A sharp drop in U.S. soybean exports to China could impact more than just farmers — it may soon begin putting pressure on trucking jobs, rail shipments, and port operations across the country. Once America’s top soybean customer, China has drastically cut back purchases in favor of South American suppliers. With fewer soybeans slated to…
Avic Chengdu share price: Shares of Chinese defence stock, Avic Chengdu, tumbled in trade on Monday, September 15, as investors booked gains following a three-day rally and amid the US-China trade talks. Other defence stocks in the Chinese stock market traded with cuts, with the index down nearly 0.75% in the afternoon deals. Avic Chengdu…
Trump tariffs on India: India is facing the brunt of the tariffs imposed by the US, including the 25% duties levied as punitive damages for buying cheaper Russian crude. The current 50% tariffs by Donald Trump on India threaten $45 billion worth of India’s exports. Amid higher tariffs, India’s products might lose competitiveness, potentially benefiting…
President Donald Trump once again warned that the United States would impose steeper tariffs on China if it curbed exports of rare-earth magnets, a move that could jeopardize a fragile trade truce between the world’s two largest economies. Speaking to reporters after a meeting with South Korean President Lee Jae Myung, Trump stated, “They have…
The Hangzhou-based start-up’s updated model, which supports an innovative data format called UE8M0 FP8, was “ushering in a booming domestic computing power chain”, Huatai Securities analysts said in a research note on Tuesday. That architecture showed that the synergy between mainland-designed software and chips would realise significant results, according to the report. FP8, known as…
At the Oval Office on Monday, US President Donald Trump spoke of Washington’s strength in its standoff with Beijing. “They have some cards. We have incredible cards,” he told reporters before his meeting with South Korean President Lee Jae Myung. “But I don’t want to play those cards. If I did, that would destroy China….
When Nvidia CEO Jensen Huang revealed Friday that the company is working with the Trump administration on a new computer chip designed for sale to China, it marked the latest chapter in a long-running debate over how the U.S. should compete with China’s technological ambitions. The reasoning has sometimes changed — with U.S. officials citing…
Some mainland Chinese technology companies are choosing to take advantage of Hong Kong’s policies and government support to help mitigate geopolitical risks in their international expansion. Insta360, a company listed in Shanghai that holds a 70 per cent share of the global panoramic camera market, is having its Hong Kong distributor open the company’s first…
OpenAI CEO Sam Altman has issued a stark warning that America may be underestimating the complexity and seriousness of China’s advancements in artificial intelligence. During a rare on-the-record briefing with a small group of reporters, Altman said that relying on export controls alone is likely not a reliable solution to the geopolitical AI race. “I’m…
Amid rising trade tensions, US Vice President JD Vance said that US President Donald Trump is weighing tariffs on China for buying Russian oil. The move would mirror last week’s decision to double tariffs on Indian goods to 50% over its continued imports of Russian crude. Trump’s team says the measure would pressure Beijing to…