China has banned imports of poultry and related products from Spain over an avian influenza outbreak, China’s customs administration said in a notice dated August 7 released on its website. Spain’s …
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Nvidia, AMD to pay 15% of China chip sale revenue to U.S. government
Nvidia and AMD agreed to share 15% of their revenues from chip sales to China with the U.S. government, a U.S. government official has confirmed. President Donald Trump’s administration had halted the sale of advanced…
Dollar firms ahead of US inflation report, US-China tariff deadline
The U.S. dollar edged higher across the board on Monday, a day before the deadline for Washington and Beijing to strike a tariff deal and the release of a U.S. inflation report that could help…
Pay-to-Play? Trump Slaps 15% “Export Tax” on Big Tech’s China AI Chips
The Trump administration has forced Nvidia and AMD to share their profits in exchange for access to the lucrative Chinese market, creating a radical new playbook for the U.S. tech war. For Nvidia and AMD,
Hong Kong, Shenzhen authorities arrest 12 in fake concert ticket bust
Authorities in Hong Kong and Shenzhen have arrested 12 individuals in a coordinated effort targeting the creation and distribution of fake concert …
The US is taking a cut from chip sales to China – what does it mean?
In a rare move, major chipmaking firms will give the US government 15% of profits from the sale of some advanced semiconductors in China.
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, …
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.
Chipone circles back to STAR Market IPO after unraveling—and a CNY30B rebound
Co., Limited, a top-tier Chinese display chipmaker valued at CNY30 billion (US$4.2 billion), has restarted its bid to go public on China’s STAR Market. On August 5, 2025, the company filed its IPO …
