The TSMC deal became a crucial catalyst for the bipartisan CHIPS for America Act, designed to bring back American semiconductor manufacturing, and the Endless Frontier Act, to boost investment in …
Monthly Archives For July 2022
Majority of U.S. Senate backs bill boosting chipmakers, to compete with China
A majority of the U.S. Senate on Wednesday backed sweeping legislation to subsidize the domestic semiconductor industry, hoping to boost companies as they compete with China and alleviate a persistent …
Upcoming Chevy Small Sedan Leaked In China
An upcoming small sedan from Chevrolet has just been fully leaked in China, after the vehicle was spotted in the Asian country earlier this year as a future Wuling global hatchback bearing the Chevy …
Biden set to speak with China’s Xi on Thursday
The scheduled call between President Biden and Chinese President Xi Jinping comes amid heightened tensions over Taiwan.
China-US Deal Needed Very Soon to Avoid Delistings, SEC’s Gensler Says
US and China officials must reach an agreement “very soon” over access to audit work papers for Chinese companies to avoid being kicked off American stock exchanges, Securities and Exchange Commission …
China needs COVID strategy rethink to limit economic harm, IMF official says
China needs to rethink its zero-COVID policy to avoid more harm to the economy, as well as come up with a long-term solution to the crisis in the real estate sector, a senior International Monetary…
Empty threats? Fears grow as China fumes over possible Pelosi visit to Taiwan
Pelosi, the second in the line of succession to the presidency, would be the most senior U.S. lawmaker to visit Taiwan since Newt Gingrich went there in 1997.
China’s industrial profits up 1% in H1
Profits of China’s major industrial firms rose 1 percent year on year in the first half of 2022, official data showed on Wednesday. Industrial firms each with annual main business revenue of at least …
China’s real estate crisis will cause a more severe downturn in iron ore prices: Goldman Sachs
A severe surplus in the iron-ore market caused by the renewed pressure in China’s property market will sink prices of the commodity over the second half of the year, Goldman Sachs analysts warned this …
The G7 is looking to cap Russian oil prices by December as China and India show interest in minimizing import costs, report says
The G7 is looking to cap prices on Russian oil before December 5, when a new round of EU sanctions will take effect. A senior G7 official told Reuters that China and India are interested…
Gucci’s sales growth eases in Q2 as China lockdowns weigh
Sales at French luxury group Kering’s top brand Gucci rose by just 4% in the second quarter, the group said on Wednesday, as a new round of lockdowns weighed on revenues in the key Chinese…
Emerging From Crackdown, Chinese Ed-Tech Firms Make a Return to U.S. Market
Chinese education companies are once again going public, moving past government restrictions that temporarily put a halt on tech firms making that leap.
China in the neighbourhood
Chaudhary’s book The China Factor presents good background reading for anyone interested in assessing China’s relations with some of India’s neighbours …
ADVERTISEMENT
