8 h. ago Plug pulled on Chinese firm Gotion’s US plant, days before Trump meets Xi

After years of fiery protests, lawsuits and intense scrutiny over alleged Communist Party ties, the plan for a controversial multibillion-dollar Chinese electric vehicle battery plant in Michigan is officially dead. The setback comes just days before President Xi Jinping will meet US counterpart Donald Trump to talk about fair trade and economic relations in South Korea. On Thursday, the state’s economic arm announced that it had suspended US$175 million in grants for the enterprise after...

Politics

18 h. ago Nexperia China accuses Dutch head office of spreading misinformation to customers

A Chinese firm under chipmaker Nexperia has openly challenged its Netherlands-based head office, accusing it of spreading misinformation to customers and further raising tensions in a dispute that could affect the stability of global industrial supply chains. Nexperia (Shanghai), one of nine China-registered entities under the Dutch company, asserted its independent operational status in a public letter to customers on its WeChat account, published in both English and Chinese, on Thursday. The...

Economics

30 h. ago Ukraine war: US unveils heavy Russia sanctions, says Putin wasn’t ‘honest’

US President Donald Trump has slapped major sanctions on Russia’s two largest oil companies after concluding that Vladimir Putin was not being “honest and forthright” in Ukraine talks, the US treasury chief said on Wednesday. The sanctions came a day after a planned Trump-Putin summit in Budapest was shelved, with Washington expressing its disappointment at the lack of progress in ceasefire negotiations with Moscow. “Given President Putin’s refusal to end this senseless war, Treasury is...

Politics

2 d. ago Beijing Pulls Plug on Ant Group, JD.com Stablecoin Initiatives

Beijing Pulls Plug on Ant Group, JD.com Stablecoin Initiatives  blockhead.co

Politics

3 d. ago China just proved it can cripple the US military in days. Now Trump is furious

China just proved it can cripple the US military in days. Now Trump is furious  The Telegraph

Events

3 d. ago China’s Akeso gets share boost as data shows cancer drug’s benefits

Shares of Chinese drug firm Akeso – likened by some Western media outlets to artificial intelligence start-up DeepSeek – rose after the company unveiled clinical-trial data showing that its lung-cancer drug outperformed a highly effective existing treatment. The data showed that ivonescimab had “a decisive and strong positive outcome with both significant and clinically meaningful benefits”, Akeso said in a filing with the Hong Kong stock exchange on Monday. The drug, used along with...

Events

3 d. ago Beijing Pulls the Plug: Ant and JD Halt Hong Kong Stablecoins

Beijing Pulls the Plug: Ant and JD Halt Hong Kong Stablecoins  BeInCrypto

Politics

4 d. ago Chinese firm thanks ‘sales consultant' Trump as tariff threat spurs orders

A Chinese exporter said it has seen a sudden surge in orders as US humanoid robot makers and artificial intelligence (AI) companies – including industry leader OpenAI – rush to secure critical components amid Washington’s threat to impose an additional 100 per cent tariff on goods from the country. MyActuator, a Suzhou-based manufacturer of intelligent drive modules for humanoid robots, has received more than 1,000 new orders in the past week alone, according to a person familiar with the...

Economics

7 d. ago Trump threatens to ‘go in and kill’ Hamas if Gaza killings continue

US President Donald Trump threatened on Thursday to “go in and kill” Hamas if it keeps killing people in Gaza, in an apparent reference to recent shootings of Palestinian civilians following a ceasefire deal with Israel. Trump’s comments come just days after he said that the Hamas shootings – which include public executions – “didn’t bother me much” and described them as killings of gang members. “If Hamas continues to kill people in Gaza, which was not the Deal, we will have no choice but to go...

Events

9 d. ago Trump threatens to violently disarm Hamas as Gaza ceasefire is tested

Hamas handed over more bodies of deceased hostages to Israel on Tuesday, one sign of progress after a number of apparent setbacks in the day since US President Donald Trump touted his plan to end the Gaza war. The bodies were returned after Israel announced it would cut in half the number of humanitarian aid trucks allowed into Gaza in a move to punish Hamas for what Israel called the militant group’s violation of its agreement to transfer remains under the ceasefire deal reached last...

Events

9 d. ago US warned Dutch Nexperia CEO must go to avoid entity list fallout: court

US officials told their Dutch counterparts that the Chinese CEO of Nexperia “will have to be replaced” for the company to be exempt from Washington’s entity list, newly disclosed court documents show. The disclosure comes after the Dutch government effectively seized control of the semiconductor firm, a subsidiary of the Chinese company Wingtech, forcing a change in management under an obscure law known as the Goods Availability Act. In doing so, the Dutch authorities removed founding CEO Zhang...

Events

9 d. ago Russia strikes Ukrainian hospital, days before Zelensky meets Trump

Russian forces launched powerful glide bombs and drones against Ukraine’s second-largest city in overnight attacks, hitting a hospital and wounding seven people, an official said on Tuesday. The strikes came as European military aid for Kyiv dropped sharply and Ukrainian President Volodymyr Zelensky prepared to ask US President Donald Trump for Tomahawk missiles. The Russian attack on Kharkiv in Ukraine’s northeast hit the city’s main hospital, forcing the evacuation of 50 patients, regional...

Politics

9 d. ago Chinese autonomous driving firm WeRide taps banks for Hong Kong listing, sources say

Chinese autonomous driving firm WeRide taps banks for Hong Kong listing, sources say  Reuters

Economics

9 d. ago ‘Hong Kong opportunities outweigh US tariff weaponisation,’ John Lee says

Hong Kong’s leader has expressed confidence in the city’s ability to maintain its economic growth and overcome geopolitical challenges through multiple measures, despite the US “tariff weaponisation”. Chief Executive John Lee Ka-chiu made his positive remarks on Tuesday, days after US President Donald Trump threatened, in a social media post, a 100 per cent tariff increase on Chinese goods and export controls on all “critical software” starting from November 1. Lee said that his administration...

Events

1 week ago Trump hails ‘tremendous day for Middle East’ as leaders sign Gaza declaration

US President Donald Trump hailed a “tremendous day for the Middle East” as he and regional leaders signed a declaration on Monday meant to cement a ceasefire in Gaza, hours after Israel and Hamas exchanged hostages and prisoners. Trump made a lightning visit to Israel, where he lauded Prime Minister Benjamin Netanyahu in an address to parliament, before flying to Egypt for a Gaza summit where he and the leaders of Egypt, Qatar and Turkey signed the declaration as guarantors to the Gaza...

Politics

1 week ago Trump hails ‘peace in the Middle East’ as leaders sign Gaza declaration

US President Donald Trump hailed a “tremendous day for the Middle East” as he and regional leaders signed a declaration meant to cement a ceasefire in Gaza, hours after Israel and Hamas exchanged hostages and prisoners. Trump made a lightning visit to Israel, where he lauded Prime Minister Benjamin Netanyahu in an address to parliament, before flying to Egypt for a Gaza summit where he and the leaders of Egypt, Qatar and Turkey signed the declaration on Monday as guarantors to the ceasefire...

Politics

1 week ago Wall Street tumbles in its worst day since April after Trump threatens more tariffs on China

Wall Street tumbles in its worst day since April after Trump threatens more tariffs on China  PBS

Politics

2 w. ago Zenas Bets $2B+ in Autoimmune Agreement With Chinese Firm InnoCare

Zenas Bets $2B+ in Autoimmune Agreement With Chinese Firm InnoCare  BioSpace

Economics

2 w. ago Will a Chinese firm’s Bali beach lift project alter the local landscape?

The Bali heat proved too much for Zhang Min, a 30-year-old tourist from Chengdu, one afternoon last month. She had made it to a cliff above one of the Indonesian holiday destination’s most sought-after scenic spots, but was exhausted by the journey. “The roads are really poor,” Zhang said as her group stopped above the T. Rex-shaped headland – a unique land mass that has made Kelingking one of the world’s most photographed beaches. Her group opted against hiking down a steep, sun-exposed trail...

Politics

2 w. ago Trump orders National Guard troops to Portland, but judge blocks it

A federal judge in Oregon on Sunday temporarily blocked Donald Trump’s administration from sending any National Guard troops to police Portland, Oregon, a setback for the president as he seeks to dispatch the military to cities over the objections of their Democratic leaders. The ruling by US District Judge Karin Immergut followed the Trump administration’s decision to call in troops from California and Texas just one day after she temporarily blocked Trump from deploying 200 Oregon National...

Politics