US Secretary of the Treasury Scott Bessent, left, speaks with Chinese Vice Premier He Lifeng, right, during a bilateral meeting between the United States and China, in Geneva, Switzerland, on Saturday, May 10, 2025. Keystone/eda/martial Trezzini | Via Reuters Treasury Secretary Scott Bessent on Tuesday said he is likely to hash out an extension of…
China’s exports accelerated in June as a reprieve on U.S. tariffs prompted a rush of orders by companies and consumers ahead of an August deadline. Exports climbed 5.8% from a year earlier, up from a 4.8% rise in May. Imports also recovered, growing 1.1% in the first increase so far this year, according to customs…
Only a few years ago, the Joe Biden administration in the US declared export controls a “new strategic asset” to help America maintain “as large a lead as possible” over China in advanced technology. President Donald Trump is now upending that approach. In a reversal this week, the White House told chip maker Nvidia it…
Bangkok — Nvidia CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China — a reversal of administration policy. The news came in a company blog post late Monday. Huang also spoke about the coup on China’s…
Co-founder and chief executive officer of Nvidia Corp., Jensen Huang attends the 9th edition of the VivaTech trade show in Paris on June 11, 2025. Chesnot | Getty Images Entertainment | Getty Images Nvidia CEO Jensen Huang has downplayed U.S. fears that his firm’s chips will aid the Chinese military, days ahead of another trip…
Thai Son S.P. Co. garment factory in Thu Duc, Ho Chi Minh, Vietnam, on June 21, 2025. Daniel Ceng | Anadolu | Getty Images U.S. President Donald Trump announced a trade pact with Vietnam on Wednesday, but its scant details have left economists wondering about what it would mean for the flow of Chinese goods…
The People’s Republic of China has said the implementation of the Ten Partnership Actions with Africa has the potential to boost ties between China and Africa, stressing that the partnership would also strengthen the Forum for China-Africa Cooperation (FOCAC). Chinese Ambassador to Nigeria, Yu Dunhai, said this in his speech at an International Conference (West…
A mining machine is seen at the Bayan Obo mine containing rare earth minerals, in Inner Mongolia, China. China Stringer Network | Reuters In April 2025, China imposed new export controls on seven rare earth elements and the permanent magnets derived from them — materials that form the foundation of modern life and modern warfare….
Aerial view of the headquarters of Contemporary Amperex Technology Co., Limited (CATL) on February 6, 2025 in Ningde, Fujian Province of China. Vcg | Visual China Group | Getty Images The world’s largest electric vehicle (EV) battery maker is going all-in on international expansion and could shake up the EV market in the process with…
‘Exceptionally large floods’ swept through Guizhou’s Rongjiang county, forcing some 80,000 people to flee their homes. At least six people have died and more than 80,000 people were evacuated from their homes after floods inundated China’s Guizhou province, state media reported, as a tropical depression made landfall in the island province. State broadcaster CCTV reported…
