The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
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Trump gave Beijing a one-day break before saying he could hit China with tariffs starting in February
US President Donald Trump had threatened 60% tariffs on Chinese goods on his campaign trail.
Tech titans top the world’s most valuable brands league in 2025
Tech companies continued to be some of the world’s most valuable brands this year, boosted by ongoing strong brand loyalty, as well as new innovations in artificial intelligence. View on euronews …
Elon Musk and China: 5 things about the ties of Trump’s ‘first buddy’
HONG KONG — U.S. President Donald Trump’s return to the White House has raised questions about how much influence Elon Musk — his largest campaign donor and the world’s richest person — might wield, especially…
Trump considers imposing 10% tariffs on China in February, vows to hit the EU
Moreover, in a Washington press conference held on Tuesday, Trump promised to put tariffs on the European Union as well. He said, “China is an abuser, but the …
More pain ahead for China’s luxury market, says Bain
China’s luxury market is undergoing a shift as the post-Covid boost fades, with analysts urging brands to focus on innovation and lower-tier city expansion.
China home to 4.25m 5G base stations
BEIJING — The number of 5G base stations in China has hit 4.25 million, with the number of gigabit broadband users surpassing 200 million, official data showed Tuesday. More than 4,000 5G factories …
ByteDance to launch Mobile Legends game in China to challenge Tencent
SHANGHAI — Chinese technology company ByteDance is set to release its most lucrative smartphone app game in its home country, seeking to gain ground on rival Tencent Holdings in the world’s largest …
Trump Says He Will Impose 10% Tariffs on Chinese Imports on Feb. 1
President Trump said on Tuesday that he intended to impose a 10 percent tariff on Chinese imports into the United States on Feb. 1, a decision that is sure to escalate trade tensions between the…
China’s ‘artificial sun’ shatters nuclear fusion record by generating steady loop of plasma for 1,000 seconds
A nuclear fusion reactor in China, dubbed the “artificial sun,” has broken its own record to bring humanity one step closer to near-limitless clean energy.
There can be no winners in a US-China AI arms race
AI competition is not a zero-sum game. Instead, the world’s superpowers need to work together to make sure AI benefits humanity.
China’s vice-premier says chaotic competition on AI could bring ‘grey rhino’
China’s vice-premier warned that the development of artificial intelligence could pose a major risk if it is not carefully managed, amid a rivalry with the US that has seen the emerging technology …
Record Beef Imports Raising Risk of China Imposing Trade Curbs
China’s record beef imports are hitting a market where demand is slowing and prices have fallen to the lowest since 2019, raising the risk that authorities will take steps to curb the trade.
