China, US negotiators reach basic framework agreement on TikTok's status
中美谈判代表就抖音海外版（TikTok）地位达成基本框架协议
2025-09-16
| China, U.S. reach basic framework consensus on resolving issues related to TikTok through cooperation.
The fate of the popular social media app in the US, which has 170 million users, has been in limbo since Congress, citing national security concerns, enacted a law last year banning it if it remains in Chinese control. Trump three times delayed implementation of the law to provide time to find buyer. |
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| 来源: Shanghai Daily |
中国推进全国统一大市场改革
2025-09-16
| Chinese president Xi Jinping published an article in Qiushi magazine on advancing a national unified market. The idea of a unified market aims to remove regional impediments and establish an open market system. The idea, first raised in 2013, gained momentum in 2022 when authorities issued guidelines calling for accelerated progress. In the article, Xi stresses the importance of creating a new market framework to promote high-quality development. He emphasized the need to rein in disorderly price wars, promote the "orderly exit" of overcapacity, improve fiscal and statistical systems, and refine credit mechanisms. | |
| 来源: Shanghai Daily |
中国指控英伟达违反反垄断法
2025-09-16
| China's market regulator on Monday said a preliminary probe found that US chipmaker Nvidia violated the country's anti-monopoly laws, adding that the investigation will continue. China's State Administration for Market Regulation opened the probe related to Nvidia's 2020 acquisition of Israeli-based network-gear maker Mellanox. It didn't give details of the alleged breaches.
Nvidia was a major supplier of AI chips to China until the Trump administration banned its exports earlier this year amid a trade war with China. Though exports on some less-advanced chips have been reinstated, the US company has encountered difficulties in re-entering the market, especially after Chinese officials questioned whether its China-specific H20 chip had installed "backdoors" that could compromise Chinese user data and privacy. |
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| 来源: Shanghai Daily |
中国与美国结束会谈首日，未发表声明
2025-09-15
| Chinese and US negotiators concluded the first day in a fourth round of trade talks with no word on their progress. The discussions resume in Madrid on Monday. The Chinese delegation led by Vice Premier He Lifeng and the US side led by Treasury Secretary Scott Bessent met for almost six hours on Sunday. The future of the US operations of TikTok, owned by China's ByteDance, is known to be among the agenda items. The US Congress passed a law last year banning the platform in the US if it remains in Chinese hands. Implementation of the law has been delayed three times to see if a US-backed buyer can be found. Before the talks began, China said Friday it is committed to safeguarding the legitimate rights and interests of its companies. China and the US are currently under a 90-day tariff truce that expires next month. | |
| 来源: Shanghai Daily |
中国对美国半导体产业发起两项调查
2025-09-15
| China launched two investigations targeting the US semiconductor industry, the Chinese Ministry of Commerce announced in a statement, just ahead of US-China trade talks resuming in Madrid. One is an anti-dumping probe focusing on analog integrated-circuit chips, a realm dominated by US companies Texas Instruments and Analog Devices. The ministry said imports of the chips from the US increased 37 percent from 2022-24, while prices dropped 52 percent, harming the domestic industry. A second probe is an anti-discrimination investigation into US curbs on China's chip sector after Washington added 23 more China companies to its export-control list. | |
| 来源: Shanghai Daily |
罗马尼亚报告俄罗斯无人机入侵
2025-09-15
| Romania says a Russian drone breached its airspace, the second NATO country in a week to report such an incursion. Romania's defense ministry said it detected the Russian drone when two of its F-16 jets were carrying out border patrols. Last week, Poland shot down Russian drones over its airspace. Russia has not commented on either incident. | |
| 来源: Shanghai Daily |
International trade fairs in China draw widespread foreign interest
中国国际经贸展会吸引全球外商广泛关注
2025-09-12
| The 12th China International Fair for Trade in Services opened in Beijing, with 85 countries and 2,000 companies participating. The theme of the 2025 fair is application of intelligent technologies to develop the services sector. Foreign exhibitors, including Walmart, AstraZeneca and KPMG, said they are interested in tapping China's potential as the services market opens wider to overseas players. China's trade in services in the first half of this year rose 8 percent from a year earlier to a record 3.9 trillion yuan (US$548.8 billion). The fair runs through Sunday.
At the China International Fair for Investment and Trade, which ended yesterday in the southeastern city of Xiamen, investment deals valued at 644 billion yuan were signed, with foreign companies announcing new partnerships and plans to expand in China. Britain's Invinity Energy Systems signed a deal with a Xiamen company to build an intelligent manufacturing hub for energy storage batteries. Germany's Delfa Systems displayed its new sensor technology for application in robotics and autonomous driving, saying the Chinese market offers the company huge prospects. |
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| 来源: Shanghai Daily |
竞购星巴克中国股权的投标方缩减
2025-09-12
| Global investment firms Carlyle Group and EQT, and regional players HongShan Capital Group and Boyu Capital are preparing final offers for a stake in Starbucks' China operations, Reuters reported, citing five people familiar with the bidding. Starbucks has asked the finalists to submit binding offers by early next month. The US coffee chain initially invited 10 potential bidders to submit preliminary offers, with most valuing the Chinese operations as high as US$5 billion. No stake size has been disclosed. The news agency said Primavera Capital may also be in the final round of bidders. Starbucks has said it will retain a stake in the Chinese business.
Starbucks has been struggling in the Chinese market against domestic rivals like Luckin Coffee. Its same-store sales in its third quarter ended June 29 rose 2 percent. The company currently operates about 7,800 outlets on Chinese mainland. Its market share last year dropped to 14 percent from 34 percent in 2019. |
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| 来源: Shanghai Daily |
中美国防部长举行首次会谈
2025-09-12
| China's defense minister Dong Jun held a video call with his US counterpart Pete Hegseth, urging the US defense secretary to maintain communications and an open mind to foster stable, positive ties, Xinhua reported. The Pentagon called the first talks between the two defense officials "candid and constructive" and said Hegseth assured Dong that the US doesn't seek conflict with China but will "protect its vital interests in the Asia-Pacific region." | |
| 来源: Shanghai Daily |
Poland, NATO pilots shoot down Russian drones in Polish airspace
波兰与北约飞行员在波兰领空击落俄军无人机
2025-09-11
| Poland and NATO pilots shot down at least four of 19 Russian drones in Polish airspace that occurred during a wider Russian attack on Ukraine, the first time NATO has fired weapons since the start of the Ukraine war more than three years ago. At one point during the operations, Warsaw International and three other airports were closed for several hours. It isn't clear if the drones were a mission gone wrong or intended. Polish President Donald Tusk said the drones came from Russian ally Belarus and were an "act of aggression." Moscow called the Polish claims "groundless." Nobody was apparently hurt in the strikes. Western military Analysts questioned whether Russia was testing NATO defenses.
During the same day of Russian assaults, a Russian glide bomb struck a village in eastern Ukraine, killing 24 pensioners lined up to collect their monthly checks. Nineteen people were injured. |
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| 来源: Shanghai Daily |
