Following the temporary ceasefire in the US-China trade war, Alibaba's B2B platform witnessed a whopping 40% surge in interest from American buyers within a week.

Following the ceasefire in the trade war between Washington and Beijing, Alibaba.com witnessed a remarkable surge in its US buyer activity. The inquiries from US on Alibaba's B2B marketplace escalated over 40% in the week after the truce.

A renowned Chinese crane manufacturer expresses concern over US tariff plans, asserting that increased duties on Chinese cranes would merely escalate expenses for American ports. This sentiment is echoed by the association representing US ports.

Chinese smartphone exports to the United States, inclusive of Apple's iPhone, have plummeted to their lowest since 2011. The exports dropped a staggering 72% to just below $700 million in April, as the tech supply chains are thrown into chaos by President Trump's tariff campaign.

Nvidia's CEO Jensen Huang has described the U.S. ban on the H20 AI chip as 'deeply distressing'. In Huang's view, AI is a 'full-stack entity', implying that securing one level while jeopardizing the rest is 'illogical'.

With Xiaomi's latest achievement, a groundbreaking 3-nanometre chip, they boldly challenge rivals Apple and Qualcomm. This milestone signifies China's continuous progress towards technological self-sufficiency, despite the stringent US restrictions on advanced semiconductor exports.

Foxconn is investing a staggering £1.1 billion into its Indian subsidiary, as Apple shifts iPhone manufacturing from China. By 2026, Apple aims to source the majority of iPhones for the US market directly from India.

Despite the escalating trade war initiated by Trump, China has seen a capital inflow of US$17.3 billion. Analysts highlight that investors are shifting their focus to Asia as the US grapples with mounting debt and the potential impact of massive tax reductions.

Huawei has made waves in the tech industry with the release of a groundbreaking foldable-screen laptop, as well as a conventional MateBook Pro, both powered by their own technology, following their separation from tech giants Microsoft and Intel.

Beijing, the capital of China, continues to boost its domestic electric vehicle industry. The latest directive commands governmental organisations to increase their procurement of home-grown electric vehicles. This follows prior notices issued in 2024, aimed at bolstering the presence of Made in China electric vehicles in official fleets.

Lei Jun, the founder of Xiaomi, revealed that the company has significantly invested in the semiconductor industry, making it one of China's largest investors in this sector. In April, Xiaomi hit a milestone by dedicating US$2 billion from its ten-year US$6.9 billion budget towards chip development.

Ant International, the global unit of Ant Group, has reported an impressive revenue of US$3 billion as it gears up for a spin-off. Market analysts predict that should the company go public in Hong Kong, it could achieve an initial public offering (IPO) valuation in the range of US$8 billion to a staggering US$24 billion.