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Shanghai Dairy

Gaza Ceasefire Wobbles After Deadly Breach

加沙停火在致命破坏后动摇

2025-10-20 浏览


Israel carried out a wave of strikes in southern Gaza in what it said was retaliation for a Hamas attack on its troops. The breach in the barely week-old ceasefire left two Israeli soldiers and 44 Palestinians dead. Both sides said they were resuming the ceasefire after the flare-up of violence that each blamed on the other. The ceasefire was already on knife-edge with two of its key provisions -- release of deceased hostages by Hamas and entry of humanitarian aid into the enclave – proceeding much slower than expected and no progress on the next steps of President Donald Trump's peace plan, which include a transitional outside body to administer Gaza.  
来源: Shanghai Daily  



China Herbal Medicine Maker's Profit Drops

中国一家中药制造商利润下滑

2025-10-20 浏览


Zhangzhou-based Chinese herbal medicine maker Pientzehuang Pharmaceutical reported revenue in the third quarter dropped 26 percent from a year earlier to 2.6 billion yuan ((US$365 million), and profit fell 29 percent to 687 million yuan. The report shows that without a one-time investment gain in the period, profit would have fallen by nearly 55 percent. For the first nine months of the year, revenue fell 12 percent to 7.4 billion yuan, resulting in a 21 percent drop in profit to 2.1 billion yuan. The company, listed on the Shanghai stock exchange, takes its name from its best-selling therapy, a Ming Dynasty formula traditionally used to treat inflammation.  
来源: Shanghai Daily  



Robots a Big Hit at Canton Fair

机器人在广交会上大受欢迎

2025-10-20 浏览


The 138th Canton Fair, now underway in the southern city of Guangzhou, has attracted a record 240,000 buyers from around the world and thousands of visitors curious for a peek at the latest in smart technologies. Robots have proven a major attraction at the world's oldest and largest trade exhibition, which is focused on advanced technologies. Long queues have formed in the robotics zone of 46 exhibitors, where automatons are on display walking up stairs, dancing, measuring blood pressure, giving massages, cleaning floors and performing other human activities. China is the world's leading robot maker. The semiannual fair will run through November 4.  
来源: Shanghai Daily  



China's US Envoy Urges 'Return to Reason'

中国驻美大使呼吁“回归理性”

2025-10-17 浏览


Chinese Ambassador to the US Xie Feng urged Washington to "return to reason" and "stop applying maximum pressure" on China, warning that "a trade war serves no one's interest in the end." He said China is not looking for a fight but won't stand by idly if its national interests are threatened, and he called on the US to resolve differences through negotiation and not go down the "old path" of escalating tensions.

Meanwhile, the Trump administration said it will urge allies in Europe and Asia to decouple their supply chains from China as quickly as possible, with US Treasury Secretary Scott Bessent calling Beijing an "unreliable" trading partner. The rhetoric is the latest US salvo against China's announced tightening of export controls on rare earth minerals critical to industrial production. "China's actions have once again demonstrated the risk of being dependent on them," Bessent said. "This is China versus the world."
 
来源: Shanghai Daily  



Trump to Meet Putin in Hungary

特朗普将赴匈牙利会晤普京

2025-10-17 浏览


US President Donald Trump said he will meet Vladimir Putin in Budapest to discuss the war in Ukraine after a more than two-hour phone call initiated by the Russian president, but no date was given. The announcement came a day before Trump is due to meet Ukraine President Volodymyr Zelensky at the White House. Plans for the meeting in Hungary come two months after a summit between Trump and Putin in Alaska produced no momentum toward a negotiated end to the war. Trump, fresh from success brokering a ceasefire in Gaza, has recently hinted the US may supply Ukraine with Tomahawk long-range missiles, which have the capability of striking Moscow.

US efforts to force Russia to the negotiating table by curtailing global purchases of its oil and gas

that it says finance the war gained support after the UK added Chinese refiner Yulong

Petrochemical and Shandong port operators Jingang, Baogang International and Haixin to its

sanctions list. In China, the world's largest buyer of Russian energy, the Foreign Ministry

condemned London's action, saying Beijing "firmly opposes unilateral sanctions."

The US earlier this year slapped a punitive tariff on India, the second-largest buyer of Russian oil.

On Thursday, Trump said Indian Prime Minister Narenda Modi told him oil purchases will cease,

but New Delhi said it isn't aware of the conversation.
 
来源: Shanghai Daily  



TSMC Posts Record Profit on AI Chip Demand

‌《台积电受益AI芯片需求创下利润新高

2025-10-17 浏览


Taiwan Semiconductor Manufacturing Corp (TSMC), the world's largest contract chipmaker, reported net profit in the third quarter increased 39 percent from a year earlier to a record T$452.3 billion (US$15.1 billion), beating analysts' forecasts. Revenue rose 10 percent to T$990 billion. The company, whose customers include Nvidia and Apple, said chips for artificial intelligence and 5G telecommunications comprised 57 percent of revenue. TSMC raised its revenue forecast for the full year after reporting profit in the first nine months surged 52 percent to T$1.21 trillion on a 36 percent increase in revenue to T$2.76 trillion. The company's shares in New York initially rose but closed lower as a wave of concern over the China-US trade war washed over markets.  
来源: Shanghai Daily  



Canton Fair Opens With Accent on Technology

‌广交会聚焦科技亮点开幕

2025-10-16 浏览


The 138th Canton Fair, now formally known as the China Import and Export Fair, opened in the southern city of Guangzhou, with more than 32,000 companies participating and the accent on advanced technologies. It is the oldest and largest exhibition of its kind in China. This year's highlights include the debut of a zone dedicated to smart health care, bringing together 47 companies specializing in surgical robots, intelligent monitoring systems and wearable medical devices. A separate zone on robotics will return, with 46 exhibits ranging from the latest humanoid robots to robotic dogs. Intelligent transformation with feature 18 exhibition sections focusing on smart technologies and showcasing more than 350,000 products. A section dedicated to green technologies will feature energy storage systems and advances in hydrogen energy, with more than 1 million low-carbon products on exhibit. The fair will run through November 4.  
来源: Shanghai Daily  



China, US Spar Over Ships, Soybeans

中美就船舶与大豆问题交锋

2025-10-15 浏览


China added five US subsidiaries of South Korean shipbuilder Hanwha Ocean to its sanctions list over their alleged involvement in Washington's probe into the Chinese shipping industry, the Commerce Ministry said in a statement.

The sanctions took effect on Tuesday, the same day as Washington and China rolled out tit-for-tat port fees on one another's owned, operated or built ships docking at their ports. President Donald Trump has stated his ambition to curb China's global dominance in shipping. China holds a 53 percent market share in shipbuilding, followed by South Korea. The US accounts for only about 0.1 percent.

Bilateral quarrels also extended to agriculture on Tuesday as Trump lashed out again at China's shift in soybean purchases this year to South American from US farmers, calling the snub "economically hostile." In turn, Trump said, the US may terminate all imports of cooking oil from China.
 
来源: Shanghai Daily  



Cracks Mar Fragile Gaza Ceasefire

裂缝危及加沙脆弱停火

2025-10-15 浏览


Israel said it will restrict flow of humanitarian aid into Gaza until all 28 bodies of hostages who died in captivity there are returned. So far, eight remains have been returned, along with all 20 living hostages. Hamas, which earlier said some hostage bodies may be buried under rubble from Israeli bombing, has requested heavy machinery to help in search and recovery efforts. The White House also ramped up pressure on Hamas, with President Donald Trump saying, "If they don't disarm, we will disarm them." Since Israeli troops began withdrawing from Gaza City under the ceasefire agreement, Hamas has killed at least 33 members of rival gangs and suspected Israeli collaborators, Reuters reported.  
来源: Shanghai Daily  



Nexperia Draws Export Ban, Shares Drop Further

Nexperia遭出口禁令打击,股价持续下挫

2025-10-15 浏览


Netherland-based chipmaker Nexperia, a subsidiary of China's Wingtech, said on Tuesday that the Chinese government banned it from exporting goods from China four days after Dutch authorities seized temporary control of the company, citing management concerns. In its first statement since the Dutch takeover on September 30, Nexperia said it is seeking an exemption from China's countermeasure. The Dutch complaint against Nexperia apparently revolves around alleged improprieties by Zhang Xuezheng, Wingtech founder and Nexperia executive director. But analysts said the Dutch action may also be related to the parent company's presence on a US trade blacklist in a long-arm extension of the US-China trade war. Once part of Dutch electronics firm Philips, Nexperia was acquired by Wingtech in 2018 for US$3.6 billion. Wingtech's Shanghai-listed shares have plunged 10 percent each of the past two days.  
来源: Shanghai Daily  



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