Nvidia asks chipmaker TSMC to ramp up H200 production as China demand jumps, sources say

Nvidia is scrambling to meet strong demand for its H200 artificial intelligence chips from Chinese technology companies and has ‌approached contract manufacturer Taiwan Semiconductor Manufacturing Co (TSMC) to ramp up production, sources said. Chinese tech companies have placed orders for more than 2 million H200 chips for 2026, while ‍Nvidia currently holds just 700,000 units in stock, two of the people said. The exact additional volume Nvidia intends to order from TSMC remains unclear, they said. A third source said Nvidia had asked TSMC to begin production of the additional…

China rolls out trade-in funding for 2026 as campaign to spur spending continues

China has unveiled the details of an extension to its popular consumer goods trade-in scheme, a policy which has helped to fuel short-term boosts in consumption and contributed to the achievement of nationwide targets for economic growth. On Tuesday, the National Development and Reform Commission (NDRC) – the country’s top economic planner – announced with the Ministry of Finance that 62.5 billion yuan (US$8.93 billion) in ultra-long-term special bonds would be fast-tracked to local governments to support the programme for the first quarter of 2026, with subsequent funding to be…

How China cracked US ‘super code’, health benefits of lard: 7 science highlights

We have put together stories from our coverage on science from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. How China cracked US ‘super code’ that controls most power grids in the world China is no longer using American software to run its power grid. The Southern Regional Electricity Market (SREM) – the world’s largest unified power market – has switched fully to Tianquan, a solver developed by Chinese engineers with speeds 14 per cent…

Australia says ‘deeply concerning, destabilising’ Chinese exercises near Taiwan risk inflaming regional tension

Australia says it is deeply concerned about Chinese military exercises near Taiwan, and has raised the issue with Chinese officials. In a statement released on Wednesday, the Department of Foreign Affairs and Trade (Dfat) said the large-scale simulations risked destabilising the region and could result in an accident or escalation. The People’s Liberation Army launched the expansive surprise attack simulation on Monday, calling the war games “Justice Mission 2025”. Dfat said the exercises were “deeply concerning, destabilising and risk inflaming regional tensions”. “Australia strongly opposes any actions that increase the…

Tokyo expresses concern to Beijing over military drills around Taiwan: report

The Japanese government has expressed concern to Beijing over its military drills around Taiwan amid tensions between the two countries that are already strained by the Japanese prime minister’s comments nearly two months ago about a Taiwan contingency, according to Kyodo. It coincides with a statement by Japan that Chinese coastguard vessels have patrolled near the Diaoyu Islands – which are at the centre of a separate long-time dispute between the two countries – for a record number of days this year. Tokyo conveyed to Beijing on Monday that it…

Weatherwatch: Hopes for heavy snowfall in Chinese season of Major Snow

In the traditional Chinese calendar, the period from 7-21 December is known as Major Snow, contrasting with Minor Snow in November. Snowfall is welcomed at this time, with a proverb asserting that the heavier the snow, the better the harvest next year. As with many Chinese solar terms, Major Snow comes with its own delicacies; red bean porridge is traditionally eaten on the first day. Other seasonal foods are chosen with the idea that black foods are preferable for the darkest time of the year: black sesame seeds, black beans,…

EU to launch carbon border tax despite opposition from trade partners

The EU’s landmark carbon border tax will come into force on January 1 despite fierce opposition from trading partners and warnings from European industry that it will increase costs and red tape. The carbon border adjustment mechanism (CBAM), which covers six sectors including steel, cement, aluminium and electricity, is intended to prevent EU companies that have to pay for their emissions being undercut by cheaper, more heavily polluting competition. The European Commission published earlier this month details of how much importers were likely to have to pay. The levy is…

China’s factory activity breaks 8-month contraction, but headwinds persist

China’s factory activity returned to expansionary territory in December – beating market expectations to end an eight-month contraction – but analysts said it might be premature to view the rebound as a sign of sustained stabilisation. The manufacturing purchasing managers’ index (PMI) stood at 50.1 in December, up from 49.2 the previous month, according to data released on Wednesday by the National Bureau of Statistics. The reading exceeded a projection of 49.6 from economists polled by the financial data provider Wind. Advertisement The monthly index compiles survey data given by…

China builds a record-breaking hypergravity machine to compress space and time

China is set to break its own record in hypergravity research with a colossal new centrifuge that can spin multi-tonne samples at unmatched intensities. The machine, known as CHIEF1900, was built by Shanghai Electric Nuclear Power Group and shipped to Zhejiang University in eastern China on December 22 for installation. Once up and running, it will allow researchers to compress space and time, recreating catastrophic events such as dam failures and earthquakes inside a laboratory, according to the university. With a capacity of 1,900 g·tonne – a unit that combines…

China factory activity returns to growth after record contraction

Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s factory activity returned to growth in December, snapping a record eight-month contraction as Beijing tries to spark optimism in the world’s second-biggest economy. The official manufacturing purchasing managers’ index rose to 50.1 this month from 49.2 in November, according to the data released on Wednesday by the National Bureau of Statistics. The reading was also ahead of the 49.2 expected by analysts in separate polls by Bloomberg and Reuters.…