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Brian Rhoads

Brian Rhoads

Hong Kong
SCMP Plus Editor
Brian Rhoads has been a journalist in Asia and North America for more than three decades, serving in Beijing, Shanghai, Hong Kong, Singapore, New York and the San Francisco area. He graduated from Stanford University with a BA in Political Science in 1987.
Brian Rhoads has been a journalist in Asia and North America for more than three decades, serving in Beijing, Shanghai, Hong Kong, Singapore, New York and the San Francisco area. He graduated from Stanford University with a BA in Political Science in 1987.
Languages Spoken:
English, Mandarin

Chinese data centre component firms hammered as US drafts ban

Shares of firms including Zhongji Innolight, newly listed in Hong Kong, dive on news US is working on plan to ban imports from China of new models of their core product.

Top official greets scientists doing research from foundational to frontier, with country committed to raising R&D spending by at least 7 per cent a year.

Big three Chinese premium vehicle makers’ deliveries decline in July and central bank vows steps to foster economic growth as it hits a four-year low.

Nvidia supplier Innolight declines on its Hong Kong trading debut as once AI-hungry investors turn increasingly nervous about sector’s huge spending plans.

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Overseas borrowers in China’s onshore yuan debt market will avoid some fees until 2028 as regulators seek to grow international use of the currency.

The reported start of production of chipmaking equipment in China has shaken up the global industry, even with efforts still trailing far behind leaders.

Chipmaker CXMT skyrocketed on its first day of trading on Shanghai’s Star Market, fuelled by a low IPO valuation and surging global demand for DRAM memory.

Washington mulls penalties after Anthropic and OpenAI say Chinese tech firms are stealing intellectual property by distilling their frontier models.

An overwhelming rush to sign up for Moonshot’s Kimi K3 model underscores how China is rapidly gaining ground on the US in artificial intelligence.

Listing could be country’s second biggest at US$9.8 billion and comes as global demand for memory chips soars on the back of AI infrastructure build-out.

Upticks in June retail sales and industrial output growth to meet export demand are the bright spots amid a raft of sobering economic indicators.

Torrid pace of export growth in June, fuelled by global AI boom, keeps country on track for another huge surplus despite Iran war headwinds and big rise in imports.

The successful capture of the booster stage of a Long March-10B rocket is a first step on the road to narrowing the decade-long head start of Elon Musk’s SpaceX.

Central bank chief Pan Gongsheng unveiled new steps to grow the yuan market in Hong Kong, underscoring the city’s role in boosting global use of China’s currency.

Plug-in hybrid owners will have to start paying an annual vehicle levy in China, as the shift to new-energy models lowers tax revenues while also worsening road damage.

Europe’s most valuable company is seeking to boost sales in China while its home government works to fend off tougher export controls from the US.

Vice-Premier Ding Xuexiang defended China’s exports after German Chancellor Friedrich Merz called for a Plaza Accord-style intervention to strengthen the yuan.

US defence secretary Pete Hegseth adopted a noticeably less hostile tone towards China in his address at this year’s Shangri-La Dialogue.

EU officials will discuss new trade protection measures at a meeting on Friday as the continent’s companies contend with a deluge of Chinese imports.

Related Topics
YuanIPOUS-China relationsChina stock marketBanking & financeScienceArtificial intelligenceElectric & new energy vehiclesUS-China trade warChina-EU relations