Analysts said a mutual de-escalation is expected in the short term between the US and China, a development that would provide some relief for global markets after last week’s barrage of economic sanctions, export controls and vows of triple-digit tariffs threatened to send the world’s two largest economies into another devastating escalatory cycle. On Sunday, US President Donald Trump adopted …
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Frankie Yick latest lawmaker to say he won’t run in Hong Kong’s Legco election
Another veteran Hong Kong lawmaker has announced his decision not to stand in the coming Legislative Council general election, bringing the total to at least 10 so far. The announcement by Frankie Yick Chi-ming, 72, came as another veteran senior politician, Regina Ip Lau Suk-yee, said her party would also make an announcement regarding the election “in due course”, asking …
Read More »China’s Wingtech says Dutch court freezes control of Nexperia amid ‘national security’ dispute
In a move that could dent China’s relations with the European Union, Chinese technology company Wingtech said control of its Dutch subsidiary Nexperia has been effectively frozen, following an intervention by a government ministry and court in the Netherlands. In a corporate filing dated October 13, lodged with the Shanghai Stock Exchange on Sunday, Wingtech said semiconductor manufacturer Nexperia is …
Read More »Will China’s next 5-year plan rewrite its infrastructure playbook?
As China drafts its 15th five-year plan – the next entry in a line of expansive blueprints that have set the tone for the country’s development over more than seven decades – we examine how these documents inform and reflect high-level policy priorities, what to expect in the coming iteration and how infrastructure spending and investment could evolve to meet …
Read More »ByteDance founder Zhang Yiming makes rare appearance at Shanghai event
ByteDance founder Zhang Yiming on Friday made a rare public appearance in Shanghai to launch a talent incubator, as Washington and Beijing moved towards a deal for the popular short video platform TikTok to divest its US operations. Zhang, 42, spoke at the launch of the Zhichun Innovation Centre, which he jointly established with Shanghai Jiao Tong University computer science …
Read More »Trump threatens to halt Chinese imports – while counting on Xi to buy US soybeans
With Beijing curbing rare earth exports and shunning American soybeans, US President Donald Trump is raising pressure on China ahead of a planned meeting with Xi Jinping, threatening to halt imports while vowing to reopen its market to US farmers. During a cabinet meeting on Thursday, when asked what he hoped to achieve from potential in-person talks with Xi later …
Read More »British government says it was not to blame for collapse of China spy trial
The British government said on Monday it was not to blame for the collapse of a trial of two men accused of spying for China, saying it was a decision made by prosecutors who relied on language used by the previous government in its China policy. In an unexpected move, British prosecutors last month dropped charges of spying for China …
Read More »Taiwan-built submarine delays raise new doubts over project’s future
A Taiwan-built submarine has missed its September sea trial deadline, raising fresh concerns over the future of the high-profile project as Beijing’s military pressure increases. The Indigenous Defence Submarine (IDS) programme, seen as a centrepiece of the island’s efforts to strengthen its asymmetric naval capabilities, is facing its biggest test yet. Defence Minister Wellington Koo Li-hsiung admitted last week that …
Read More »Opinion | Europe should focus on beating US tariffs, not Chinese EVs
There are fresh worries across Europe’s factory floors. The US has started applying steel and aluminium tariffs to a growing list of finished goods. In August, Washington added 407 new items to the tariff list. These include parts for wind turbines, cranes, bulldozers, railcars, motorcycles, marine engines, appliances and furniture. It marks a shift from raw materials to the everyday …
Read More »Chinese military’s new underwater unmanned systems are ‘disruptive’: journal
A Chinese military journal has described the People’s Liberation Army’s latest underwater unmanned systems as “disruptive” and highlighted their intelligent capabilities. An author writing in the journal’s latest issue identified only as Tang Yi stated that the unmanned systems operated below 90 decibels to evade enemy sonar detection. In addition, the equipment can be integrated with “submarine-launched missiles, smart mines …
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