37 m. 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

2 h. ago CPI Report Today: Dow Futures Fall; U.S. and China Agree Trade Truce Framework

CPI Report Today: Dow Futures Fall; U.S. and China Agree Trade Truce Framework  WSJ

Politics

4 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

6 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

41 h. ago US stocks end mostly up on hopes of trade deal with China, but key inflation report ahead

US stocks end mostly up on hopes of trade deal with China, but key inflation report ahead  USA Today

Economics

42 h. ago Live updates: Trump officials seek to repair frayed trade war truce with China

Live updates: Trump officials seek to repair frayed trade war truce with China  The Washington Post

Politics

44 h. ago Tariff war ‘not the end of the world’ for Hong Kong companies: trade council chief

The US-China tariff war is “not the end of the world” for Hong Kong businesses, the new head of the city’s Trade Development Council has said, as he outlined strategies to help them capitalise on geopolitical uncertainties. Chairman Frederick Ma Si-hang, who took office on June 1, also said on Monday the council would explore setting up more offices in new markets and rebranding the Asian Financial Forum to include more industry elements. The council has 51 offices around the world, including...

Events

45 h. ago US soybean farmers move to reduce dependence on China as trade war grinds on

Soybean farmers in the United States have stepped up efforts to diversify their export markets while maintaining China as a critical buyer, despite ongoing trade tensions between the two superpowers, according to the head of a leading industry association. Jim Sutter, CEO of the US Soybean Export Council, said that while concerns about possible disruptions persist, China’s strong demand for soybeans – a crucial commodity for food and livestock feed – would ensure the US remains an important...

Events

47 h. ago A Niche Plastics Ingredient Becomes a Trade War Bargaining Chip

A Niche Plastics Ingredient Becomes a Trade War Bargaining Chip  Bloomberg

Events

49 h. ago China’s top drone maker DJI comes down to earth with launch of robotic cleaner

Chinese drone giant DJI is expected to launch a vacuum cleaning robot in a move set to intensify competition in the country’s crowded robotic cleaner market, according to a report by the state-backed financial newspaper China Securities Journal, citing internal sources. Shenzhen-based DJI will introduce a combination vacuum cleaner and mopping robot this month, a project that has been under development over the past four years, according to the report. The product is called DJI ROMO, according...

Events

50 h. ago Stock Market Today: Dow, S&P 500, Nasdaq Futures Weaken; U.S.

Stock Market Today: Dow, S&P 500, Nasdaq Futures Weaken; U.S.-China talks; Inflation Report; Movers  Barron's

Politics

54 h. ago John Lee exclusive interview, Chinese rethink UK degrees: 5 weekend reads

We have put together stories from our coverage last weekend to help you stay informed about news across Asia and beyond. If you would like to see more of our reporting, please consider subscribing. 1. ‘Don’t kill your successful DNA’: Hong Kong’s John Lee on tariffs, trade war 2. ‘It’s too much’: Chinese students reconsider UK degrees as policies harden 3. Loitering with intent: Beijing’s new silent South China Sea strategy? 4. Japan grows restless for next-gen fighter jets as progress with...

Politics

3 d. ago Tech hub Shenzhen launches plan to support consumption, exporters amid trade war

China’s top export city and tech hub, Shenzhen, is stepping up efforts to boost domestic consumption and support exporters amid a turbulent trade war between Beijing and Washington. “Consumption is the fundamental driving force behind economic growth and development,” according to a 39-point plan released by the Shenzhen Municipal Development and Reform Commission on Friday. Shenzhen will leverage its strategic strengths in four key categories: artificial intelligence (AI) terminals, smart home...

Events

3 d. ago ‘Don’t kill your successful DNA’: Hong Kong’s John Lee on tariffs, trade war

Hong Kong will not destroy its “successful DNA” and jeopardise its free-port status by retaliating with counter-tariffs on the US even if geopolitical tensions with China escalate further, the city’s leader has promised. Chief Executive John Lee Ka-chiu said his administration had made “contingency plans for the worst” and would increase support for local businesses in finding “blue oceans” in new markets. In an exclusive, wide-ranging interview with the Post to mark the third anniversary of his...

Events

3 d. ago Russia's FSB calls China 'the enemy' — leaked NYT report exposes secret Kremlin fears

Russia's FSB calls China 'the enemy' — leaked NYT report exposes secret Kremlin fears  RBC-Ukraine

Politics

4 d. ago US retailers demand Chinese firms pay shipping costs as trade pressure grows

US retail giants are demanding that their Chinese suppliers split or even bear the full cost of shipping goods across the Pacific, as freight rates skyrocket amid the disruption caused by the trade war, sources at Chinese export firms told the Post. The move is the latest sign of the intense pressure America’s biggest retailers are putting on Chinese factories to absorb more of the additional costs created by the trade war, with the companies facing calls at home to “eat the tariffs”. Until...

Economics

4 d. ago Researchers report genetic homogeneity risks in kelp aquaculture across China

Researchers report genetic homogeneity risks in kelp aquaculture across China  Phys.org

Events

4 d. ago Trade to tech war: why Trump picked his export control head for next China talks

Trade to tech war: why Trump picked his export control head for next China talks  South China Morning Post

Politics

4 d. ago Hong Kong police to take down fake news report about Andy Lau resembling SCMP

Police will take down a fake news report purporting to be from the South China Morning Post about superstar actor Andy Lau Tak-wah being sued by the Hong Kong Monetary Authority over his investment advice, the Post has learned. A police source said on Friday that the force’s cyber security and technology crime bureau was handling the case and would take down the fabricated report as soon as possible. The website was designed to appear like the Post’s. The fake article claimed the Monetary...

Events

5 d. ago China’s rare earth weapon changes contours of trade war battlefield

China’s rare earth weapon changes contours of trade war battlefield  Reuters

Events