9 h. ago Huawei’s HarmonyOS gains traction in China with 103 million smartphones shipped

Huawei Technologies has shipped more than 103 million smartphones and 21 million tablets running its proprietary HarmonyOS operating system, with nearly half delivered in 2024, according to consultancy Canalys. The Shenzhen-based technology giant shipped 46 million smartphones and 10.5 million tablets last year, signalling an accelerating pivot to its in-house operating system, serving as an alternative to Google’s Android amid US sanctions. Huawei has been transitioning its devices to its own...

Economics

9 h. ago ‘Watershed moment’: how Huawei’s HarmonyOS flourished in China amid US sanctions

Huawei Technologies has shipped more than 103 million smartphones and 21 million tablets running its proprietary HarmonyOS operating system, with nearly half delivered in 2024, according to consultancy Canalys. The Shenzhen-based technology giant shipped 46 million smartphones and 10.5 million tablets last year, signalling an accelerating pivot to its in-house operating system, serving as an alternative to Google’s Android amid US sanctions. Huawei has been transitioning its devices to its own...

Politics

18 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

26 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

32 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

50 h. ago Tariff Rates Against China Still Historically High as Trump Touts New Trade Deal

Tariff Rates Against China Still Historically High as Trump Touts New Trade Deal  CNET

Economics

53 h. ago Trump announces US, China have reached trade deal with 55% tariff

Trump announces US, China have reached trade deal with 55% tariff  Yahoo Finance

Politics

55 h. ago China grants export permits to rare earth giant for US, Europe shipments

A top Chinese rare earth exporter, which hosted President Xi Jinping during a 2019 inspection, said it had obtained export permits for several destinations, including the United States. Investors welcomed the news, sending the company’s shares higher. JL MAG Rare-Earth said on Wednesday that it had also been granted licenses for Europe and Southeast Asia, and that it would export magnetic materials, components and motor rotors. “After the export controls imposed on medium and heavy rare earth...

Politics

55 h. ago China ‘respects Panama Canal neutrality’ amid warning over CK Hutchison deal

China’s foreign ministry has said it respects Panama’s sovereignty and recognises its canal as a neutral international waterway, after the head of the strategic channel warned that the CK Hutchison ports deal could jeopardise its impartiality. Panama Canal Authority administrator Ricaurte Vasquez said in an interview published on Tuesday that CK Hutchison Holdings’ US$23 billion deal to sell its overseas ports to a consortium led by US investment giant BlackRock and shipping firm MSC could...

Events

64 h. ago US, China reach deal to ease export curbs, keep tariff truce alive

US, China reach deal to ease export curbs, keep tariff truce alive  Reuters

Economics

3 d. ago China delays decision on EU pork imports as EV tariff talks continue

China delays decision on EU pork imports as EV tariff talks continue  Reuters

Politics

3 d. ago ‘Chaotic era’: Chinese state media say LA protests are proof of a broken America

Chinese state media have sought to portray the escalating Los Angeles protests against President Donald Trump’s immigration policies as proof of a broken government and the lack of social cohesion in the United States. Such a framing, alongside a mix of gloating and schadenfreude on Chinese social media, comes amid sustained US-China tariff tensions and ongoing high-level trade talks in London. The state-backed Beijing Youth Daily, in a commentary published on its social media page on Tuesday,...

Events

3 d. ago China delays decision in EU pork import case amid EV tariff talks

China delays decision in EU pork import case amid EV tariff talks  Reuters

Politics

4 d. ago Import cargo levels may surge during tariff pause with China, others

Import cargo levels may surge during tariff pause with China, others  Talk Business & Politics

Transport

4 d. 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

4 d. ago Boeing plane lands back in China for delivery as tariff war eases By Reuters

Boeing plane lands back in China for delivery as tariff war eases By Reuters  Investing.com

Events

4 d. ago Boeing plane lands back in China for delivery as tariff war eases

Boeing plane lands back in China for delivery as tariff war eases  Yahoo

Events

4 d. ago US tariffs hit China’s exports in May, but June seen as ‘a better month’

China’s export growth slowed last month, weighed down by fewer US orders being made before the two countries came to a 90-day tariff truce. And while June’s prospects look poised to improve, China’s manufacturing and trade sectors remain under strain, according to economists, who also point to lingering uncertainties over American tariffs. China’s May exports were up by 4.8 per cent, year on year, to US$316.1 billion, customs data showed on Monday. The figure followed April’s 8.1 per cent growth...

Events

4 d. ago China exports growth misses expectations despite tariff truce; imports plunge amid weak consumption

China exports growth misses expectations despite tariff truce; imports plunge amid weak consumption  CNBC

Politics

6 d. ago Trump’s China Gambit Belies Rocky Road Ahead on Tariff Deals

Trump’s China Gambit Belies Rocky Road Ahead on Tariff Deals  Bloomberg.com

Politics