US-China trade talks begin in London, Egypt's new capital project: SCMP daily highlights
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Top economic officials from China and the United States have kick-started a crucial round of trade talks in London, as the world watches closely to see if the two sides can agree to roll back their 'chokehold' controls over critical minerals and advanced technologies.
China has initiated the world's first large-scale application of non-binary AI chips, integrating its proprietary hybrid computing technology into critical sectors including aviation and industrial systems.
Workers transport soil containing rare earth elements for export at a port in China's Jiangsu province. Photo: Reuters
In a reflection of Beijing's ability to quickly leverage its dominance over the critical-mineral supply chain, the value of rare earth elements exported by China last month plunged by nearly half compared with a year prior.
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