China’s wholesale inflation rose to its highest level in nearly four years in May as the Iran war pushed up energy and raw material costs and strong AI investment boosted demand for chips and technolo…
BUSINESS
China tightens control on offshore wealth amid capital flight concerns
China’s CSRC orders a two-year phase-out of illegal offshore brokerage accounts after record $1.04 trillion in unauthorized capital outflows in 2025.
With The SpaceX IPO Imminent, Nvidia And Tesla Accelerate The Race For Physical AI
With the SpaceX IPO approaching, Nvidia, Tesla and China accelerate the global race to build physical AI and shape the next generation of industrial robotics.
China exports beat forecasts amid global AI boom
China’s exports surged past analyst expectations last month as the global AI boom fed demand for Chinese chips, EVs, and other high-tech components. Year-on-year exports jumped by close to 20%, driven …
Taiwan mulls curbs on AI chip exports to China to align with US
Taiwan authorities are considering much stricter export controls on AI chip sales to China to further align with US measures, according to people familiar with the matter, an effort to address semiconductor smuggling that risks…
China’s CNCERT issues security alert on AI agent skills posing jailbreak, crypto-mining risks
The National Computer Network Emergency Response Technical Team/Coordination Center of China (CNCERT) issued a security advisory on Tuesday, warning that certain malicious AI agent skill packages …
U.S. Container Imports Climb in May as China Shipments Rebound
Container import volumes entering the United States rose 11. 5% year-over-year in May, supported by a recovery in cargo shipments from China following several months of softer activity, according to …
China Oil Imports Fall to Eight-Year Low as Run Cuts Ease Demand
China’s buying of oil from overseas slumped to the lowest in more than eight years last month as the Iran war crimped supply and Beijing held off scrambling for replacement barrels.
Nation’s brands eye spotlight at World Cup
A customer wearing an Argentina national team jersey shops on May 25 for World Cup merchandise at a store at Yiwu International Trade City in Zhejiang province. WEI ZHIYANG / FOR CHINA DAILY By LI …
China aluminium exports surge as Middle East turmoil hits global supply
China’s aluminium exports jumped sharply in May as the world’s largest producer moved aggressively to fill global shortages caused by the ongoing Middle East conflict. At the same time, copper prices held relatively steady on…
US container imports climb in May as China shipments rebound
Container import volumes entering the United States rose 11.5% year-over-year in May, supported by a recovery in cargo shipments from China following several months of softer activity, according to …
China’s Trade Imbalance With EU Swells With Imports in New Slump
China’s imports from the European Union dropped for the first time in three months, again swelling a trade imbalance that’s put it on a collision course with the bloc.
China’s May shipments to U.S. clock 5-year high growth at 35% as overall exports jump on tech boost
China’s trade growth held up better than expected in May, as surging AI-related exports helped buffer the economy against disruption from the Iran war. Exports rose 19.4% from a year earlier in U.S. dollar value…