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In a bind over rare earths, Europe watches US-China tussle from the sidelines
NEWS
5/12/2026

In a bind over rare earths, Europe watches US-China tussle from the sidelines

In a conference centre in The Hague last October, a roomful of Asia-watching European officials and experts were gathered for a symposium on relations with China when news broke that Beijing was expanding export controls on rare earths and other minerals. Crucially, there was now an extraterritorial element: China could deny exports not only to direct buyers, but also restrict products made in third countries if they contained Chinese-origin rare earth content or controlled inputs. In practice,...

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SCMP News
China targets top spot in supercomputing with fully domestic, CPU-only machine
NEWS
5/5/2026

China targets top spot in supercomputing with fully domestic, CPU-only machine

China has unveiled a new supercomputer built from entirely home-grown CPUs, with the aim of beating the world’s fastest machine while sidestepping US export controls. Known as Lingsheng or LineShine, it is designed to reach 2 exaflops – or two quintillion calculations per second – edging past the 1.8-exaflop El Capitan, the current record holder at the Lawrence Livermore National Laboratory in California. Unlike other exascale supercomputers, which rely on graphics processing units (GPUs),...

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SCMP Economy
China targets top spot in supercomputing with fully domestic machine
NEWS
5/5/2026

China targets top spot in supercomputing with fully domestic machine

China has unveiled a new supercomputer built from entirely home-grown CPUs, with the aim of beating the world’s fastest machine while sidestepping US export controls. Known as Lingsheng or LineShine, it is designed to reach 2 exaflops – or two quintillion calculations per second – edging past the 1.8-exaflop El Capitan, the current record holder at the Lawrence Livermore National Laboratory in California. Unlike other exascale supercomputers, which rely on graphics processing units (GPUs),...

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SCMP Economy
How US tech hegemony is locking out the Global South
NEWS
5/4/2026

How US tech hegemony is locking out the Global South

In global discourse, a script has been handed to us: the United States and China are locked in a “tech race”. But this is really a misnomer. True competition requires a level playing field. When one runner trips the other to ensure victory, it’s not a competition; it’s cheating. So, when Washington deploys an arsenal of sanctions, export controls and diplomatic strong-arming to hamstring China’s technological ascent, it is not competing. It is an act of suppression. This reflects a deliberate...

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SCMP Economy
Japan Overhauls Export Controls to Allow Military Aid to Ukraine, Citing China-Taiwan Threat
Developing
Defense·5/1/2026AI summary

Japan Overhauls Export Controls to Allow Military Aid to Ukraine, Citing China-Taiwan Threat

Japan has overhauled its export control regime to allow military equipment exports that serve Tokyo's security interests, a move Kyiv hopes to benefit from as Ukraine seeks continued support. The policy change maintains controls on exports to conflict zones but creates exceptions linked to Japan's concerns about China's growing military power and the Taiwan situation. Japanese territory lies within 110km of Taiwan, fueling Tokyo's fears that a Chinese seizure of the island could drag Japan into conflict.

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SCMP Economy
UK to impose tougher export controls to prevent goods reaching Russia via third countries
Developing
Politics·4/22/2026AI summary

UK to impose tougher export controls to prevent goods reaching Russia via third countries

The UK government will unveil new export controls on Wednesday requiring manufacturers to obtain licences for goods destined for countries suspected of acting as staging posts for Russian-bound exports. The measures aim to prevent sanctions evasion and undermine Putin's war machine in Ukraine. Business minister Chris Bryant said the controls would have been used on dozens of occasions previously, after concerns were raised about UK carbon fibre equipment being exported to an Armenian firm with links to Russia's military production.

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Guardian Business