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Asian news from China

Xi Jinping - Contributing writer - JENS KASTNER - Xi's Hungary trip sets stage for China to gain ground in Eastern Europe - asia.nikkei.com - France - China - Germany - Hungary - Serbia

Xi's Hungary trip sets stage for China to gain ground in Eastern Europe

HAMBURG, Germany -- Chinese President Xi Jinping on Friday wrapped up his European tour in Hungary where both sides signed a raft of deals, following a similarly productive trip earlier to Serbia, highlighting the different approach he took in France.

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FRANCESCA REGALADO - Nikkei staff writer - Thailand considers new anti-dumping measures against Chinese steel - asia.nikkei.com - China - Thailand -  Bangkok

Thailand considers new anti-dumping measures against Chinese steel

BANGKOK -- An investigation by Thailand's Ministry of Commerce could broaden anti-dumping measures against hot-rolled coil steel from China, whose surging exports have Southeast Asia on the defensive while its steel mills reel from overcapacity and low utilization.

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ECHO WONG - Nikkei staff writer - Hong Kong stocks' mainland-driven rally faces longevity test - asia.nikkei.com - China - Hong Kong -  Hong Kong

Hong Kong stocks' mainland-driven rally faces longevity test

HONG KONG -- The Hong Kong stock market, Asia's worst performer until mid-April, has rebounded largely thanks to mainland investors hedging against a weak yuan and hoping to take advantage of policy support from China.

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JACK STONE TRUITT - Nikkei staff writer - Chinese EV maker Zeekr soars on NYSE debut - asia.nikkei.com - China - New York -  New York

Chinese EV maker Zeekr soars on NYSE debut

NEW YORK -- China's electric vehicle maker Zeekr Intelligent Technology became the first major U.S. initial public offering for a Chinese company since 2021 on Friday as shares begun trading on the New York Stock Exchange. 

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RAMON ROYANDOYAN - Nikkei staff writer - Philippines wants Chinese diplomats expelled amid South China Sea row - asia.nikkei.com - China - Philippines -  Manila

Philippines wants Chinese diplomats expelled amid South China Sea row

MANILA -- The Philippines' national security adviser is calling for the expulsion of Chinese diplomats over an alleged leak of a phone conversation with a Filipino military official as territorial tensions continue to escalate.

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CHENG TINGFANG and LAULY LI - Nikkei Asia tech correspondents - China's SMIC predicts fiercer price war for less advanced chips - asia.nikkei.com - China -  Taipei

China's SMIC predicts fiercer price war for less advanced chips

TAIPEI -- China's top chipmaker SMIC warned of an increasingly fierce price war in the domestic market for less advanced chips as well as oversupply globally as numerous new plants begin production in the coming months.

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Joe Biden - Next U.S.-China chip battle will require more than export controls - asia.nikkei.com - China - Usa - Washington

Next U.S.-China chip battle will require more than export controls

David Feith is an adjunct senior fellow in the Indo-Pacific security program of the Center for a New American Security in Washington and was previously U.S. deputy assistant secretary of state for East Asia. Ben Noon is a member of the Asia directorate of the Vandenberg Coalition National Security Council.

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China central bank vows to support economic recovery - asia.nikkei.com - China -  Beijing - Washington

China central bank vows to support economic recovery

BEIJING (Reuters) -- China's central bank said on Friday it will ensure reasonably ample liquidity and credit expansion to consolidate the country's economic recovery, which still faces many challenges.

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