Tag Archives: China

Ahead of call with China’s Xi, Trump touches on TikTok and extending trade truce

Ahead of call with China’s Xi, Trump touches on TikTok and extending trade truce

US President Donald Trump on Thursday hinted at the possible extension of a trade truce with China and at facilitating a deal for TikTok’s continued operation in America, as the market eagerly awaits any signs of progress in an anticipated phone call between the two countries’ leaders today. Trump made the comments at a joint press conference with British Prime …

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Beijing makes progress in quashing solar-sector price war: analysts

Beijing makes progress in quashing solar-sector price war: analysts

Beijing’s fight against disastrous competition in the solar-equipment sector showed early signs of success, with a sustained recovery in prices likely to return leading polysilicon makers to profitability after 18 months of losses, according to analysts. A raft of initiatives – including a proposal to limit manufacturing plants’ power use – following a series of government-industry meetings to discuss self-imposed …

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How Southeast Asia showed its support for China and sent a message to the US

How Southeast Asia showed its support for China and sent a message to the US

Prabowo had earlier decided to cancel the trip because of widespread protests at home. But he showed up for the parade in a grey suit on the morning of September 3, taking a seat at the rostrum beside Russian leader Vladimir Putin, who was to the right of Chinese President Xi Jinping. Sources said the Indonesian leader arrived only hours …

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Asian-American businesses are being decimated by Trump tariffs, lawmakers warn

Asian-American businesses are being decimated by Trump tariffs, lawmakers warn

Businesses owned by Asian-Americans are struggling with mounting costs as a result of US President Donald Trump’s tariffs, with some potentially being forced to shut down, a group of Democratic lawmakers warned on Thursday as they urged the administration to reverse the duties. The warning, reflecting growing national discontent regarding Trump’s tariffs, coincided with a media briefing in front of …

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Nvidia bets big on Intel with US$5 billion stake, chip partnership

Nvidia bets big on Intel with US billion stake, chip partnership

Nvidia said on Thursday it would invest US$5 billion in Intel, throwing its heft behind the struggling US chipmaker just weeks after the White House engineered an extraordinary deal for the federal government to take a massive stake in the company. The stake will instantly make Nvidia one of Intel’s largest shareholders, giving it roughly 4 per cent of the …

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Trump vows US push to reclaim key Afghan air base, ties it to China

Trump vows US push to reclaim key Afghan air base, ties it to China

US President Donald Trump said on Thursday that his administration was moving to retake control of Bagram Air Base in Afghanistan, claiming that such a move was necessary because of the facility’s proximity to nuclear weapons sites in China. Bagram, located 44 kilometres (27 miles) north of Kabul, was the largest US military base in Afghanistan and the central hub …

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China backs Venezuela, warns US against ‘bullying’ after second deadly sea raid

China backs Venezuela, warns US against ‘bullying’ after second deadly sea raid

Venezuela’s foreign minister said Wednesday that China pledged support for Caracas’ efforts to preserve peace in the Caribbean, quoting Ambassador Lan Hu as saying Beijing stood “in solidarity” as Washington pressed ahead with military strikes on boats it claimed were carrying drugs. Foreign Minister Yván Gil met with Lan in Caracas and described the message from Beijing as a significant …

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How Nobel-winning biologist David Baltimore helped the rise of science in China

How Nobel-winning biologist David Baltimore helped the rise of science in China

David Baltimore, the Nobel Prize-winning American biologist who died this month at 87, built a legacy in China through decades of scientific exchange that helped the country rise as a global powerhouse in life sciences. Baltimore revolutionised gene research in his 30s and went on to mentor dozens of Chinese researchers and advise on the creation of top research institutions …

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Why plans by India and US to tap Myanmar’s rare earths are fraught with risks

Why plans by India and US to tap Myanmar’s rare earths are fraught with risks

India and the United States are exploring ways to tap Myanmar’s rare earth reserves, with New Delhi reportedly in talks with a powerful rebel group and Washington considering working with either opposing side of the country’s civil war, as they seek to diversify their sources for the crucial minerals. But analysts say their plans face formidable challenges, including risks from …

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China’s youth unemployment soars to 2-year high as job crunch deepens

China’s youth unemployment soars to 2-year high as job crunch deepens

China’s urban youth unemployment rate rose last month to the highest level since the data set was adjusted in 2023, as career prospects for young people have weakened amid an economic slowdown. The jobless rate for those aged 16 to 24, excluding students, rose to 18.9 per cent in August from 17.8 per cent in July, according to data released …

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