Chip designer Nvidia Corp said on Wednesday the U.S. government has imposed a new license requirement for any future export of its chips to China, including Hong Kong. Copyright 2022 Thomson Reuters.
Monthly Archives For September 2022
NVIDIA (NVDA) exports to China have new U.S. government-imposed license requirements
The U.S. government is imposing new license restrictions to NVIDIA’s exports to China and Hong Kong. NVIDIA (NVDA) has reportedly heard from the United States government in regards to its exports to …
FirstFT: Alibaba and Yum China first up for US regulators’ audit checks
US regulators will attempt to inspect the Chinese audit files of Alibaba and Yum China next month as part of a landmark deal between Beijing and Washington, according to people familiar with the …
Xinjiang exports to US hit two-year high despite Uygur Forced Labour Prevention Act taking effect
Industry observers surprised by leap in reported shipments for July, as many thought number would plummet to near zero after law took effect in June Importers now required to rebut presumption all …
China’s oil imports have surged from an area known for offshore ship-to-ship crude mixing meant to hide its origin
Imports of Malaysian oil have soared to nearly 800,000 barrels per day, which is more than what it produces on its own, according to Bloomberg.
China’s Guangzhou, Shenzhen tighten COVID curbs as parts of north join in
BEIJING (Reuters) -Parts of China’s southern city of Guangzhou imposed COVID-19 curbs on Wednesday, joining the tech hub of Shenzhen in battling flare-ups, fuelling uncertainty over commerce and daily …
Beijing spends more on restricting movement of its citizens than on defence
As Xi Jinping authoritarian regime in China continues to restrict the movement of hundreds of thousands of citizens under the banner of the Zero Covid Policy …
China Mobile offers free calls in Pakistan’s flood-hit areas
China Mobile Pakistan a subsidiary of China Mobile Communications Corporation has offered free calling minutes to its users in …
Centre awaits global signal on crypto ban
India’s cryptocurrency legislation is a work in progress, but the government is waiting for the Financial Stability Board (FSB) to frame cross-border regulation for cryptocurrencies, officials said …
Shenzhen tightens COVID-19 controls amid resurgence
Chinese tech hub Shenzhen, a city bordering the Hong Kong Special Administrative Region with 17 million residents announced on Wednesday that residents who need to leave the city should present …
US, China planning Biden, Xi meeting but ‘no resolution yet’: official
President Biden and Chinese President Xi Jinping are still planning on meeting in person, but no resolution has been found yet.
China-focused Addentax stock soars following uplisting, $25M IPO
Addentax Group (ATXG) shares soared following the China-focused company’s uplisting to Nasdaq and $25M initial public offering …
NSC Coordinator Kirby says China engaged in ‘clear attempt’ to ‘permanently alter’ the ‘status quo’ in Taiwan
John Kirby acknowledged reports of Chinese drones encroaching on Taiwanese airspace and said China is trying to “permanently alter” the region’s status quo.