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As of September 9, 2025, the US has formally reduced tariffs on Japanese automobiles and parts from 27.5% to 15%, following a July agreement. Japan pledged $550 billion in US investments and agreed to increase imports of American agricultural products, including rice. Some tariff issues on pharmaceuticals and semiconductors remain unresolved, with ongoing administrative talks.
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Approximately 67 shipping containers fell into the water from the vessel Mississippi at Long Beach port before 9 a.m. No injuries reported. The incident caused temporary port disruptions as authorities worked to secure the containers. The vessel had departed from Shenzhen, China, on August 26.
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U.S. tennis star Townsend faced backlash after posting videos criticizing Chinese cuisine during the Billie Jean King Cup Finals in Shenzhen. She apologized publicly, acknowledging her privileged position and cultural differences, amid social media criticism and controversy over her remarks about local dishes including turtle and bullfrog.
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Chinese tech firms, including Cambricon and Huawei, are advancing their AI chip and supercomputer efforts to reduce reliance on US technology. Cambricon's stock surged on demand for domestic AI processors, while Huawei plans to launch powerful superclusters in 2026-2027, reflecting China's push for tech self-sufficiency.
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China's state-backed investors hold nearly 4 trillion yuan in stocks, surpassing foreign holdings and signaling ongoing government support. Meanwhile, Chinese equities rally, with institutional investors leading the surge, and bond issuance hits new highs amid waning foreign interest in Chinese debt.
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Super Typhoon Ragasa, with winds up to 215 km/h, is nearing the Philippines' Babuyan Islands, prompting evacuations and warnings of life-threatening storm surges. The storm is forecast to move westward, impacting China and Taiwan, with authorities activating flood control measures and evacuations today, Thu, 25 Sep 2025.
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As of late September 2025, Super Typhoon Ragasa caused severe flooding and destruction across Taiwan, southern China, and the Philippines. At least 14 people died in Taiwan after a barrier lake burst in Hualien County, flooding Guangfu township. Millions were evacuated in southern China, with widespread damage reported in Guangdong and Hong Kong. The storm has weakened but remains a rain threat to Southeast Asia.
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Super Typhoon Ragasa struck southern China, Hong Kong, and Taiwan, causing fatalities, injuries, and widespread damage. It weakened as it moved inland, with ongoing threats from new storms in the Pacific and Atlantic. Authorities continue recovery efforts amid evacuations and disruptions.
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Nathan Law, a prominent Hong Kong exile and activist wanted under the national security law, was refused entry into Singapore while attempting to attend a private event. Despite holding a valid visa, he was detained and deported to the US, amid ongoing tensions over extradition and political asylum.
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Chinese firms are making progress in developing domestic semiconductor manufacturing tools amid US export restrictions. AMIES and SiCarrier showcased new lithography, inspection, and design software at recent expos, highlighting efforts to boost self-reliance in chip production. US-China tensions continue to influence the industry landscape.
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This week sees the launch of advanced dashcams and flagship smartphones. Vantrue's N5S four-channel dashcam offers comprehensive coverage, while Honor, OPPO, and Vivo unveil new models with high-resolution cameras, large batteries, and premium designs. The launches highlight ongoing innovation in automotive and mobile tech.
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The US national debt has reached $38 trillion, raising concerns about fiscal sustainability. Meanwhile, China advances its digital yuan pilot, and Hong Kong completes its second phase of e-HKD trials. Global strategies diverge as the US supports decentralized digital assets, while China emphasizes CBDCs to maintain monetary sovereignty.
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On Wednesday afternoon, a massive fire broke out at the Wang Fuk Court housing complex in Tai Po, Hong Kong, rapidly engulfing seven of eight buildings. As of Sunday morning, 146 bodies have been recovered, with around 100 people still missing. Authorities arrested three construction company officials on manslaughter suspicions amid investigations into unsafe materials and gross negligence.