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Industrial Goods & Services

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A display shows the design of the BeiDou satellite navigation system in eastern China’s Shandong province. Photo: Getty Images
China technology

China’s GPS rival, BeiDou, dominates at home. Now, it aims to convert the world

China is overhauling its home-grown satellite navigation system as part of a push to expand the network’s global influence.

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Taiwan

Taiwan’s chip windfall redraws wealth landscape as global banks carve out roles

China-Australia relations

Australia’s 180-degree shift from 5 years ago: China in favour; US out

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Memory crunch bites: Xiaomi lifts handset prices amid supply chain squeeze

Price rises of nearly US$30 reflect surging memory costs, with analysts pointing to AI-driven demand and tight supply across the chip sector.

Xiaomi said on Friday that prices for three of its models would rise by about US$29. Photo: Getty Images

Beijing hails US cooperation as ICE returns suspected drug smuggler to China

With Xi and Trump set to meet next month, Beijing says handoff signals ‘progress in bilateral counternarcotics law enforcement’.

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Iran says shot down F-35 fighter jet with new defence system

IRGC claims ‘complete destruction’ of the advanced jet occurred over central Iran, and it is unlikely the pilot survived.

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Tesla outraces China’s BYD in pure electric car sales to regain world’s top spot

Shrinking subsidies, new taxes sap China’s EV demand, giving Tesla an edge in global deliveries for first time since fourth quarter of 2024.

Drivers charge their vehicles at a Tesla supercharger station. Photo: TNS

Letters | Why KMT leader’s planned visit to mainland China is significant

Readers discuss the chairwoman of Taiwan’s largest opposition party’s trip to the mainland, and the approach to treating drug abuse in Hong Kong.

Leapmotor targets global growth with Europe R&D hub, eyes Canada assembly

Chinese EV maker lifts overseas sales target as rising fuel costs and easing tariffs boost demand abroad.

Rubio raises concerns over China’s detention of Panama-flagged ships

Panama’s decision to strip Panama Ports Company of its concessions is a test of US backing for countries challenging China, experts say.

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US Secretary of State Marco Rubio at the G7 Foreign Ministers’ meeting in Paris last month. Photo: Reuters

As Xi-Trump summit approaches, tariffs continue to choke direct trade

Deficit with mainland hits two-decade low as trade shifts to Taiwan, Mexico and Vietnam amid tariff fallout and efforts to stabilise ties.

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Shipping containers wait to be transported along a railroad at the port of Los Angeles in Long Beach, California, one of the busiest gateways for US trade. Photo: Reuters

Trump’s ex-China mineral-alliance plan faces cost surge amid Iran war oil shock

Analysts say Middle East turmoil is elevating commodity input costs, affecting processing efforts and prompting push for ‘friendshoring’ to secure resources.

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China EV makers surge back in March as subsidies and financing spur demand

Carmakers report strong month-on-month gains as policy support and new financing schemes lift buyer sentiment.

‘False proposition’: state media hits ‘China shock’ as cover for Western anxiety

The state-run Economic Daily says the real problem with the global economy is not China’s strong exports, but rising protectionism.

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Large numbers of cars and containers are stacked at a port waiting for export in China’s eastern Jiangsu province. Photo: AFP

Opinion | Reinflate the property sector? No, China wants an ambitious redesign

Beijing is attempting a difficult pivot: transforming real estate from a debt-driven growth engine into a pillar of a consumption-led economy.

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Flats under construction in Nanjing, Jiangsu province, in eastern China on February 13. Photo: AFP

China targeted in US birthright citizenship debate, but court justices sceptical

China benefiting from ‘birth tourism industry’, top litigator claims, with Trump in attendance – a historic first for a sitting president.

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Brazil exporters bypass local banks to tap China’s US$1 trillion Sinosure fund

As Brazilian interest rates price out local lenders, Sinosure is quietly reshaping how Chinese goods reach the market.

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Canada’s finance minister visits China as both countries seek to bolster ties

Francois-Philippe Champagne’s four-day trip comes close on the heels of Canadian Prime Minister Mark Carney’s visit to Beijing in January.

Canadian Finance Minister Francois-Philippe Champagne. Photo: EPA

China’s No 3 foundry Nexchip files for Hong Kong listing to scale output

Wave of Chinese tech listings builds in Hong Kong as semiconductor groups scale up output.

Qiushi reaffirms China’s trade push, calls old export-led growth ‘unsustainable’

Global tensions, weak high-end exports, and record trade surpluses are spurring a strategic shift to boost imports, develop services trade and deepen market integration.

Japan, France to draw road map for supply of critical minerals

It aims to lower their high dependency on China, which mines about 70 per cent of the world’s supply and refines some 90 per cent.

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French President Emmanuel Macron (left) and Japan’s Prime Minister Sanae Takaichi exchange documents during a signing ceremony at Akasaka Palace in Tokyo on April 1, 2026. Photo: AFP

Shenzhen robot maker turns to Hong Kong for computing power and listing

EngineAI, whose robots have been bought by Mideast companies, needed cloud-based computing that could be seamlessly accessed from anywhere.

An EngineAI robot performs a demonstration for the media at the Convention and Exhibition Centre in Wan Chai. Photo: Elson Li

US lawmakers call for major crackdown on China’s alleged sanctioned oil imports

Bipartisan panel argues sanctions have concentrated discounted oil in Beijing's hands – charges the Chinese government denies.

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China’s electric cars and Iran war, VW pulls Skoda: 7 EV reads

From some Chinese carmakers raising prices to Xiaomi’s fresh fight with Tesla, here are seven EV stories you may have missed.

Ganfeng Lithium sees surge in battery demand amid China-US energy rivalry

Executives project an ‘explosive growth’ in energy storage, with Chinese firms extending their lead amid AI and data centre demand.

AI computing and data centre demand are new power consumption drivers, according to Ganfeng Lithium. Photo: Getty Images

UBTech powers up as humanoid robot sales jump 23-fold

Rapid growth in ‘embodied intelligence’ is beginning to translate into real orders as Chinese robotics firms scale production.

Cyborg calm before the commercial storm: UBTech’s shares rose more than 14 per cent on Wednesday morning, hitting HK$97.5 by midday. Photo: Baidu

China’s far west site of a new bulwark against Mideast-induced resource woes

Ethylene glycol plant in Xinjiang is equipped with tech that includes green electricity coupling, carbon capture and storage.

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China builds record-breaking underwater tunnels to unite eastern, western hubs

China is building new high-speed rail lines that dive underneath major waterways, providing fast services without disrupting shipping traffic.

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Industrial Goods & Services
The latest news on global industrial goods, services and economies, including the euro-zone economy, China’s economy plus global economic growth, risks and inflation, recession and long-term outlook.