中国的热带省份成为贸易天堂
| China's tropical southern island province of Hainan embarks today on one of the nation's biggest trade liberalism policies in years as it becomes the nation's first duty-free port – a designation that once catapulted nearby Hong Kong into a trade and tourism hub. Chinese Vice Premier He Lifeng said the duty-trade zone presents a gateway to a "new era of opening up to the world." Hainan is one of China's smallest provinces but one of the world's largest duty-free zones by area. The zone, the size of Belgium, allows some 6,600 imported goods to enter with no tariff and streamlined customed procedures. Some restrictions remain, however, on movement of duty-free goods to the wider mainland market. Hainan-produced goods using duty-free materials will be allowed to enter the mainland market exempt from import tariffs if they add 30 percent in value by processing. Chi Fulin, president of the Hainan Institute for free-trade studies, said the duty-free zone is a pioneer in reforms that may eventually be implemented nationwide. | |
| 来源: Shanghai Daily |
报道称 TikTok 在美国的法律地位问题已解决
| TikTok's operations in the US will be housed in new joint venture, controlled by US-based investors Oracle and Silver Lake, and Abu Dhabi investment firm MGX, CNBC and Reuters reported, citing a memo they obtained from TikTok Chief Executive Shou Zi Chew to employees. The arrangement effectively ends a standoff with Washington over Chinese control of the popular ByteDance platform. No figure on financial terms was disclosed. Under the deal, the new venture, called TikTok USDS Joint Venture, will be 50 percent held by Oracle, Silver Lake and MGX; 30 percent will be held by certain existing investors of ByteDance; and 20 percent will be retained by ByteDance. Citing national security concerns, Congress passed a law a year ago requiring China-based ByteDance to divest itself of TikTok's US operations or face an effective ban in the country. President Donald Trump, himself a fan of the short-video, lifestyle platform, has been trying to broker a deal to keep TikTok in the US. | |
| 来源: Shanghai Daily |
Momenta 与 Grab 达成自动驾驶合作伙伴关系
| Chinese robotaxi startup Momenta and Singapore-based Grab, an app that integrates ride-hailing and food delivery, formed a partnership to jointly advance self-driving technology. Grab invested an undisclosed sum in Momenta, after earlier investing in China's WeRide. | |
| 来源: Shanghai Daily |
中国谴责美国对委内瑞拉的“霸凌”行为
| China Foreign Minister Wang Yi told his Venezuelan counterpart in a phone call that Beijing rejects "unilateral bullying" and supports countries safeguarding their sovereignty, the Ministry of Foreign Affairs said in a statement. The comments came after US President Donald Trump ordered a complete blockade of all sanctioned oil tankers going in and out of Venezuelan ports and declared the government of President Nicolás Maduro a terrorist regime. Venezuela has dispatched its navy to escort oil tankers, threatening a further confrontation with the US.
OPEC member Venezuela relies on oil exports to finance its tottering economy. Global oil prices rose on the blockade news, with benchmark Brent crude 2.9 percent higher in late New York trading. The US has beefed up the presence of its military in the Caribbean. At least 90 people have been killed in US strikes on boats alleged to be carrying illegal drugs to the US. |
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| 来源: Shanghai Daily |
沐曦股份(MetaX)股票在上海上市首日暴涨
| Shares in MetaX, a mainland AI chipmaker, soared 693 percent above their offer price in the first day of trading on the Shanghai STAR market on Wednesday. The Shanghai-based company raised 4.2 billion yuan (US$596 million) in an initial public offering that was 4,000 times oversubscribed by retail investors. "It's another IPO tale in China that turns a crow into a phoenix," Tongheng Investment fund manager Yang Tingwu told Reuters. The debut surpassed that of Shanghai AI chip firm Moore Threads last week, which produced a 400 percent price surge in its trading debut.
Chinese investors are betting that the government's efforts to reduce reliance on foreign chipmakers like Nvidia will enhance the profitability of domestic rivals supplying the development of artificial intelligence. MetaX, which makes integrated circuits, has only about 1 percent of China's AI chip market, but the company projects sales to more than double this year and forecasts it will break even next year. The STAR market hosts promising technology startups whether or not they have made a profit yet. In the first nine months of the year, MetaX posted a loss of 345.5 million yuan because of big spending on research and development, However, revenue in the first half surpassed the revenue for the whole of 2024. |
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| 来源: Shanghai Daily |
麦当劳中国涨价引发消费者不满
| McDonald's China has raised the prices of some items by up to 1 yuan (14 US cents) in the highly competitive fast-food market, as cost of raw ingredients rises. The increases triggered a backlash from consumers on mainland social media, the South China Morning Post reported. McDonald's operates 7,100 mainland outlets. Other fast-food chains have also been raising prices. | |
| 来源: Shanghai Daily |
特朗普高级顾问称,船只袭击旨在推翻马杜罗
| President Donald Trump's aim in blowing up alleged drug-trafficking vessels in the Caribbean is motivated by a desire to oust Venezuelan President Nicolás Maduro, Trump Chief of Staff Susie Wiles said in an interview with Vanity Fair magazine, contradicting the administration's claim that the target is drug cartels, not regime change. She also said that any plans to attack targets on Venezuela's mainland would require congressional approval. | |
| 来源: Shanghai Daily |
福特将削减电动车产量
| Ford Motor said it's eliminating range of electric car models, highlighting an increasing retreat from new-energy vehicles by some carmakers amid slowing sales, the US ending of tax credits on electric cars, and Europe's move to backpedal from its 2035 ban on combustion-engine vehicles. Ford Chief Executive Jim Farley told Reuters that "the market really changed over the last couple of months." US sales of electric cars plunged 40 percent in November. Ford said it will take a US$19.5 billion writedown related to canceling development of new electric models, dissolution of a battery joint venture with South Korea's SK Group and other expenses. Other traditional automakers are also reverting back to gasoline and hybrid models, narrowing their electric vehicle lineups. | |
| 来源: Shanghai Daily |
受经济前景与 AI 债务影响,亚洲市场下挫
| Asian stock markets tumbled for a second day on Tuesday on concerns about softer Chinese economic data and a sell-off on Wall Street spurred by concerns about the rising AI-related debt of technology titans like Oracle. South Korea's Kospi index led the declines in Asia for a second day, dropping 2.2 percent, while Japan's Nikkei was off 1.6 percent. Hong Kong's Hang Seng index slumped 1.54 percent to nearly a three-month low, and the Shanghai Composite Index lost 1.1 percent. Among Chinese technology companies listed in Hong Kong, Alibaba lost 2.96 percent, Tencent was down 1.08 percent and Semiconductor Manufacturing International Corp retreated 1.93 percent. In Shanghai trading, chipmaker Cambricon fell 4.4 percent and Moore Threads sank 7 percent. In overnight trading in New York, the Dow and S&P 500 indexes closed lower for a third day, but the Nasdaq rose, lifted by a record Tesla close amid hype over its robotaxis. | |
| 来源: Shanghai Daily |
智利极右翼强硬派赢得总统大选
| Chilean voters swung to the far right, electing Jose Antonio Kast as their new president amid concerns over rising crime rates and a wave of immigration from Venezuela. Kast, a lawyer and right-wing hardliner, secured 58 percent of the vote in a runoff against leftist Jeannette Jara. It was the biggest swing to the right since the end of the military dictatorship in 1990. | |
| 来源: Shanghai Daily |


