U.S. President Donald Trump said on Wednesday that he thinks China will soon sentence people to death for fentanyl manufacturing and distribution, as he offered fresh optimism about the prospects of a deal with Beijing on illicit drugs. The drug trade has joined a range of economic and security issues as a major flashpoint in…
The U.S.-China semiconductor policy reversal of 2025 has sent shockwaves through global markets, reshaping the landscape of artificial intelligence (AI) infrastructure and redefining the calculus of international trade. At the heart of this shift lies a strategic recalibration by the Trump administration, which reversed its April 2025 export restrictions on advanced AI chips, allowing Nvidia…
Only a few years ago, the Biden administration declared export controls a “new strategic asset” to help the US maintain “as large a lead as possible” over China in advanced technology. President Donald Trump is now upending that approach. Source link
President Xi Jinping questioned the need for local governments across China to crowd into the same emerging industries, a rare bit of public blunt-speaking from Xi that flicks at a problem exacerbating deflation at home and driving trade tensions abroad. Source link
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BEIJING – China’s latest report on its atomic power industry omitted data on radioactive materials released from domestic nuclear plants, in what may be an effort to avoid figures that could undercut Beijing’s opposition to the Fukushima Daiichi wastewater discharge. The move followed reports by overseas media last year that Chinese nuclear power plants in…
China’s latest export restrictions on eight key electric vehicle (EV) battery technologies officially took effect this week, about half a year after it announced its intention to implement them. According to the rules announced by the Ministry of Commerce and the Ministry of Science and Technology, manufacturers using the technologies in the production of EV…
Chinese police are investigating at least five cases of missing teenagers believed to have been caught up in scam centres, including some who have lost contact with their families after travelling to Myanmar. Police in Hefei, the capital of Anhui province in central China, issued a notice on Wednesday, confirming the disappearance of an 18-year-old…
Taiwanese chipmaking giant TSMC reported Thursday a forecast-beating 60% rise in net profit for the second quarter on sustained demand for artificial intelligence technology. Taiwan Semiconductor Manufacturing Company is the world’s largest contract maker of chips and counts Nvidia and Apple among its clients. The firm said its net profit for the three months to…
Anthony Albanese has sniped back at the opposition’s criticism of his “indulgent” six-day visit to China, pointing out the former Coalition government failed to hold a single phone call with the major trading partner for years. The prime minister has spent this week touring the country with stops in Beijing, Shanghai and Chengdu amid a…