An engineer debugs robots at the factory of AgiBot, a leading robotics company specializing in embodied intelligence, on December 8, 2025 in Shanghai, China. (Photo by Tang Yanjun/China News Service/VCG via Getty Images) Tang Yanjun | China News Service | China News Service | Getty Images Billionaire Elon Musk has put humanoid robots in the…
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Chris Miller, author of the book “Chip War,” warned three years ago that the balance of modern power hinges on a semiconductor supply chain crossing…
Nvidia shares were not doing much on Tuesday as Wall Street failed to see the bigger picture of how the company can benefit from finally getting the green light from the U.S. government to sell its second-best chips in China. After Monday’s close, President Donald Trump said on social media that Nvidia will be allowed…
President Donald Trump on Monday said Nvidia will be allowed to ship its H200 artificial intelligence chips to “approved customers” in China and elsewhere, on the condition that the U.S. gets a 25% cut. Chinese President Xi Jinping “responded positively” to the proposal, Trump wrote in a Truth Social post. The policy “will support American…
A view of the NEO magnetic plant in Narva, a city in northeastern Estonia. A plant producing rare-earth magnets for Europe’s electric vehicle and wind-energy sectors. Xinhua News Agency | Xinhua News Agency | Getty Images NARVA, Estonia — Europe’s big bet to break China’s rare earths dominance starts on Russia’s doorstep. The continent’s largest…
A worker walks past molten steel at a steel factory in Huai’an, in China’s eastern Jiangsu province on July 22, 2025. – | Afp | Getty Images China’s factory activity edged higher in November but remained stuck in contraction for the eighth consecutive month, while services weakened as the boost from earlier holidays faded, according…
Japanese national flag flies before the National Emblem of China in Tiananmen Square in Beijing, China. China Photos | Getty Images News | Getty Images Back-to-back calls between U.S. President Donald Trump and the leaders of Japan and China have so far done little to defuse the diplomatic spat occurring between Beijing and Tokyo, as…
A wheel loader takes ore to a crusher at the MP Materials rare earth mine in Mountain Pass, California, U.S. January 30, 2020. Steve Marcus | Reuters The emergence of critical minerals as a new arena of geopolitical competition has coincided with a dizzying rally in U.S.-listed rare earths mining stocks. Despite paring gains in…
the White House More details released on Saturday A trade deal was agreed between US President Donald Trump and Chinese President Xi Jinping in a meeting earlier this week. Among other things, the White House said China would suspend A ban on the export of rare earth minerals was announced in OctoberAnd it will “resume…
The logo of Chinese-owned semiconductor company Nexperia is displayed at the chipmaker’s German facility, after the Dutch government seized control and auto industry bodies sounded the alarm over the possible impact on car production, in Hamburg, Germany, Oct. 23, 2025. Jonas Walzberg | Reuters Netherlands-based chipmaker Nexperia is at the heart of a standoff between…
