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Today — 10 December 2025Main stream

I.M.F. Prods China, Gently, on Its Weak Currency

✇NYT | Top Stories
By: Keith Bradsher
10 December 2025 at 19:06
Caught between Beijing and the Trump administration, the International Monetary Fund offered mild criticism of China for relying too heavily on exports.

© Ng Han Guan/Associated Press

Kristalina Georgieva, the managing director of the I.M.F., said on Wednesday that China’s currency should appreciate.

Chip Company Plotted to Send Technology to China, Ex-C.E.O. Says

✇NYT | Top Stories
By: Mara Hvistendahl and Joy Dong
10 December 2025 at 13:00
The former chief executive of Nexperia, a Dutch chipmaker, said Dutch officials had known for years that the company’s Chinese owner sought to move its technology to China.

© Fabian Bimmer/Reuters

On a production line of the Dutch semiconductor company Nexperia in Hamburg, Germany, last year. Dutch officials seized the company in September.

Trump’s Nvidia Chip Deal Reverses Decades of Technology Restrictions

✇NYT | Top Stories
By: David E. Sanger
10 December 2025 at 08:14
President Trump’s decision to allow Nvidia to sell its chips to China has raised questions about whether he is prioritizing short-term economic gain over long-term American security interests.

© Pete Marovich for The New York Times

President Trump with Jensen Huang, the chief executive of Nvidia, at the White House in April.
Yesterday — 9 December 2025Main stream

Trump Eases Limits on Nvidia Exports to China at ‘Critical Moment’

✇NYT | Top Stories
By: Meaghan Tobin
10 December 2025 at 01:08
President Trump said Nvidia can export some chips. But years of U.S. restrictions have propelled China to make everything it needs for advanced A.I.

© John G Mabanglo/EPA, via Shutterstock

Nvidia has argued that blocking access to its chips has only spurred Chinese companies to improve faster.

Nvidia’s China Lobbying Wins Big. But the True Payoff is Less Certain.

✇NYT | Top Stories
By: Andrew Ross Sorkin， Bernhard Warner， Sarah Kessler， Michael J. de la Merced， Niko Gallogly， Brian O’Keefe and Ian Mount
9 December 2025 at 21:05
President Trump’s move fulfills a major goal of the chipmaker. But the move faces opposition in Washington — and uncertainty in Beijing.

© Pete Marovich for The New York Times

Lobbying efforts by Jensen Huang, C.E.O. of Nvidia, appear to have paid off in a big way.

As Prices Increase From Tariffs, Trump Administration Goes on the Defensive About Affordability

✇NYT | Top Stories
By: David E. Sanger
10 December 2025 at 00:32
The president rolled out a $12 billion bailout for farmers as he makes the case that his policy is working — or will soon.

© Tierney L. Cross/The New York Times

The president announced $12 billion in bailout money for America’s farmers who have been battered in large part by his trade policies.

Trump Clears Sale of More Powerful Nvidia A.I. Chips to China

✇NYT | Top Stories
By: Tripp Mickle and Ana Swanson
9 December 2025 at 06:30
Approval for the H200 chip followed months of haggling between tech industry backers and defense hawks.

© Eric Lee for The New York Times

The Trump administration wants to encourage Chinese companies to use Nvidia’s H200 chip while limiting sales of the company’s newest chips, known as Blackwell.
Before yesterdayMain stream

China’s Weak Currency Is Powering Its Exports and Drawing Criticism

✇NYT | Top Stories
By: Keith Bradsher
8 December 2025 at 12:18
China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to drive exports.

© Chang W. Lee/The New York Times

An advertisement for a Xiaomi 17 Pro phone next to an Apple store in Shanghai. The weak value of the Chinese currency has hurt the ability of Chinese consumers to afford foreign brands.

Despite Trump’s Tariffs, China’s Trade Surplus Climbs Past $1 Trillion for First Time

✇NYT | Top Stories
By: Keith Bradsher
8 December 2025 at 12:15
President Trump’s tariffs weren’t enough to hold back the global export flood by China, which pushed past last year’s record in just 11 months.

© Chang W. Lee/The New York Times

A Geely manufacturing plant in Hangzhou, China. Carmakers and other exporters in traditional manufacturing powerhouses like Germany, Japan and South Korea are losing customers to Chinese rivals.
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