US-China relations

THINKING ALOUD

Space race tightening for the spoils of the moon

Estimates put the current space economy at about US$600 billion

The move against the Meta-Manus deal highlights the growing barriers between the tech sectors of China and the US.
THE BOTTOM LINE

Beijing’s blunt message to its tech sector

China’s ban on Meta-Manus deal is a warning to keep AI innovations at home

For Xi, showcasing strength in China’s tech sector reduces Trump’s ability to use access to advanced US chips as a bargaining tool.

China, US tensions build over Iran and AI before Trump meets Xi

Washington and Beijing are each using the negotiating window to armour their supply chains, lock down critical intellectual property and build leverage

MiroMind – founded by Chen Tianqiao, a pioneer of China’s online gaming industry.

Billionaire founder overhauls MiroMind after warning on Manus

AI startup’s approach may now offer a formula for domestic firms hoping to set up global businesses

Meta announced the acquisition of Manus in late December 2025, saying it was aimed at accelerating AI innovation and integrating advanced automation.
BT EXPLAINS

AI arms race: Why China scuppered Manus’ US$2 billion sale to Meta

The startup’s parent company moved its headquarters to Singapore in June 2025, shortly before the deal

Hengli is among China’s top producers of purified terephthalic acid and one of world’s biggest petrochemical suppliers.

US sanctions on China oil giant Hengli turn up heat for teapot refiners

Hundreds of chemical, synthetic fibre and textile producers across East Asia face near-immediate disruption to supplies

As international perceptions of Chinese power change, its global favourability becomes more difficult to manage.

China’s ‘Trump-sized’ window of opportunity

Global sentiment is shifting, presenting Beijing a generational moment – and a familiar problem

The letter was delivered in early April ahead of a meeting of Indonesia's Defence Minister Sjafrie Sjamsoeddin (left) and his US counterpart Pete Hegseth in Washington on Apr 13.

Indonesia’s foreign ministry urges caution over US military overflight proposal

It would allow Washington to maximise surveillance and reconnaissance using Indonesian waters and territory

Led by the likes of BYD and Geely Automobile Holdings, China’s automakers have rapidly gained market share in Europe, Mexico and South America.

US trade chief says tech restrictions to block Chinese autos

Greer emphasised that tariffs are an effective tool to bring manufacturing back to the US