1 hour 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

3 h. ago In Hong Kong and globally, AI is not a job and wage killer, PwC says

Jobs requiring artificial intelligence (AI) skills are on the rise in Hong Kong as more businesses find practical use for the technology, but rather than replacing human ingenuity, AI is being combined with it to deliver productivity gains, according to PwC. The proportion of job postings in Hong Kong seeking AI skills rose to 1.9 per cent in 2024 from 1.6 per cent in 2021, according to the consultancy’s “Global AI Jobs Barometer” report published on Friday. In the information and communications...

Events

8 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

13 h. ago Trump wanted ‘90 deals in 90 days.’ Instead, he’s finding wins where he can.

Trump wanted ‘90 deals in 90 days.’ Instead, he’s finding wins where he can.  Politico

Politics

13 h. ago TikTok’s sister app Douyin courts merchants with lower deposit fees

TikTok owner ByteDance, whose Douyin short video app has emerged as a popular e-commerce shopping platform in China, will cut the guarantee deposit payable by merchants, in a move designed to keep existing sellers and lure new ones amid fierce competition. The deposit, held by the platform on behalf of sellers to cover potential costs such as refunds or penalties, would be capped at 5,000 yuan (US$695), a fraction of the previous maximum of 500,000 yuan. As a result, the deposit payable by...

Events

13 h. ago Crypto, China, critical minerals: inside Pakistan army chief’s US visit

Pakistan’s army chief, General Asim Munir, was set to arrive in Washington on Thursday, three weeks after his country’s flare-up with neighbouring, nuclear-armed rival India. Munir will stay in the US until June 18 and is expected to attend the US Army’s 250th anniversary celebrations on June 14 in the nation’s capital – a day that coincides with US President Donald Trump’s birthday, according to three people familiar with the matter. The Pakistani general is likely during his visit to travel to...

Politics

14 h. ago Opinion | Trump miscalculated on China. Now the administration is trying to fix the mess.

Opinion | Trump miscalculated on China. Now the administration is trying to fix the mess.  The Washington Post

Politics

14 h. ago Moutai, China’s premier liquor brand, may find austerity rules hard to swallow

China’s premier liquor distiller Kweichow Moutai – a brand that had, over decades, become synonymous with sumptuous feasts – is heeding a renewed mandate for austerity from Beijing, distancing its products from the extravagant hard-drinking lifestyle with which it had been linked in the public consciousness. Management at the company, valued at 1.86 trillion yuan (US$258.73 billion), has pledged to comply with strictures stressing thrift – guidelines that have helped to remove Moutai’s expensive...

Politics

14 h. ago China’s top baijiu maker faces sobering reality as austerity trims profits

China’s premier liquor distiller Kweichow Moutai – a brand that had, over decades, become synonymous with sumptuous feasts – is heeding a renewed mandate for austerity from Beijing, distancing its products from the extravagant hard-drinking lifestyle with which it had been linked in the public consciousness. Management at the company, valued at 1.86 trillion yuan (US$258.73 billion), has pledged to comply with strictures stressing thrift – guidelines that have helped to remove Moutai’s expensive...

Politics

15 h. ago Trump seems to reverse course on Chinese students in US, saying he supports them

US President Donald Trump reiterated his support for Chinese students in America on Thursday and pledged to help them remain in the country after graduation, distancing himself from initiatives that his administration has announced to limit or block international students because of national security concerns. “I’ve always been strongly in favour of it. I think it’s a great thing,” Trump said on Thursday, referring to Chinese nationals seeking to study in the US. “It’s also good for our schools....

Politics

15 h. ago Trump cannot hope to solve a China ‘problem’ he has misdiagnosed

Amid a US-China trade truce, negotiators in London reached a “framework” agreement to activate the Geneva deal, raising hopes for an immediate alleviation of the trade conflict, including potentially a US commitment to revoke some of its tech embargoes in return for China’s relaxation of rare earth export restrictions. The full details of the London agreement are expected to be available after both US President Donald Trump and President Xi Jinping have approved it. The two-day London...

Politics

15 h. ago Trump’s fundamental mistake is in seeing China as America’s problem

Amid a US-China trade truce, negotiators in London reached a “framework” agreement to activate the Geneva deal, raising hopes for an immediate alleviation of the trade conflict, including potentially a US commitment to revoke some of its tech embargoes in return for China’s relaxation of rare earth export restrictions. The full details of the London agreement are expected to be available after both US President Donald Trump and President Xi Jinping have approved it. The two-day London...

Politics

15 h. ago Opinion | Trump’s fundamental mistake is in seeing China as America’s problem

Opinion | Trump’s fundamental mistake is in seeing China as America’s problem  South China Morning Post

Politics

16 h. ago Trump’s China Trade Framework Mostly a Reset to Earlier Terms

Trump’s China Trade Framework Mostly a Reset to Earlier Terms  Bloomberg

Politics

16 h. 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

18 h. ago Trump’s hand against Beijing is getting weaker as Chinese exports to the U.S. tank 34% compared with a year ago

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

Politics

20 h. ago Trump Says Trade Deal With China is ‘Done,’ Imposes 55% Tariff

Trump Says Trade Deal With China is ‘Done,’ Imposes 55% Tariff  TechRepublic

Politics

21 h. ago China strikes cautious tone after Trump claims trade deal is 'done'

China strikes cautious tone after Trump claims trade deal is 'done'  Sky News

Politics

23 h. ago What Trump really means when he says ‘our deal with China is done’

What Trump really means when he says ‘our deal with China is done’  CNN

Politics

23 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