China News
China is recalibrating its tech policy, elevating private enterprise to counter US export controls and drive innovation On June 10, 2025, as trade negotiators from the United States and China gathered in London for another round of contentious talks, a different kind of negotiation played out on the front page of The People’s Daily, China’s…
Nike has said it will cut its reliance on production in China for the United States market to mitigate the impact from US tariffs on imports, and forecast a smaller-than-expected drop in first-quarter revenue. The sportswear giant’s shares zoomed 15 percent at the opening bell on Friday morning after it announced the change in conjunction…
Two top US lawmakers have called on the Commerce Department to investigate whether smartphones made by Chinese tech company OnePlus pose national security risks by transmitting user data to servers in China without user consent. In a letter obtained by Reuters, Representative John Moolenaar, a Michigan Republican who chairs the House Select Committee on the…
Beijing, China, June 27, 2025 (GLOBE NEWSWIRE) — On 26 June 2025, The Future of Finance China 2025 was held by The Asian Banker in Beijing. LexinFintech received The Asian Banker’s “Best AI Technology for Financial Technology Company in China” in recognition of its pioneering innovations and applications in AI large models and agent‑based automation….
TLDRs; Global South countries are asserting leadership on AI ethics while remaining neutral in US-China tensions. UNESCO’s AI ethics forum pushed for practical governance, despite the absence of the US and China. Thailand pledged $15 billion and 90,000 AI professionals to strengthen its independent AI strategy. Experts urge a shift in mindset, framing AI governance…
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost it about $1 billion before it makes internal changes, which include “surgical” price increases in the U.S. starting this fall. Nike is not…
The Trump Organization announced its cellular brand called T1 earlier this month, heavily emphasising that the devices would be “made in the USA”, keeping in line with Trump administration policies. Now, just 10 days later, the company is silently erasing those claims. This shift comes following analysts’ consensus that the phones are likely to be…
Trapped 30 feet underground after being pulled into a drainage pipe, an 8-year-old girl survived by clinging to a metal bar through freezing water and total darkness. By Monica Danielle, AccuWeather Managing Editor Published Jun 28, 2025 1:03 AM SGT | Updated Jun 28, 2025 1:03 AM SGT Chinese firefighters were finally able to rescue…
What we know about the U.S.-China trade deal that Trump touted – CBS News Watch CBS News A White House official says the June talks with China over certain aspects of trade with the U.S. have been formalized into an agreement. CBS News’ Weijia Jiang reports. Be the first to know Get browser notifications for…
The U.S. and China have agreed on a trade deal that would reduce tariffs and expedite shipments of rare-earth metals. United States Treasury Secretary Scott Bessent said on Friday that U.S. tariffs on Chinese imports will now start at 30%, while China’s duty rate on goods from the U.S. will be at 10%. The 20%…