Taiwan’s military launched 36 HIMARS rockets toward the Taiwan Strait on June 10—the first live-fire test of the US-supplied system aimed at the waterway separating the island from mainland China.
Tag: China
Posted inEconomy
China’s 5% GDP growth masks a property slump and a youth jobs crisis
China’s economy expanded 5% in Q1 2026, meeting the government’s target, but record exports and the headline growth rate conceal 16.3% youth unemployment and more than 36 months of falling home prices.
Posted inGeopolitics
Putin arrives in Beijing for his 25th China summit, days after Trump
Putin arrived in Beijing on May 19 for his 25th state visit with Xi Jinping, following Donald Trump’s own summit with the Chinese president by just five days.
Posted inTech
Nvidia H200 sales cleared by Washington, blocked by Beijing
The U.S. approved H200 chip sales to ten Chinese firms including Alibaba, Tencent, and ByteDance — up to 75,000 chips each — but not a single unit has shipped as Beijing steers buyers away from American hardware.
Posted inMarkets
Circle posts record Q1 revenue as USDC bet hinges on CLARITY Act
Circle Internet Group reported $694 million in Q1 2026 revenue, up 20% year-on-year, but the stablecoin issuer’s path back to its $300 high depends on U.S. stablecoin legislation clearing Congress.
Posted inGeopolitics
Trump leaves Beijing with Boeing deal, vague Iran pledge, and Xi state visit
Two days of talks in Beijing ended Friday with China’s pledge to pressure Iran, a 200-jet Boeing order, and an autumn invitation for Xi to visit Washington.
Posted inTech
Jensen Huang joins Trump’s China trip in bid to end the H200 chip stalemate
Nvidia CEO Jensen Huang joined Trump’s Beijing delegation at the last minute to push for H200 AI chip sales to China, which remain blocked despite US authorization granted months ago.
Posted inTech
Trump’s January chip order rewrites the rules on AI hardware exports
A January 2026 presidential proclamation imposing a 25 percent tariff on imported AI chips, combined with a BIS rule shifting export review of advanced chips from presumption of denial to case-by-case, has restructured who can buy the most powerful AI hardware and on what terms.
Posted inGeopolitics
Trump and Xi open Beijing summit on trade, Taiwan, and the Strait
The two leaders agreed to pursue a ‘constructive China-US relationship of strategic stability’ on the first day of a two-day state visit, with the Strait of Hormuz, Taiwan, and rare earths all on the table alongside tariffs.