Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia has said the Trump administration has relaxed restrictions on exporting a key artificial intelligence product designed specifically for the Chinese market, saying it hoped to resume deliveries of its H20 chip “soon”. The US chipmaker on Tuesday said it had received assurances from the US government that it would approve licences for the H20, while announcing plans to release a new China-specific AI chip. Nvidia reported a $4.5bn charge…
Day: July 14, 2025
China’s GDP grows 5.2% as exports show resilience against Trump trade war
Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. The Chinese economy expanded 5.2 per cent year on year in the second quarter as the world’s biggest exporter shrugged off the impact of Donald Trump’s trade war. The rate, which slightly exceeded the 5.1 per cent average estimate from analysts polled by Reuters, positions Beijing to hit its full-year target of about 5 per cent. It shows how China has been able to keep growth on track through exports…
China’s economy grows 5.2% in second quarter
Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s economy grew 5.2 per cent year on year in the second quarter as resilience in exports helped to offset sluggish domestic demand in the world’s second-largest economy. The growth rate, which slightly exceeded the 5.1 per cent average estimate from analysts polled by Reuters but trailed the 5.4 per cent growth in the first quarter, positions Beijing to hit its full-year target of about 5 per cent. China’s President…
China growth slows as trade turmoil weighs on economy
China’s economy has slowed as trade turmoil triggered by US President Donald Trump’s tariffs and a prolonged crisis in the property market weigh on growth. Official figures show the world’s second largest economy grew by 5.2% in the three months to the end of June, compared to the same time last year. That’s down from 5.4% in the previous quarter. But the country has so far avoided a sharp downturn, partly due to measures announced by Beijing to help support the economy and a fragile tariffs truce with Washington. Trump…
Nvidia to resume selling H20 graphic processing chips to China
Nvidia will resume selling its H20 chips in China and release a new graphics processing unit (GPU) for the country in compliance with US export restrictions, according to a statement amid the visit by its CEO Jensen Huang to Beijing. Advertisement Nvidia has applied to sell the H20 GPU again, and the US government has “assured Nvidia that licences will be granted” and Nvidia is expected to start deliveries soon, according to a company statement on Tuesday. Nvidia “hopes to start deliveries soon”, it said. Huang also announced a “new,…
Australia’s PM seeks to balance trade and security tensions in Xi meeting
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Australia’s Prime Minister Anthony Albanese will seek to reaffirm ties with China when he meets President Xi Jinping in Beijing on Tuesday amid global trade turmoil and pressure from the US over security commitments to Taiwan. During his six-day state visit to China, which includes stops in Shanghai and Chengdu, Albanese is aiming to strengthen economic ties in areas including steel production and tourism. For China, the objective will be…
Taiwan’s military takes preparation for Chinese invasion to civilians’ doorsteps
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Can a superalloy method fix aircraft engine woes, even for sixth-gen fighters?
Chinese researchers working on a new superalloy processing technique say their lab results suggest it could be used to build stronger and longer-lasting aircraft engines, according to state media. Advertisement Superalloy turbine discs are a core component of aircraft engines and the new technique to cool down the metal alloy faster during manufacturing could significantly improve performance, the official Science and Technology Daily reported on Friday. 01:09 New Chinese fighter jet seen over Chengdu tacitly confirmed by military New Chinese fighter jet seen over Chengdu tacitly confirmed by military With…
US probes imports of drones and critical material in chips and solar panels
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The US commerce department has launched two national security probes that could lead to tariffs on drones and a raw material used for chips and solar panels. In notices published on Monday evening, the commerce department said it would examine imports of unmanned aircraft systems and their parts and components, and would separately carry out a study of polysilicon supply chains. US officials would study the impact of…
Paraguay president vows to defend Taiwan ties ‘with all its strength’
Paraguayan president Santiago Peña said Monday that his country would “stand firmly by Taiwan”, describing the 68-year diplomatic relationship as a strategic and values-based alliance that the country is prepared to defend “with all its strength and with a loud voice”. Advertisement Speaking at a Taiwan–Paraguay business forum in Asunción, Peña said his country’s partnership with the self-ruled island reflects Paraguay’s sovereign foreign policy and its commitment to democratic principles, not just economic interests. Paraguayan authorities said at the time that Xu Wei, a Beijing‑based envoy visiting Asunción for a…