The Wall Street Journal SMIC’s Quarterly Profit Jumps on Robust Chip Demand — The Company’s Hong Kong-listed shares have surged 42% this year, far outpacing the Hang Seng Index’s 14% gain. China’s Exports to U.S. Plunge, in Sign of Bite From Trump Tariffs — The drop in U.S.-bound shipments was offset by a surge in Chinese goods to Southeast Asia, Africa, Europe and Latin America. China to Crack Down on Rare-Earth Materials Ahead of U.S. Trade Talks — Authorities pledged t