US-China trade tensions
Nvidia Reports Record-Breaking Demand for AI Chips as Quarterly Revenue Surges 60%
Nov 20, 2025 06:29 am CST
Nvidia posted exceptional quarterly results with $57 billion in revenue and $31.9 billion in profit, driven by unprecedented demand for its AI chips. CEO Jensen Huang reported that "Blackwell sales are off the charts" as the company's data center business grew 66% year-on-year to $51.2 billion, with strategic partnerships with OpenAI and Anthropic highlighting its dominant position in the rapidly expanding AI ecosystem.
Trump and Xi Meet in South Korea: First Face-to-Face Summit in Six Years Amid Ongoing Trade Tensions
Oct 30, 2025 10:48 am CST
US President Donald Trump and Chinese President Xi Jinping held their first face-to-face meeting in six years in Busan, South Korea, addressing critical issues including trade tensions, technology transfers, and rare earth mineral access. Both leaders expressed optimism about strengthening bilateral relations despite ongoing challenges, with negotiators establishing a framework agreement ahead of the high-stakes diplomatic summit.
Critical Minerals: The Global Race for Resources Powering Tomorrow's Technologies
Oct 21, 2025 05:25 pm CST
Australia stands at the forefront of a global competition for critical minerals essential to modern technologies. As China implements new export restrictions and the US seeks alternative supply chains, Australia's vast reserves of lithium, rare earths, and other critical materials present both economic opportunities and strategic advantages in the clean energy transition. The article examines how these resources are shaping international relations and Australia's potential to move beyond raw extraction to higher-value processing and manufacturing.
US-China Rare Earth Dispute Escalates: Export Controls Spark Diplomatic Tensions
Oct 17, 2025 01:49 am CST
China issues a detailed seven-point rebuttal to US criticisms over its rare earth export controls, highlighting that these measures align with international practices while accusing Washington of hypocrisy for its own extensive export restrictions. The dispute has intensified following a September call between President Trump and President Xi, with each country blaming the other for the deteriorating trade relations ahead of their anticipated meeting.
President Trump to Visit Japan Before APEC Summit Amid Rising Asia Trade Tensions
Oct 16, 2025 10:00 am CST
President Donald Trump is set to visit Japan before attending the APEC summit in South Korea, while also participating in the ASEAN summit in Malaysia where he'll witness a Thailand-Cambodia peace agreement signing. The trip occurs amid escalating US-China trade tensions following China's rare earth export restrictions and political uncertainty in Japan.
US Treasury Secretary Seeks Global Alliance Against China's Rare Earth Export Controls
Oct 16, 2025 03:11 am CST
US Treasury Secretary Scott Bessent calls for coordinated international response to China's rare earth export restrictions, emphasizing this is a global issue rather than a bilateral dispute. While maintaining that diplomatic channels remain open, Bessent criticized China's support of Russia through energy purchases and confirmed President Trump's upcoming meeting with President Xi despite recent threats of increased tariffs.
US Seeks Global Coalition Including India Against China's Rare Earth Export Restrictions
Oct 15, 2025 09:10 am CST
US Treasury Secretary Scott Bessent has announced that Washington is seeking support from global allies, including India, to counter China's new export restrictions on rare earth elements. Describing the situation as "China versus the world," Bessent outlined potential countermeasures while confirming that planned talks between President Trump and Chinese President Xi Jinping would still proceed ahead of a November trade deadline.
IMF Chief Praises India's Bold Economic Reforms as Key Global Growth Engine Amid International Challenges
Oct 14, 2025 02:43 pm CST
IMF Chief Kristalina Georgieva has praised India's bold economic reforms including digital identity implementation, tax system overhauls, and digital payment infrastructure during the IMF's semi-annual gathering. While forecasting 6.5% growth for India in 2025-26, she contrasted India's rising economic influence with China's deceleration and expressed concerns about global debt issues affecting developing nations and potential disruptions from renewed US-China trade tensions.
Canada Navigates Complex Diplomatic Relationships with China and India Amid US Trade Tensions
Oct 13, 2025 05:19 pm CST
Canada is strategically rebuilding relationships with China and India while balancing US trade tensions. Foreign Minister Anita Anand's diplomatic mission aims to enhance economic ties despite significant challenges, reflecting Prime Minister Mark Carney's economic-first approach that prioritizes Canadian interests while addressing complex geopolitical realities across Asia.
China Expands Rare Earth Export Controls Ahead of Trump-Xi Meeting: Strategic Implications for Global Technology Supply Chain
Oct 10, 2025 01:35 am CST
China has implemented new export restrictions on rare earth elements and related technologies, extending control over these critical minerals essential for high-tech and military applications. The regulations require special approval for foreign companies to export products containing Chinese-sourced rare earths, raising concerns about global supply chains. With China controlling 70% of mining and 90% of processing capabilities, these restrictions come just weeks before a scheduled meeting between President Trump and President Xi, highlighting ongoing trade tensions and accelerating US efforts to develop independent rare earth supply chains.