U.S. Treasury Secretary Warns Higher Reciprocal Tariffs May Return if No Trade Deal Reached in 90-Day Pause
Bessent said if countries are not negotiating "in good faith", they are going to face tariff rates springing back to the April 2 level, some "were at 10 percent; some were substantially higher."
Sep. 25, 2025
Alibaba, Xiaomi Escalate Pressure on Meta as AI Glasses Race Enters High-Stakes Phase
Meta's early lead is significant, but China's massive consumer base and maturing supply chains could reshape the competitive landscape—if local players can move beyond flashy presentations and deliver compelling, scalable products.
May. 20, 2025
Xiaomi, Lenovo Unveil New Chips as China-U.S. Tech Battle Heats Up
The tit-for-tat dynamic in chip development reflects a broader strategic decoupling between the U.S. and China. While Washington tightens AI chip restrictions to constrain China's tech rise, Chinese companies like Xiaomi and Lenovo are forging ahead with homegrown silicon, despite high costs, IP challenges, and talent shortages.
May. 19, 2025
OpenAI Reported to Unveil New Data Center in UAE, Part of Stargate Expansion
It isn't clear how much capacity OpenAI is planning for the new data center, and the project is largely dependent on whether OpenAI can secure enough advanced Nvidia AI chip imports for developing and training AI models.
May. 14, 2025
Apple's Global Supply Chain Faces a New Test Amid Tariff Turbulence
As the U.S. and China suspend some tariffs, Apple's carefully calibrated global supply machine enters a new phase of uncertainty.
May. 14, 2025
Trump Speaks to Cook as Apple Reported to Weigh Raising iPhone Prices
Trump said he thinks Apple will raise its planned $500 billion spending in U.S. It was said Apple would have trouble offsetting China tariff costs solely by seeking further savings from its suppliers, meaning that tariffs could erode its profit margin unless it could raise prices.
May. 13, 2025
China's AI Giants Race to Dominate "General Agent" Battlefield as Global Competition Heats Up
Research forecasts a 72.7% compound annual growth rate in China's Agent industry through 2028, potentially reaching 800 billion yuan ($110 billion). For entrepreneurs, it's a new frontier for financing and IPOs; for Big Tech, it's a gateway for user engagement and cloud integration.
May. 13, 2025
U.S. and China Reach Deal to Cut Tariffs, Officials Say
Following talks with Chinese officials in Geneva, U.S. Treasury Secretary Scott Bessent told reporters that the two countries had agreed to a 90-day pause on further trade measures, with reciprocal tariffs set to drop by 115%.
May. 12, 2025
Trump Says He Could Cut Tariffs on China if Talks Go Well
Trump reiterated China wants to make a deal and expresses optimism that discussions will be "substantive" with China.
May. 12, 2025
Taobao and Xiaohongshu Team Up to Redefine Shopping Journey with Red Cat Initiative
"Users on Xiaohongshu appreciate honesty. There's no need for a '3-2-1 drop the link' countdown. People buy when they understand the product and feel a connection," Van Gogh said.
May. 11, 2025
