US and China agree on plan to ease export controls
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Beijing has gained time to build up its own strengths by drawing out negotiations with the United States, using its chokehold over critical minerals.
China's Huawei Technologies is capable of producing no more than 200,000 advanced artificial intelligence chips in 2025, a top U.S. exports controls official told lawmakers on Thursday, warning that though the number is below the company's demand,
The president said he and Chinese President Xi Jinping still need to sign off on a preliminary deal, even though he called it "done."
The government is vigorously promoting them as part of its ambition to develop a “low-altitude economy”. By that it means a proliferation of airborne devices whizzing around at less than 1,000 metres (far lower than ordinary commercial planes),
New Zealand’s Prime Minister Christopher Luxon will visit China and Europe next week, meeting with President Xi Jinping and Premier Li Qiang and leaders of the European Union, the government said in a statement on Friday.
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If a handshake agreement holds, it will merely undo some of the damage from the trade war that President Trump started.
President Donald Trump and officials from China announced that they have agreed on a framework for a trade deal between the two major economic powers.
China has said it is ready to drop the tariffs it charges on imports from all 53 African countries with which it has diplomatic relations. The move, announced at a China-Africa co-operation meeting, comes as the continent is facing the possibility of increased tariffs on its products entering the US.
Global sales of electric and plug-in hybrid vehicles rose 24% in May compared with the same period a year ago, as strength in China offset slower growth in North America, according to market research firm Rho Motion.
U.S. President Donald Trump wants China to lift restrictions on exporting rare earths and other critical minerals that Beijing imposed as part of a yearslong trade war