4 h. ago How Apple helped China become a world leader in electronics manufacturing

How Apple helped China become a world leader in electronics manufacturing  WBUR

Politics

5 h. ago Beijing auction house sells Labubu figurine at whopping ₹1.28 crore | World News

Beijing auction house sells Labubu figurine at whopping ₹1.28 crore | World News - Hindustan Times  Hindustan Times

Politics

6 h. ago Chinese academy launches automated system to speed up chip design

The Chinese Academy of Sciences (CAS), the nation’s premier science institution, has unveiled a chip design system driven by artificial intelligence (AI) that has the potential to significantly accelerate semiconductor development and replace human programmers. Developed by the State Key Laboratory of Processor and the Intelligent Software Research Centre, both under CAS, and the University of the Chinese Academy of Sciences, the fully automated integrated circuit design system is called QiMeng,...

Politics

7 h. ago Tencent Music to buy Ximalaya, an audio app used by 300 million users

Tencent Music Entertainment Group, China’s largest online music platform by user count, announced on Tuesday its acquisition of audio content platform Ximalaya for about US$2.4 billion in cash and stock. The Tencent Holdings subsidiary will offer US$1.26 billion in cash and up to 5.2 per cent of its total outstanding class A ordinary shares. It will also issue up to 0.37 per cent of its shares to Ximalaya’s founding investors. As part of the deal, Ximalaya will restructure certain existing...

Economics

7 h. ago Apple’s most sweeping software redesign disappoints mainland Chinese consumers

Mainland Chinese consumers were left unimpressed by Apple’s most sweeping software redesign in its history, according to domestic social media posts on Tuesday, at a time when the US technology giant faces growing headwinds in the world’s largest smartphone market. Apple on Monday previewed a new software interface design, called Liquid Glass, during the company’s annual Worldwide Developers Conference held at its US headquarters in Cupertino, California. For the very first time, the new design...

Events

8 h. ago India expected to maintain robust growth despite Pakistan tensions, trade woes

India is poised to remain the world’s fastest-growing major economy this year, analysts have said, with a recent jumbo rate cut by its central bank expected to boost consumption and investment, even as the country contends with fresh military tensions with Pakistan and an uncertain global trade environment. The Reserve Bank of India (RBI) last week delivered a larger-than-expected interest rate cut of 50 basis points and reduced the cash reserve ratio – the minimum amount of capital banks must...

Events

9 h. ago A quantum leap: Chinese institute begins photonic chip production

An institute affiliated with Shanghai Jiao Tong University has commenced production of photonic chips, marking a milestone in China’s semiconductor sector and providing a boost to the country’s quantum computing capabilities in spite of increased US export controls. The Chip Hub for Integrated Photonics Xplore (CHIPX), located in Wuxi in eastern Jiangsu province, now produces 6-inch thin-film lithium niobate photonic chip wafers, according to local authorities. The development underscores...

Politics

9 h. ago US trade officials mull further rollback of port fee rules – what’s different now?

As the world awaits the outcome of the China-US trade talks in London this week, the US Trade Representative (USTR) has proposed changes to shipping policy – marking another possible rollback from the stricter measures announced in April that aimed to revive the domestic industry and curb China’s shipbuilding dominance. The proposed revisions, issued in a short press release over the weekend, would reduce port fees for car carriers and ease restrictions on liquefied natural gas (LNG) tankers....

Politics

11 h. ago Chinese premier urges faster tech applications amid US export controls

Chinese Premier Li Qiang has called for a push to speed up the application of new advances in science and technology, as the country accelerates efforts to break its dependence on US tech and develop a world-leading industrial base. In a State Council meeting on Monday, Li called the application of new technologies the “last mile” of innovation, as it links innovation and industry and is important in driving new products and services, state-run news agency Xinhua reported. The premier’s comments...

Politics

11 h. ago Labubu becomes bait for China’s Ping An Bank to lure young customers

Hoping the world’s trendiest monster will scare up some new customers, China’s Ping An Bank is rewarding those who open new accounts with a Pop Mart Lababu doll amid fierce competition for young customers among Chinese retail banks. New clients who open a savings account and deposit more than 50,000 yuan (US$6,954) for at least three months could receive a blind box from the first or second series of the Chinese toy retailer’s popular collectibles, according to media reports. Customers who also...

Economics

11 h. ago TikTok adds 500 UK jobs in expansion as US fate remains uncertain

TikTok, the short video app owned by Beijing-based ByteDance, is expanding in the United Kingdom, adding a new office and more than 500 jobs, while its fate in the US remains uncertain as a June 19 sell-or-ban deadline approaches. The new 135,000 sq ft office in Barbican, London, is set to open early next year, according to a statement published on TikTok’s website on Monday. The additional jobs will grow its UK workforce to 3,000 this year, the company said. In addition to its existing 88,500...

Politics

11 h. ago US crackdowns on academia will only send global talent elsewhere

Where would the United States be without immigrant talent? Some of the country’s leading tech companies, including Alphabet and Nvidia, were founded or co-founded by immigrants. Two-thirds of the tech workers in Silicon Valley are foreign-born. According to research by the Institute for Progress, 60 per cent of the US’ top artificial intelligence (AI) companies have immigrant founders, including former international students. The role of Cambridge, Massachusetts as a magnet for global talent is...

Politics

14 h. ago World’s tallest monk? Victor Wembanyama spotted at China’s Shaolin Temple with shaved head

World’s tallest monk? Victor Wembanyama spotted at China’s Shaolin Temple with shaved head  CNN

Politics

15 h. ago Megaquake scare in Japan, Philippines boosts air power: 7 Asia highlights

We have selected seven stories from the SCMP’s coverage of Asia over the past week that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Japan on alert as Hokkaido tremors reignite megaquake fears A string of moderate earthquakes off the coast of Japan’s northern island of Hokkaido has reignited concerns among experts and residents about the risk of a catastrophic seismic event – though scientists stress...

Politics

18 h. ago Billionaire Johnson Family’s VC Fund to Exit China Tech Holdings

Billionaire Johnson Family’s VC Fund to Exit China Tech Holdings  Bloomberg.com

Politics

21 h. ago Losses, pricing reform in focus as Shanghai hosts world's largest solar conference

Losses, pricing reform in focus as Shanghai hosts world's largest solar conference  Reuters

Politics

23 h. ago US arrests another Chinese scientist with no permit to send biological material

Another Chinese researcher has been arrested upon entering the United States, amid an escalating federal probe into the alleged smuggling of biological materials – marking the second such case in less than a week. Han Chengxuan, a PhD candidate at Huazhong University of Science and Technology (HUST) in Wuhan, was accused of shipping four undeclared packages containing biological materials from China to a University of Michigan lab—and lying to federal agents about it. Her arrest on Sunday...

Events

26 h. ago US Pentagon orders 700 Marine Corps troops to Los Angeles as unrest spreads

The US Pentagon ordered hundreds of Marine Corps members to Los Angeles to quell unrest that has led to a political stand-off between Washington and officials in the West Coast state. Earlier on Monday, California Governor Gavin Newsom threatened to sue US President Donald Trump for dispatching National Guard troops to America’s second-most-populous city without state authorisation. Chinese and Asian residents in the economically powerful state expressed concern amid fear that, having already...

Politics

26 h. ago US Pentagon deploying 700 Marines to quell Los Angeles unrest

The US Pentagon ordered hundreds of Marine Corps members to Los Angeles to quell unrest that has led to a political stand-off between Washington and officials in the West Coast state. Earlier on Monday, California Governor Gavin Newsom threatened to sue US President Donald Trump for dispatching National Guard troops to America’s second-most populous city without state authorisation. Chinese and Asian residents in the economically powerful state expressed concern amid fear that, having already...

Politics

26 h. ago Trump deploying 700 Marines and 2,000 more National Guard to quell LA unrest

The US Pentagon ordered hundreds of Marines to Los Angeles and an additional 2,000 National Guard members on Monday to quell unrest that has led to a political stand-off between Washington and officials in the West Coast state. Earlier in the day, California Governor Gavin Newsom threatened to sue US President Donald Trump for dispatching National Guard troops to America’s second-most populous city without state authorisation. Chinese and Asian residents in the economically powerful state...

Politics