Against the backdrop of the ongoing US-China trade dispute, Chinese consumer sentiment is providing a glimmer of momentum for the country’s economy. Official data showed that retail sales in May rose by 6.4 percent year-on-year – the strongest growth since late 2023 and well above expectations.Analysts attribute May’s unexpectedly strong consumption figures to a series […]
Amid the trade war with the US, Beijing has given one of its leading tech pioneers an exclusive stage. The front-page interview with Huawei founder Ren Zhengfei on Tuesday in the People’s Daily, the mouthpiece of the Communist Party, sent political messages on several levels at home and abroad. The front page is usually reserved […]
After Huawei, China’s leading smartphone manufacturer Xiaomi is now also caught up in the maelstrom of US sanctions. The trigger is the export controls announced by the United States a few days ago, which apply to chip development software.Specifically, the restrictions concern so-called EDA programs, which are essential for designing modern semiconductors. The US government […]
The ongoing discount battle between China’s car manufacturers has brought the government in Beijing onto the scene. The Chinese Ministry of Commerce plans to ensure that regulations are complied with and fair competition is guaranteed. The aim is to promote the healthy development of the industry, said He Yongqian, spokesman for the Ministry of Commerce. […]
China has started building the first space-based supercomputer. On May 14, a carrier rocket launched the first twelve satellites of a planned “Three-Body Computing Constellation” into orbit. The network of small satellites will process data directly in space, marking the start of an ambitious project. The project will involve a total of 2,800 satellites, forming […]
The ceasefire in the tariff dispute between China and the US stands on shaky ground. Just a few weeks ago, both sides agreed in Geneva to a 90-day truce in the trade war, which had previously effectively ended all trade thanks to drastic tariffs.As part of the deal, the US lowered its tariffs on Chinese […]
Internally, Beijing has recently cast itself as the winner of the US-China trade spat. The temporary suspension of most Trump-era tariffs by a US court was gleefully reported by Chinese state outlets. “Is Trump’s tariff war over?” ran a headline by Xinhua News Agency. Even though a US appeals court reinstated the tariffs just hours […]
China’s space program is facing a true test: The Tianwen-2 mission is set to launch this week and bring rock samples from an asteroid back to Earth. In terms of its technical complexity, the expedition surpasses anything China has attempted in space before. Ye Peijian, the former chief designer of the Chang’e-1 lunar probe, calls […]
Anybody wanting to use Huawei AI chips without US approval risks criminal prosecution. Washington seeks to prevent the international distribution of Chinese chips through a kind of global ban. The US Department of Commerce warned of the consequences for the “use of Huawei’s Ascend AI chips anywhere in the world.” At the same time, the […]
China is gaining increasing relevance on the world stage as an arms supplier. With weapons systems, fighter jets and warships, the People’s Republic has expanded into markets previously dominated by Russian or Western manufacturers – with geopolitical ramifications that are as yet unforeseeable.For example, Central Asia, where the balance of power is currently shifting: In […]
