Good Morning. Welcome to The Wire’s daily news roundup. Each day, our staff gathers the top China business, finance, and economics headlines from a selection of the world’s leading news organizations.
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The Wall Street Journal
- Boeing in Talks to Sell China Hundreds of Planes as Part of U.S. Trade Deal — Beijing and Washington at odds over range of trade and national-security considerations.
- Chinese Chip Stocks Get Boost From Made-in-China Hopes — Chip gains were helped by speculation that U.S. chipmaking powerhouse Nvidia could suspend production of its H20 chip in China.
- Can Singapore Be the Next Robotaxi Hub? Chinese Companies Hope So — Chinese autonomous-driving vehicle firms are already piling into the Middle East.
The Financial Times
- Taiwan weighs return to nuclear power amid AI surge and China fears — Referendum on restarting 40-year-old plant comes as energy security concerns and electricity costs grow.
- TikTok to lay off hundreds of UK moderators as it shifts to AI — Moves comes despite Online Safety Act requirements on dangerous material.
- Chinese semiconductor shares surge after DeepSeek gives boost to homegrown chips — Chipmaker Cambricon jumps 20% to record high after AI start-up adapts model for ‘next generation of domestic chips.’
- China tech billionaire shoots for U.S.-style ‘March Madness’ basketball league — Backed by billionaire Alibaba co-founder Joseph Tsai, Asian competition looks to tap lucrative market for amateur events.
The New York Times
- Nvidia’s Jensen Huang in Talks With China to Allay Security Fears Over A.I. Chips — Jensen Huang said he was “surprised” by questions about his company’s chips, given China’s eagerness to acquire them for advanced A.I systems.
- Red Envelopes With Cash Are Changing Hands at Adams Campaign Rallies — New York Times reporters witnessed supporters of Mayor Eric Adams handing out cash-filled envelopes. Sometimes, that money went to reporters from Chinese-language outlets.
Caixin
- China Expands M&A Loan Policy to Support Minority Equity Deals — Shake-up of M&A loan rulebook is aimed at boosting corporate restructuring and investment.
- China’s Rental Market Flooded with Listings as Rents Continue to Slide — The reality of more listings and lower rents is here to stay, says CRIC report.
- Blunting the Insecurity in China’s Gig Economy — The country is taking steps to provide a social insurance safety net for a labor force operating in a legal gray zone.
South China Morning Post
- Why China’s top engineering academy has sights set on more private-sector blood — Adding more private enterprise executives and scientists to the Chinese Academy of Engineering is also expected to ‘influence the global flow of capital and talent.’
- Why are 7 large mainland Chinese cargo ships sailing in the Taiwan Strait? — Civilian fleet spotted deviating from normal routes suggests joint amphibious landing exercise with PLA is in the works amid Taiwan tensions.
Nikkei Asia
- Shanghai Stock Exchange sees shake-up in top 10 dominant companies — Once lagging, Agricultural Bank of China sees stock price soar on changes in economy.
- Japan-based fentanyl smuggler led network across Russia, Australia and more — Cryptocurrency flows and other data show ties to parties in Europe, India.
- China’s rare earth magnet exports to U.S. hit 6-month high — Exports jump following tariff negotiations between Beijing and Washington.
- China tops U.S. in climate change research, boosting sway on global policy — Paper volume and quality continue to rise, widening gap while Trump shuns field.
Bloomberg
- U.S. Allies in Asia Grapple With Once-Unthinkable Options — Trump’s tariffs and unpredictability have rattled the region’s most dependable partnerships, forcing Japan and others to debate a more independent future.
- How Weijian Shan Went From Hard Labor to Private Equity Pioneer — China’s dealmaking king talks about U.S.-China relations, how he survived the Cultural Revolution, and his view of Hong Kong’s National Security Law.
- U.S. and China Are Thwarting India’s Shot at $7 Trillion Solar Prize — To seize its opportunity to become a global force in solar power, nation must address tariff tensions and fix a supply chain still hugely reliant on Beijing.
- U.S. Farmers Facing Double Whammy of Trade War and Bumper Crops — Concerns about China’s absence from the market at a time when growers are expected to harvest big crops are generating anxiety.
- China Gen Z Stocks Surge Anew as Earnings Reignite Investor Buzz — Local brands beloved by Gen Z have been gaining market share from their global peers, thanks to their pricing, quick innovation, and social media outreach.
Reuters
- Exclusive: China’s Xi likely to skip October ASEAN leaders summit, sources say — It is rare for Chinese presidents to attend ASEAN summits, with Xi only having joined a 2021 special summit virtually since he gained power in 2012.
- From $50 billion to bust, investors count cost of Evergrande’s market tryst — Its delisting from the Hong Kong stock exchange on Monday would be one of the largest by market value and volume in recent years.
- Starbucks expects non-binding bids for China business within two weeks, sources say — A new partner in China could add impetus to a business whose market share has more than halved in the past five years.
Other Publications
- The Information: Nvidia Orders Halt to H20 Production After China Directive Against Purchases — Chinese authorities fear Nvidia’s chips could contain backdoors that funnel sensitive data from China to the U.S.
- The Economist: China is quietly upstaging America with its open models — How worried should OpenAI and other labs be?
- WIRED: Automaker Geely Launched Its Own Satellites Into Space, Highlighting China’s Ambitions — It’s a bird, it’s a plane — it’s the latest sign that Chinese automakers intend to dominate the global car industry for decades to come.
- Foreign Policy: China’s Decarbonization Is So Fast Even New Coal Plants Aren’t Stopping It — Advances in clean energy are compensating for new construction.
- CFR: Why China Is Scared of Dollar Stablecoins and How It Will Respond — As U.S.-backed stablecoins gain traction, they threaten to bypass China’s financial controls.
