ago Communist Beijing doubles down on Dunleavy over Alaska's outreach to democracy

Communist Beijing doubles down on Dunleavy over Alaska's outreach to democracy-loving Taiwan  Must Read Alaska

Politics

28 h. ago China’s orchard of AI, chip grads now ripe for the pickin’ as tech trade sours

When Jack Wang enrolled as an undergraduate in microelectronics at a prestigious Chinese university, the year was 2019, and China was in the early days of its trade war with the United States. Looking back, his decision to focus on the field revolving around the design and manufacture of hi-tech microchips has proved prescient. Today, it complements Beijing’s aspirations to make world-leading semiconductors amid Washington’s amped-up efforts to curtail China’s technological progress. Indeed, the...

Politics

37 h. ago Huawei founder sheds light on China’s strategy to overcome US curbs

Recent comments from Huawei Technologies founder and CEO Ren Zhengfei regarding US chip restrictions have shed light on China’s strategies to overcome Washington’s sanctions, according to analysts. In a front-page interview published on Tuesday by the People’s Daily, the mouthpiece of the Communist Party, the 80-year-old Ren expressed confidence that there was no need to worry about China’s access to advanced chips, asserting that the nation could achieve computing capabilities comparable to the...

Politics

40 h. ago iFlytek says using local chips in AI models extends development time by 3 months

A senior Chinese tech executive admits that using mainland-produced semiconductors could delay the development of artificial intelligence (AI) models by three months, but insisted that his company would continue to use these chips and push improved processes. Liu Qingfeng, chairman and founder of Chinese voice recognition solution provider iFlytek, said that the extended AI model development process was due to the need for additional computing resources, compared with using Nvidia chips and...

Politics

41 h. ago Chinese carmakers vow to make timely supplier payments as backlash to price war grows

Chinese carmakers vow to make timely supplier payments as backlash to price war grows  Reuters

Economics

44 h. ago US and China ease trade war tensions by agreeing ‘framework’ truce in London – business live

US and China ease trade war tensions by agreeing ‘framework’ truce in London – business live  The Guardian

Events

45 h. ago Gold Advances Even After US and China Agree to Ease Trade War

Gold Advances Even After US and China Agree to Ease Trade War  Yahoo Finance

Events

46 h. ago Gold Edges Higher Even as US and China Agree to Ease Trade War

Gold Edges Higher Even as US and China Agree to Ease Trade War  Bloomberg

Events

47 h. ago Mobile game advocating Hong Kong independence disappears from Apple’s App Store

A mobile game application banned for advocating Hong Kong and Taiwan independence can no longer be found on Apple’s App Store, according to checks by the Post, following its earlier removal from the Google Play Store. Reversed Front: Bonfire, a war-themed game developed by ESC Taiwan and launched in April, did not appear in search results on Wednesday, despite being available for download on the store the previous day. On Tuesday evening, Hong Kong police warned residents against downloading the...

Events

47 h. ago Trump administration and China agree on "framework" to ease trade war disputes

Trump administration and China agree on "framework" to ease trade war disputes  CBS News

Politics

56 h. ago Two Chinese Aircraft Carriers Are Operating Beyond The First Island Chain For The First Time

Two Chinese Aircraft Carriers Are Operating Beyond The First Island Chain For The First Time  The War Zone

Transport

57 h. ago In China, fears grow of an EV financial crisis amid pricing war

In China, fears grow of an EV financial crisis amid pricing war  CNBC

Events