PLA attack on Taiwan ‘unlikely’ but ‘not impossible’ with Trump in White House

A People’s Liberation Army attack on Taiwan is “unlikely in the near future” but “not impossible”, given the risks of misperception and miscommunication with the United States under President Donald Trump, a British think tank has warned. Advertisement The US–China relationship is “more strained than it has ever been at any other point in the 21st century”, according to the London-based International Institute for Strategic Studies (IISS), which published its latest Asia-Pacific Regional Security Assessment on Wednesday. The release of the report’s 2025 edition comes ahead of this week’s Shangri-La…

Temu’s Chinese owner sees profits plunge as trade war bites

PDD Holdings, the Chinese owner of online shopping platform Temu, has reported a near 50% drop in profit as US President Donald Trump’s trade policies added to its struggles in its home country. US-listed shares of the e-commerce giant fell by more than 13% on Tuesday, after the firm said its profits for the first three months of the year fell to 14.74bn yuan ($2.05bn , £1.5bn). Earlier this month, the Trump administration ended the so-called “de minimis” exemption that allowed parcels worth less than $800 (£593) enter the US…

Elon Musk Hyperloop ride can be ‘extremely unpleasant’: China project scientists

Chinese scientists claimed to have solved a critical flaw in the futuristic vision of ultra-high speed ground travel, potentially salvaging vacuum-tube maglev technology and casting new light on the challenges faced by Elon Musk’s Hyperloop concept. Advertisement A study published by China’s peer-reviewed Journal of Railway Science and Engineering on May 16 showed that even minor imperfections – such as uneven coils or bridge deformations – would turn a journey into an ordeal, even in near-airless tunnels. But the engineers – who are working at the world’s first full-scale test…

India offers US ‘deep’ tariff cuts, but shields grain and dairy markets

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. India has offered “deep” cuts to its import tariffs on a swath of goods in talks with the US, but is seeking to retain its high levies on sensitive agricultural commodities such as foodgrains and dairy products, according to two people with knowledge of the negotiations. The government of Prime Minister Narendra Modi is racing to secure a preliminary trade agreement with the US to forestall President Donald Trump’s threatened…

More than a show: China’s robot fights offer ringside view of tech advancements

They dance, they run, they punch – but they never break a sweat or flinch in pain. Advertisement China’s humanoid robots are increasingly entering human arenas, participating in real-world sports competitions that expose them to unpredictable, complex environments – and, as analysts note, generate valuable data to advance their development. On Sunday, the world’s first kickboxing contest featuring humanoid robots kicked off in the eastern city of Hangzhou. Four Unitree G1 robots – donning helmets and boxing gloves to resemble human fighters – unleashed a volley of blows with speed…

Peak speed: Sherpas say their traditions are at risk after record Everest ascents

There is nothing unusual about records being broken on Mount Everest. But last week, two sets of climbers turned heads with ascents that many had never thought possible: they went straight up from sea level to the world’s highest summit in less than a week. On Wednesday, a team of four UK climbers, all ex-special forces soldiers, summited Everest having landed from London just over four days earlier. The following day, US-Ukrainian climber Andrew Ushakov said he had gone from New York to the top of Everest in under four…

‘Never right’: why there’s a war of words over Beijing’s English translations

America’s top diplomat Marco Rubio has made clear that he does not trust Beijing’s English translations of Chinese officials’ words – he says they are “never right”. Advertisement The China hawk has instead urged his colleagues to go back to the original Chinese version of statements put out by Beijing to get a more accurate understanding of what is going on. Rubio, the son of Cuban immigrants, appears to be the most powerful diplomat under President Donald Trump. He is the first person since Henry Kissinger to hold the national…

Developing nations face ‘tidal wave’ of debt repayments to China in 2025: report

China’s role in developing countries’ finances has transformed from capital provider to chief debt collector as a “tidal wave” of repayments due on loans Beijing extended under its Belt and Road Initiative far outstrip new disbursements, a new report by an Australian think tank showed. Under the Belt and Road Initiative (BRI), Beijing has disbursed over $1 trillion in loans to more than 150 countries to build a network of roads, airports, railways, telecommunication networks, and seaports to connect China to the rest of the world. Critics have accused China…

UK’s Chagos deal puts spotlight on strategic contest in the Indian Ocean

Decades of dispute over the Chagos Archipelago in the Indian Ocean, rooted in colonial history and international legal challenges, have been addressed after the United Kingdom agreed to transfer sovereignty of the islands to Mauritius. Under the May 22 deal, the UK retains a 99-year lease on the UK-US military base on Diego Garcia, the largest of the islands. Advertisement Under British colonial rule, the island chain was separated from Mauritius in 1965, three years before Mauritius was granted independence. Around 2,000 Chagos residents were forcibly removed to make way…

Fears of a purge in shipyard town after North Korea destroyer launch goes wrong

SEOUL – The mood in the North Korean port city where a warship launch went badly wrong last week is grim, local residents say, as authorities make arrests and officials scramble to find ways to salvage the 5,000-ton vessel. North Korean state media has reported that several senior officials have been detained, including Hong Kil Ho, the manager of the Chongjin Shipyard, and Ri Hyong Son, a senior military industry official in the ruling Workers’ Party. The May 21 launch was meant to be a signature event for supreme leader…