4 h. ago US and China lift trade restrictions key for tech production

US and China lift trade restrictions key for tech production  Mashable

Politics

33 h. ago EU spirits industry calls on China to lift all curbs on brandy imports

EU spirits industry calls on China to lift all curbs on brandy imports  Reuters

Politics

52 h. ago China, US ease export curbs but Trump’s Vietnam deal risks blowback: analysts

A week after announcing long-anticipated progress from high-level talks in London, China and the United States are taking concrete steps to clear export hurdles and issue licenses for strategic goods. The easing of trade restrictions signals a tentative reset between the world’s two largest economies. But the thaw remains fragile, as analysts warned that Washington’s new trade deal with Vietnam could provoke a response from Beijing. Still, for now, both sides have moved to restore access to...

Politics

8 d. ago China Confirms US Trade Truce As Beijing Seeks Cancellation Of Trump Administration’s Restrictive Measures

China Confirms US Trade Truce As Beijing Seeks Cancellation Of Trump Administration’s Restrictive Measures  MSN

Politics

8 d. ago Alibaba trims partnership as company bets on younger leaders

Alibaba Group Holding has trimmed its partnership – a key corporate governance body for the e-commerce and artificial intelligence (AI) giant – as it embraces younger business leaders and strives to return to a start-up mindset. Nine executives and company veterans – including former CEO Daniel Zhang Yong, 53, and fellow co-founders Trudy Dai Shan, 48, and Lucy Peng Lei, 51, who started the company with Jack Ma in 1999 – have exited the partnership, according to Alibaba’s annual report released...

Politics

1 week ago Apple joins China’s subsidy scheme to lift sales amid heated local competition

Apple has joined China’s national subsidy programme, providing a boost to the US tech giant amid heightened competition from major domestic rivals and growing headwinds in the world’s second-largest economy. Consumers in Beijing and Shanghai are now entitled to discounts of up to 2,000 yuan (US$278) on select models of Apple devices – including the iPhone, iPad, Apple Watch and MacBook – when they buy directly from the US company, according to a statement published on Tuesday on Apple’s mainland...

Politics

2 w. ago China subsidies give Alibaba, JD.com sales lift during 618 shopping festival

Chinese e-commerce giants Alibaba Group Holding and JD.com reported record user participation and growing sales during the 618 shopping festival, as government subsidies and new artificial intelligence (AI) tools fuelled a surge in consumer activity. More than 453 brands each surpassed 100 million yuan (US$14 million) in gross merchandise value (GMV) on Alibaba’s Taobao and Tmall platforms during the weeks-long event, the company said on Thursday. The roster included global names such as Apple,...

Economics

2 w. ago Exclusive | Trump Officials Weighed Broader China Tech Restrictions Ahead of Trade Talks

Exclusive | Trump Officials Weighed Broader China Tech Restrictions Ahead of Trade Talks  WSJ

Politics

3 w. ago China plans to turn Shenzhen into AI and aviation hub amid US sanctions

China has outlined a string of reforms to accelerate the development of hi-tech emerging industries in the city of Shenzhen, as the tech hub in southern China grapples with a barrage of US trade restrictions. The plan focuses on boosting Shenzhen’s ability to create scalable business models in industries such as artificial intelligence and aviation that can be replicated across China, by helping the city cultivate a larger talent pool, expand local companies’ access to financing, and speed up...

Politics

3 w. ago Trump Gives U.S. Negotiators Room to Lift Export Controls on China

Trump Gives U.S. Negotiators Room to Lift Export Controls on China  WSJ

Politics