Us China Trade War

Who is Alice Huang? The woman in the middle of Nvidia's alleged spy scandal

Alice Huang, who US intelligence determined is a Chinese asset, emerged from the high-flying world of Shanghai finance to work with tech titans and obtain essential AI chips

Alleged spy plot targeting CEO raises questions about Nvidia's future

Investigations into whether Nvidia's CEO was the target of a "foreign intelligence effort" are raising questions about the future of the chipmaker, which became one of the world's most valuable companies by providing technology that powered the artificial intelligence boom. Jensen Huang has been synonymous with Nvidia since he co-founded it more than 30 years ago. The company now faces potential damage to its reputation and stock price, uncertainty over a possible successor and new scrutiny from shareholders and elected officials. President Donald Trump said Monday that the FBI is investigating Huang's affair with an alleged Chinese government agent. But Trump said he spoke with the executive and believes Huang "had absolutely no idea that the person in question was a spy." With a valuation of more than USD 4 trillion, the company has outsized importance as a Wall Street behemoth and provider of chips relied upon by AI developers. Law enforcement and members of Congress, as well as

China extends suspension of new rare earth controls until January 10

Beijing extended the suspension of export controls on certain rare earths, industrial diamonds and lithium battery technology as it negotiates a broader trade deal with Washington

Chinese newspaper dismisses Nvidia CEO Huang spy claim, warns on ties

The Global Times, a nationalist tabloid, said American outlets, in particular the New York Times, were 'going crazy' with speculative stories

China extends suspension of 24% tariff on US imports for two months

Beijing will keep its additional 24% tariffs on US goods suspended for another two months while retaining a 10% duty

US plans to ban Chinese telecom firms from direct access to phone numbers

The US Federal Communications Commission said on Thursday that ‌it will vote on November 19 on ​a proposal to ban China Mobile, China ​Telecom and China Unicom and other IP-enabled service providers

The great bull-market in India is over; prefer bonds, cash: Marc Faber

Foreign investors, Faber said, will reduce their exposure to markets around the world. "That is one reason I am reasonably positive about the US dollar," he added.

China opposes US sanctions on five firms linked to ex-Google engineer

Beijing on Tuesday expressed "firm opposition" to the Trump administration's sanctions on five Chinese companies connected to a former Google engineer accused of intellectual property theft. The move "severely harms the legitimate rights and interests" of Chinese businesses, the country's commerce ministry said in a statement. "The nature of this act is egregious. China firms opposes this." The ministry also urged the US to "correct its erroneous practice" and said Beijing would take "necessary measures", without specifying them. It came a day after the US State Department imposed sanctions on five Chinese companies connected to Linwei Ding, who founded Shanghai Zhisuan Technology. The department said he had touted his experience with Google and claimed his company could replicate the American tech giant's super intelligence infrastructure technology. The start-up incubation programme MiraclePlus, which was sanctioned along with Zhisuan, gave seed capital in exchange for an ownersh

US-China tensions persist despite Trump-Xi summit's rare warmth: Trump aide

Serious differences persist between the US and China despite the recent summit between Chinese President Xi Jinping and his US counterpart Donald Trump in Washington, which was marked by rare bonhomie, a close Trump aide said. Both sides still have issues that predated Xi's visit last week and would continue working on them, Republican Senator Steve Daines, a close Trump aide and key interlocutor between Washington and Beijing, told the Hong Kong-based South China Morning Post. "So that's again why it's really important to keep the dialogue going between two countries because both sides admit we've got some serious differences. But the answer is not to retreat. The answer is to stay engaged," Daines said. Daines, who played a key backchannel role ahead of Xi's visit, was responding to US Ambassador to China David Perdue's accusation that Beijing was "weaponising" its dominant position in critical minerals. In an interview with Fox News Sunday on September 27, Perdue made these ...

The birth of the G2?

Xi's US state visit signals that, for Mr Trump at least, the G2 age has begun

US, China release product lists under planned $30 billion tariff deal

The list for goods entering the US contains 77 entries, including fireworks, household products, sporting equipment and toys, according to documents published by both governments

China, US hold in-depth talks on tariffs, AI issues ahead of Xi-Trump meet

Top officials from the US and China held "candid, in-depth and constructive" talks on economic and trade issues, including on AI, ahead of Chinese President Xi Jinping's visit to Washington, official media reported on Monday. The talks were held between Chinese Vice Premier He Lifeng, US Treasury Secretary Scott Bessent and American Trade Representative Jamieson Greer in New York on Sunday, China's state-run Xinhua news agency reported. Guided by the important consensus reached by the heads of state of the two countries, they have engaged in exchanges on important economic and trade issues of common concern, as well as the implementation of consensus reached in previous talks, by upholding the principles of mutual respect, peaceful coexistence and win-win cooperation, the report said. Xinhua said Bessent and the vice premier talked about issues "relating to AI" without mentioning specifics and also had "candid, in-depth and constructive" discussions on key economic and trade ...

Fast food from US, China catches on in both countries amid trade tensions

China and the United States are divided on many issues, from tariffs and technology to Taiwan. But there is one thing tying them together: fast food. American restaurant and beverage chains are expanding rapidly in China, drawn by the potential customer pool in a country with four times the US population. China's languishing economy and cutthroat industry competition, meanwhile, have Chinese chains trying their luck in the US, turning crumbs and straws into a two-way cultural bridge between the two superpowers. The bilateral trade in burgers and bubble tea is business- and consumer-led gastrodiplomacy in action, said Yaling Jiang, the founder of ApertureChina, a market research company with headquarters in Shanghai and London. In China, recent American arrivals like Popeyes and Five Guys are seen as a guilty pleasure, she said, while the increasingly international palates of Americans have created space for Chinese brands to serve as their nation's unofficial ambassadors. "Consume

German companies lift China investment as US outlays fall, shows IW study

German firms invested €5.6 billion ($6.50 ​billion) more in China ​than in the same period of the ​previous year, based on IW's analysis of Bundesbank data

Trump weighs 7.5% tariff on China for flooding market with cheap goods

President Donald Trump is moving toward levying a new tariff on China that would penalise the world's second-largest economy for flooding the global market with underpriced goods, according to three people familiar with the matter. Two of the people, who spoke on condition of anonymity to discuss internal deliberations still being finalised, said Trump is considering setting the new tariff at 7.5 per cent. It's a level administration officials believe would not endanger the one-year trade truce between Washington and Beijing or a planned White House meeting between Trump and Chinese President Xi Jinping expected to take place in late September. The move, if finalised, appears to be a calibrated effort by the White House to work around a Supreme Court decision earlier this year that struck down Trump's plan to implement a sweeping, high-tariff scheme not seen since the 1930s. After that decision, the Trump administration announced in March it was launching formal investigations ...

Best of BS Opinion: Digital transactions haven't dented demand for cash

Today's opinion pieces examine India's persistent demand for cash, aviation safety, the coming leadership change at Tata Sons, the impact of US-China trade and life inside Tihar

Trump admin deploys AI to crack down on China-linked tariff dodging

White House report accuses dozens of countries of helping China evade US tariffs through third-country transshipments, with the new AI set to track such illicit trade flows

Why Moonshot AI's launch has put Chinese startups in US crosshairs

The US concerns come as Chinese AI artificial intelligence (AI) companies rapidly expand their presence in the global market

Trump accuses China of interfering in 2020 US elections, threatening truce

President Donald Trump accused China of interfering in the 2020 US election and stealing voter data, reviving claims that US intelligence agencies have previously debunked