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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 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