In a rare move, major chipmaking firms will give the US government 15% of profits from the sale of some advanced semiconductors in China.
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Exclusive – China detains US seismologist who has studied North Korean nuclear tests
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China’s Next Move May Decide Whether Oil Prices Soar
China urges reopening of Strait of Hormuz as Iran and US exchange strikes
Will Oil Prices Soar as the U.S.-Iran Truce Frays? The Answer Lies With China.
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The US is taking a cut from chip sales to China – what does it mean?
Trump considers punitive tariffs, China builds space debris device: SCMP daily highlights
From China’s nationwide childcare subsidy to Chinese miners putting gold over own lives in Africa, here’s a round-up from today’s coverage.
China’s lithium price soars after battery giant CATL suspends production at Jianxiawo mine
China’s electric vehicle (EV) battery industry is facing a powerful shake-up. The world’s largest battery maker, CATL, has stopped production at one of its biggest lithium mines, the Jianxiawo mine, …
Nvidia, AMD to Pay 15% on China AI Chip Sales in US Deal
Nvidia Corp. and Advanced Micro Devices Inc. agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses, an unusual arrangement that may…
Digital Finance Forum of Global Digital Economy Conference 2025 … – KTLA
BEIJING, July 7, 2025 /PRNewswire/ — On July 3, the Digital Finance Forum of the Global Digital Economy Conference 2025 was held at the Beijing Banking & Insurance Business Park.
Nvidia, AMD deal with U.S. govt. to share revenue from China AI chips
The United States’ two leading makers of semiconductors that power AI have agreed to pay 15% of their China sales of two chips in exchange for export licenses.
Trump’s Pay-to-Play Chip Deal: Nvidia, AMD to Share China Revenue with U.S. Government
A Groundbreaking and Controversial Arrangement Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), two of the world’s leading semiconductor companies, have agreed to an extraordinary deal …
Ant Group Denies Rumors of Rare Earth-Backed RMB Stablecoin With People’s Bank of China
Ant Group has dismissed speculation that it is collaborating with the People’s Bank of China to issue a rare earth-backed RMB stablecoin.
12 arrested in Hong Kong-Shenzhen joint operation targeting suspected fake concert tickets
Hong Kong and Shenzhen authorities have arrested a total of 12 people in a joint operation targeting the manufacturing and sale of suspected fake concert tickets. More than 400 high-quality …
Trump wanted manufacturers to diversify away from China. Now many that heeded that call face stiff new tariffs
South and Southeast Asian countries are caught in the crossfire of Trump’s trade war and are now facing some of the highest tariffs in the world …
A pause on higher tariffs for China is due to expire Tuesday. Here’s what to know.
The uncertainty has left businesses in limbo and a decision to raise the import duties could jolt world markets.
China’s central bank conducts open market operations to back up economy
The headquarters of the People’s Bank of China in Beijing Photo: IC. The People’s Bank of China (PBC), the country’s central bank, conducted seven-day reserve repo operations wort …
Why China’s childcare subsidies may benefit poorer regions – and how they stack up in Asia
But the universal cash transfers could have a bigger impact on consumption levels than the number of births, some analysts say.
