
Japan's Nissan looks to export China-made electric cars in global expansion push
Japanese carmaker
Nissan Motor is looking to expand in the global market with made-in-China electric vehicles (EVs) featuring smart driving technologies, highlighting its commitment to the Chinese market, a company executive said on Wednesday.
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'The Chinese market is leading a lot of technology investment, so of course we want to stay and compete,' Stephen Ma, chairperson of Nissan's management committee for China, said during an interview at the Shanghai Auto Show on Wednesday. China and the US are two of Nissan's largest markets, he added.
The company displayed two new vehicles at the event: an electric sedan called the N7, from its Chinese joint venture Dongfeng Nissan, and the Frontier Pro, a plug-in hybrid electric pickup truck from Zhengzhou Nissan.
The new models are part of a broader effort to roll out 10 '
new-energy vehicles ' (NEVs) – referring primarily to pure electric and hybrid cars – by the summer of 2027. Nissan increased its target from eight, which it had previously planned to release by the end of the 2026 financial year.
The Nissan N7 electric car displayed during the Shanghai Auto Show. Photo: AFP
The N7 and Frontier Pro are both designed and manufactured in China, and Nissan plans to export them to global markets in what would be a first for the company's Chinese brands.
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HKFP
8 hours ago
- HKFP
US President Trump says deal with Chinese leader Xi ‘extremely hard' as steel tariffs double
Donald Trump said on Wednesday that it was 'extremely hard' to reach a deal with Chinese leader Xi Jinping, but the EU touted progress in its own trade talks with Washington even though the US president doubled global metal tariffs. Trump's latest trade moves came as OECD ministers gathered in Paris to discuss the outlook for the world economy in light of a US hardball approach that has rattled world markets. Trump's sweeping tariffs on allies and adversaries have strained ties with trading partners and sparked a flurry of negotiations to avoid the duties. The White House has suggested the president will speak to Xi this week, raising hopes they can soothe tensions and speed up a trade deal between the world's two biggest economies. However, early Wednesday, Trump appeared to dampen hopes for a quick deal. 'I like President XI of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!' he posted on his Truth Social platform. Asked about the remarks during a regular press briefing, Chinese foreign ministry spokesman Lin Jian said: 'The Chinese side's principles and stance on developing Sino-US relations are consistent.' China was the main target of Trump's April tariff blitz, hit with levies of 145 percent on its goods and triggering tit-for-tat tariffs of 125 percent on US goods. Both sides agreed to temporarily de-escalate in May, after Trump delayed most sweeping measures on other countries until July 9. His latest remarks came hours after he increased his tariffs on aluminum and steel from 25 percent to 50 percent, raising temperatures with various partners while exempting Britain from the higher levy. EU trade commissioner Maros Sefcovic said after talks with US Trade Representative Jamieson Greer on the sidelines of the OECD meeting in Paris that raising the metal tariffs 'doesn't help the negotiations'. The two sides were nonetheless 'making progress' in their negotiations, Sefcovic said at a news conference. Goods from the 27-nation bloc will be hit with 50-percent tariffs on July 9 unless it reaches a deal with Washington. The EU has vowed to retaliate. 'We did very much focus on these negotiations, and I still believe in them,' Sefcovic said, adding that he was optimistic that a 'positive result' could be reached. Steel tariffs The OECD cut its forecast for global economic growth on Tuesday, blaming Trump's tariff blitz for the downgrade. 'We need to come up with negotiated solutions as quickly as possible, because time is running out,' German economy minister Katherina Reiche warned. French trade minister Laurent Saint-Martin said: 'We have to keep our cool and always show that the introduction of these tariffs is in no one's interest.' Canada, the largest supplier of the metals to the United States, has called Trump's tariffs 'illegal and unjustified'. After talks between UK Trade Secretary Jonathan Reynolds and Greer on Tuesday, London said imports from the UK would remain at 25 percent for now. Both sides needed to work out duties and quotas in line with the terms of a recently signed trade pact. 'We're pleased that as a result of our agreement with the US, UK steel will not be subject to these additional tariffs,' a British government spokesperson said. White House wants offers The Group of Seven advanced economies — Britain, Canada, France, Germany, Italy, Japan and the United States — was due to hold separate talks on trade Wednesday. Mexico will request an exemption from the higher tariff, Economy Minister Marcelo Ebrard said, arguing that it was unfair because the United States exports more steel to its southern neighbour than it imports. 'It makes no sense to put a tariff on a product in which you have a surplus,' Ebrard said. Mexico is highly vulnerable to Trump's trade wars because 80 percent of its exports go to the United States, its main partner. While some of Trump's most sweeping levies face legal challenges, they have been allowed to remain in place for now as an appeals process takes place. White House press secretary Karoline Leavitt confirmed Tuesday that the Trump administration sent letters to governments pushing for offers by Wednesday as the July 9 deadline approached.


Asia Times
11 hours ago
- Asia Times
Trump's tech sanctions to empower China, betray America
President Donald Trump is stepping up US efforts to cut off China's access to advanced technology, marking a continuation of restrictions first launched in his first term and continued under the Biden administration. The primary victims of these technology bans are American companies that were once China's preferred suppliers. The main beneficiaries are Chinese companies, some of which have been handed massive market opportunities stripped of their most formidable foreign competitors. This has most recently been illustrated by new restrictions on exports to China of US semiconductor design technology, Nvidia's H20 AI processor and jet engines for passenger aircraft. Last week, the Bureau of Industry and Security of the US Department of Commerce ordered electronic design automation (EDA) software providers serving the semiconductor industry to halt shipments to Chinese customers. On the news, the share prices of the world's top two EDA companies, Synopsys and Cadence Design, dropped by more than 13% and then recovered to finish down 6% and 8%, respectively, in the week to Friday, May 30. The third major EDA supplier, the US company formerly known as Mentor Graphics now owned by Germany's Siemens, is no longer publicly traded. According to market research organization TrendForce, Synopsys, Cadence Design, and Siemens have 31%, 30%, and 11% of the global EDA market, respectively. China accounted for 16% and 12% of Synopsys' and Cadence's EDA sales in 2024. Siemens does not provide a geographical breakdown of its EDA sales. As EETimes reports, EDA is seen as 'the true choke point' in China's semiconductor industry, particularly with regard to artificial intelligence (AI) processors and other advanced integrated circuits (ICs). In addition, according to Cadence, the BIS wrote that the sale of EDA software to Chinese companies constitutes 'an unacceptable risk of use in or diversion to a 'military end use' in China or for a Chinese 'military end user.'' In theory, exports of EDA tools to Chinese customers would be allowed under BIS license; in practice, licenses are extremely unlikely to be forthcoming. For this reason, Synopsys has reportedly shut down its EDA sales and service operations and told its local staff to stop taking new orders in China. EDA export restrictions were first considered during the previous Trump administration, but until now have reportedly been rejected because they were considered too aggressive. Now they are part of Trump's strategy to ramp up pressure on China in pursuit of a broad trade deal. Last year, Synopsis, Cadence Design and Siemens held approximately 80% of the Chinese EDA market, but that figure is already in decline. Synopsys' sales in China dropped 28% year-on-year in the first half of its fiscal 2025 (the six months to April), with the share of its total sales made there falling from a peak of 17% in Q3 of fiscal 2024 to 10% in Q2 of 2025. Cadence Design reported a 9% year-on-year increase in China sales in Q1 of its fiscal 2025 (ended March) but a 24% decline from Q4 of 2024, with the share of its total sales made in China dropping from 13% to 11%. And now, if Trump doesn't back down, it – and Synopsys's 10% – could fall to zero. Meanwhile, the sales of Chinese EDA companies are growing. There are more than ten EDA software and system developers in China, including Empyrean Technology, Primarius Technologies and Xpeedic. A combination of estimates from market research and industry associations, independent analysts and the companies themselves puts their market shares at 10%-12%, 5%-6% and 3%-4%, respectively. In March 2025, Empyrean announced plans to take control of Xpeedic. In Q1 of 2025, Empyrean and Primarius' sales were up 10% and 12% year-on-year, respectively. While the share prices of US EDA companies fell, those of their Chinese competitors rose. The share prices of Empyrean Technology and Primarius Technologies jumped 16% and 21%, respectively, last Wednesday and Thursday. Primarius, which has a significantly smaller market capitalization, continued to rise, finishing up 35% in the week through Tuesday, June 3. Chinese EDA companies receive support from central and local governments, academia and private sector customers, including tech giants Huawei and SMIC. China's National Center of Technology Innovation for EDA was established in Nanjing in June 2023, with contributions from Jiangsu Province, the Ministry of Education, Peking and Xidian universities, and an investment company from Shenzhen. Member companies include Empyrean, Primarius and Shenzhen Giga Design Automation. It could take some time, but China appears to be relatively well-positioned to take advantage of and overcome the latest US government sanctions. The Chinese EDA industry is already undergoing consolidation, and the forced withdrawal of US competitors provides a new incentive to push their technological limits and build economies of scale. Notably, Empyrean already works with Japan's Renesas while Empyrean, Primarius and Xpeedic are EDA partners of Samsung Foundry. In April, Nvidia revealed in an SEC filing that sales of its H20 AI processors to China would effectively be banned, and that it was therefore planning to write down $5.5 billion worth of inventory, purchase commitments and related reserves in Q1 of its fiscal 2026. (Shipments of equivalent processors from AMD were also restricted.) In the event, Nvidia's write-down was $4.5 billion but the ban also reduced sales by $2.5 billion and $8 billion more is expected to be lost in Q2. China accounted for about 10% of Nvidia's sales in Q1, down from 13% the previous fiscal year. Now, the figure seems likely to drop to low single digits. Nvidia's share of the Chinese market for AI processors, which has already dropped from 95% to 50% (40% by some estimates), is also expected to keep falling, likely to insignificance if US policy doesn't change. At the Computex 2025 event held in Taipei, Taiwan, from May 20 to 23, Nvidia CEO Jensen Huang called export controls a 'failure.' Elaborating on the assessment, he said that, 'The US has based its policy on the assumption that China cannot make AI chips. That assumption was always questionable, and now it's clearly wrong.' A Nvidia spokesperson added, 'With the ban on H20, our competitors in China are now largely shielded from US competition and free to leverage that entire $50 billion market to build a robust AI ecosystem.' In an interview with the Stratechery tech newsletter published on May 19, Huang said, 'China's doing fantastic. 50% of the world's AI researchers are Chinese and you're not going to hold them back, you're not going to stop them from advancing AI. Let's face it, DeepSeek is deeply excellent work. To give them anything short of that is a lack of confidence, so deep that I just can't even tolerate it.' Alibaba, Baidu, Tencent and other Chinese buyers of AI processors are already using domestic alternatives to chips from Nvidia and AMD, starting with, but not limited to, Huawei's Ascend series. On May 28, The New York Times reported that the US government has restricted sales of jet engine technology to China, which will likely be a major headache for the Commercial Aircraft Corporation of China (COMAC). COMAC's C919 passenger jets are currently equipped with LEAP turbofan engines manufactured by CFM International, a joint venture between GE Aviation of the US and Safran Aircraft Engines of France. However, the Aero Engine Corporation of China appears to be making progress toward developing a domestic alternative, known as the CJ-1000. In March, as reported by the South China Morning Post, Shi Jianzhong, honorary president of the Shanghai Society of Aeronautics and former deputy general manager of COMAC, told a Chinese aviation forum that 'The CJ-1000 engine is in trial runs and it fared better than my most optimistic expectations.' Verification flights of the C919 aircraft equipped with the CJ-1000 jet engine are expected to begin 'soon.' There is also the possibility of renewed collaboration with Russia, which has a history of building jet engines for commercial aircraft dating back to the Soviet Union era. But that appears to be on hold as Russia concentrates on developing key components for its own short- and medium-range passenger jets. Two years ago, Yury Slyusar, CEO of Russia's United Aircraft Corporation (UAC), warned COMAC that 'There may come a point when Western nations halt the supply of crucial components, assemblies, and products, potentially leading to a halt in aircraft production. Therefore, we urge them to reconsider the 'insides' of the aircraft as part of joint projects and reduce dependency on Western companies.' Ever since Trump first slapped sanctions on Huawei in 2018, the US government has incentivized Chinese innovation while undermining once-dominant American market shares, creating what it aims to prevent – the emergence of Chinese technology industries that are both self-sufficient and globally competitive. The attempt to suppress Huawei – which today is not only a world leader in telecom equipment but also has a growing presence in AI, IC design, autonomous driving and even enterprise software – has, by any measure, failed. And that will likely be the case for many Chinese companies targeted by the latest round of US sanctions. At the Reagan National Economic Forum held in California at the end of May, JP Morgan Chase CEO Jamie Dimon said, 'I would engage with China. I just got back from China last week. They're not scared, folks. This notion they're going to come bow to America, I wouldn't count on that. When they have a problem, they put 100,000 engineers on it. They've been preparing for this for years.' Follow this writer on X: @ScottFo83517667


Asia Times
16 hours ago
- Asia Times
Trial by fire: Chinese laser weapon reputedly in Russian service
China's battlefield lasers have arrived in Ukraine and may soon shape a drone-saturated future war over Taiwan. Last month, The War Zone (TWZ) reported that Russia has reportedly deployed a Chinese laser weapon system to counter Ukrainian drones, according to pro-Russian Telegram sources. A video posted this May shows a system resembling China's Shen Nung 3000/5000 anti-drone laser, previously supplied to Iran. The footage depicts Russian troops operating the system from a vehicle, followed by its deployment and engagement of aerial targets, including drones visibly catching fire midair. The Nomad special forces unit is reportedly utilizing the system, with Russian analysts deeming it a significant advancement over previous counter-drone technologies. While the exact specifications remain unclear, experts suggest that the system is a variant of the Low-Altitude Laser Defending System (LASS) manufactured by China's Academy of Engineering Physics. The incident underscores deepening military cooperation between Russia, China and Iran, raising concerns over China's expanding arms exports amid ongoing conflicts. China has denied direct involvement and claims neutrality. The video's emergence comes amid broader developments in laser air defense technology, including Israel's Iron Beam system, deployed against Hezbollah drones. The effectiveness of laser-based weapons remains debated due to environmental limitations and operational challenges, but their increasing field use signals ongoing adaptation in modern warfare. Looking at the promise of laser weapons, Ian Boyd mentions in a March 2024 article for The Conversation that laser weapons promise speed-of-light engagement, precision targeting, and an 'infinite magazine' as long as power is available. Boyd highlights their advantages, including low cost per shot, minimal logistical footprint, and adaptability across land, sea, air, and space platforms. However, he also points out their drawbacks, such as high power demands, cooling requirements and environmental limitations, including fog, rain and smoke. Those advantages could have been decisive in US operations against Houthi rebels in the Red Sea. Lara Seligman and Matt Berg note in a December 2023 Politico article that the US has used multi-million, hard-to-replace interceptor missiles to intercept Houthi suicide drones that cost US$20,000 at most. In that situation, they point out that the cost-benefit analysis favors the Houthis, with high interceptor missile costs, long missile production times and limited ship magazines all working against the US. Further, laser weapons might have mitigated some of the damage in Ukraine's recent audacious drone swarm attack on Russian airfields and bombers. While Russia deployed countermeasures, such as blast walls, decoys, air defense systems and improvised defenses, including placing tires on bomber wings to confuse image-matching systems, these have yielded mixed results at best. Building hardened aircraft shelters (HAS) may not have been an option for Russia, given the size of its bomber aircraft, and that doing so could spark a nuclear miscalculation between the US and Russia. While Russia has suspended its participation in the New Strategic Arms Reduction Treaty (START 3), it still complies with its terms in practice by keeping its bombers out in the open, allowing for US satellite and inspection-based verification. While US airbases in the Pacific lack hardening, the US hardening its airbases could be interpreted by Russia or China as preparation for nuclear war or a more aggressive nuclear posture, with negative implications for strategic stability. Lessons learned from the Russia-Ukraine War could inform China's doctrine in deploying laser weapons during a Taiwan Strait conflict. Highlighting the possibility of drone swarms being used against China, US Indo-Pacific Command (USINDOPACOM) commander Admiral Samuel Paparo said in a July 2024 Washington Post interview that he intends to turn the Taiwan Strait into an unmanned 'hellscape' to deter a Chinese invasion of Taiwan. 'I want to turn the Taiwan Strait into an unmanned hellscape using a number of classified capabilities,' he said. 'So that I can make their lives utterly miserable for a month, which buys me the time for the rest of everything.' According to USNI News in January 2025, the US Department of Defense's (DOD) Replicator initiative is advancing toward its August 2025 milestone, aiming to deploy lethal swarms of unmanned vehicles linked by integrated software. The report states that the first tranche of the Replicator initiative, initially launched in 2023, focuses on surface and subsurface drones and loitering munitions to deter a potential Chinese invasion of Taiwan. It says that the second tranche, announced in 2024, prioritizes counter-drone capabilities. As to how the US could use Replicator drone swarms to defeat a Chinese invasion of Taiwan, Stacie Pettyjohn and other writers mention in a June 2024 Center for a New American Security (CNAS) report that swarms of low-cost, long-range suicide drones can overwhelm Chinese naval forces and disrupt amphibious landings. Pettyjohn and others say that these autonomous systems when paired with advanced surveillance drones, would rapidly close kill chains by identifying targets and guiding precision strikes. They add that pre-positioned drones in Taiwan could accelerate early response, while layered counter-drone defenses would blunt China's swarms. A January 2025 Defense News report stated that while the Replicator initiative has received bipartisan support, concerns persist over funding, scalability, and long-term viability. The report states that industry leaders argue that without increased investment, Replicator will fall short of its goal to field thousands of autonomous systems rapidly. While Defense News notes that congressional aides expect modifications rather than cancellation, the program's trajectory hinges on changes in leadership at the US DOD. It mentions that analysts warn that without sustained momentum, Replicator may struggle to deliver the transformative impact envisioned at its launch. China is taking the threat seriously. Defense One reported in May 2025 that aside from the Shen Nung 3000/5000 anti-drone laser, China Aerospace Science and Industry Corporation (CASIC) has developed the LW-30 and LW-60, which offer vehicle-mounted interception with AI-driven automation. Additionally, Defense One reports that China has developed a breakthrough cooling system, which enables continuous laser operation by eliminating heat buildup—a longstanding challenge to the effectiveness of laser weapons. The report states that these advancements underscore China's commitment to reducing its reliance on costly missile interceptors while enhancing precision and operational efficiency. By testing its lasers in foreign wars, China is quietly mastering the weapons it may one day unleash in the Taiwan Strait.